Vanda Pharmaceuticals (VNDA) Operating Expenses (2010 - 2026)
Vanda Pharmaceuticals (VNDA) reported Operating Expenses of $101.9 million for Q1 2026, up 11.94% on a YoY basis from $91.1 million in Q1 2025, and up 4.48% sequentially from $97.6 million in Q4 2025.
Vanda Pharmaceuticals (VNDA) Operating Expenses (2010 - 2026) Analysis & Trends
Vanda Pharmaceuticals (VNDA) has 17 years of Operating Expenses data on file, last reported at $101.9 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 11.94% year-over-year to $101.9 million; the trailing twelve-month figure through Mar 2026 stood at $378.1 million (up 38.11% YoY), and the FY2025 full-year result was $367.3 million, up 53.39% from the prior year.
- Operating Expenses advanced to $101.9 million in Q1 2026, from $97.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $101.9 million in Q1 2026 to a low of $44.8 million in Q3 2023.
- A 5-year average of $68.4 million and a median of $60.9 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses fell 27.03% in 2023 and jumped 60.62% in 2025, its largest moves.
- Tracing VNDA's Operating Expenses over 5 years: stood at $57.9 million in 2022, then retreated by 9.49% to $52.4 million in 2023, then advanced by 21.2% to $63.5 million in 2024, then jumped by 53.74% to $97.6 million in 2025, then gained by 4.48% to $101.9 million in 2026.
- Business Quant data shows VNDA's Operating Expenses at $101.9 million in Q1 2026, $97.6 million in Q4 2025, and $87.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 15.76 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 1.10 Bn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -919.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 445.22 Mn |
| 10 | Vanda Pharmaceuticals | 309.49 Mn | 107.18 Mn | 48.56 Mn | 101.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 101.94 Mn |
| Dec 31, 2025 | 97.57 Mn |
| Sep 30, 2025 | 87.54 Mn |
| Jun 30, 2025 | 91.09 Mn |
| Mar 31, 2025 | 91.07 Mn |
| Dec 31, 2024 | 63.46 Mn |
| Sep 30, 2024 | 58.65 Mn |
| Jun 30, 2024 | 60.62 Mn |
| Mar 31, 2024 | 56.70 Mn |
| Dec 31, 2023 | 52.37 Mn |
| Sep 30, 2023 | 44.81 Mn |
| Jun 30, 2023 | 48.92 Mn |
| Mar 31, 2023 | 60.49 Mn |
| Dec 31, 2022 | 57.85 Mn |
| Sep 30, 2022 | 61.41 Mn |
| Jun 30, 2022 | 60.93 Mn |
| Mar 31, 2022 | 67.86 Mn |
| Dec 31, 2021 | 59.38 Mn |
| Sep 30, 2021 | 59.28 Mn |
| Jun 30, 2021 | 55.53 Mn |