Viking Therapeutics (VKTX) Operating Expenses (2014 - 2026)

Viking Therapeutics' (VKTX) quarterly Operating Expenses came in at $164.1 million in Q1 2026, up 195.89% year-on-year from $55.5 million in Q1 2025, and little changed quarter-over-quarter from $164.7 million in Q4 2025.

Viking Therapeutics (VKTX) Operating Expenses (2014 - 2026) Analysis & Trends

Viking Therapeutics has disclosed Operating Expenses across 13 years of filings, most recently posting $164.1 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $164.1 million, up 195.89% year-over-year; the trailing twelve-month figure through Mar 2026 was $502.0 million (up 191.32% YoY), and the FY2025 annual result was $393.3 million, up 160.63% from the prior year.
  • Operating Expenses came in at $164.1 million for Q1 2026 at Viking Therapeutics, roughly flat from $164.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $164.7 million in Q4 2025 to a low of $16.2 million in Q3 2022.
  • The 5-year median for Operating Expenses is $34.1 million (2024), against an average of $51.7 million.
  • Across the five-year window, Operating Expenses increased 13.45% in 2022 and jumped 256.28% in 2025, its largest moves.
  • Viking Therapeutics' Operating Expenses stood at $20.3 million in 2022, then surged by 44.38% to $29.3 million in 2023, then jumped by 57.89% to $46.2 million in 2024, then surged by 256.28% to $164.7 million in 2025, then slipped by 0.37% to $164.1 million in 2026.
  • The last three Operating Expenses figures came in at $164.1 million (Q1 2026), $164.7 million (Q4 2025), and $98.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 Viking Therapeutics 3.50 Bn 3.50 Bn - 164.13 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 164.13 Mn
Dec 31, 2025 164.74 Mn
Sep 30, 2025 98.56 Mn
Jun 30, 2025 74.57 Mn
Mar 31, 2025 55.47 Mn
Dec 31, 2024 46.24 Mn
Sep 30, 2024 36.56 Mn
Jun 30, 2024 34.05 Mn
Mar 31, 2024 34.07 Mn
Dec 31, 2023 29.29 Mn
Sep 30, 2023 27.27 Mn
Jun 30, 2023 23.74 Mn
Mar 31, 2023 20.54 Mn
Dec 31, 2022 20.28 Mn
Sep 30, 2022 16.20 Mn
Jun 30, 2022 17.63 Mn
Mar 31, 2022 16.25 Mn
Dec 31, 2021 12.51 Mn
Sep 30, 2021 13.40 Mn
Jun 30, 2021 15.54 Mn