Vor Biopharma (VOR) Operating Expenses (2020 - 2026)

Vor Biopharma (VOR) reported Operating Expenses of $35.2 million for Q1 2026, up 5.61% year-over-year from $33.3 million in Q1 2025, and down 2.22% quarter-over-quarter from $36.0 million in Q4 2025.

Vor Biopharma (VOR) Operating Expenses (2020 - 2026) Analysis & Trends

Vor Biopharma (VOR) has 7 years of Operating Expenses data on file, last reported at $35.2 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $35.2 million, up 5.61% year-over-year; the trailing twelve-month figure through Mar 2026 was $373.5 million (up 205.78% YoY), and the FY2025 annual result was $371.6 million, up 206.67% from the prior year.
  • Operating Expenses slipped to $35.2 million in Q1 2026 per VOR's latest filing, from $36.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $274.3 million in Q2 2025 and troughed at $21.8 million in Q2 2022.
  • A 5-year average of $44.0 million and a median of $30.4 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses retreated 19.26% in 2024, then jumped 844.67% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $24.7 million in 2022, then climbed by 13.75% to $28.1 million in 2023, then advanced by 11.33% to $31.3 million in 2024, then advanced by 14.85% to $36.0 million in 2025, then retreated by 2.22% to $35.2 million in 2026.
  • Business Quant data shows VOR's Operating Expenses at $35.2 million in Q1 2026, $36.0 million in Q4 2025, and $28.1 million in Q3 2025.

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 Vor Biopharma 627.54 Mn 627.54 Mn - 35.16 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 35.16 Mn
Dec 31, 2025 35.96 Mn
Sep 30, 2025 28.11 Mn
Jun 30, 2025 274.28 Mn
Mar 31, 2025 33.29 Mn
Dec 31, 2024 31.31 Mn
Sep 30, 2024 28.51 Mn
Jun 30, 2024 29.04 Mn
Mar 31, 2024 32.33 Mn
Dec 31, 2023 28.12 Mn
Sep 30, 2023 35.32 Mn
Jun 30, 2023 32.17 Mn
Mar 31, 2023 30.42 Mn
Dec 31, 2022 24.73 Mn
Sep 30, 2022 24.10 Mn
Jun 30, 2022 21.79 Mn
Mar 31, 2022 22.80 Mn
Dec 31, 2021 18.31 Mn
Sep 30, 2021 18.60 Mn
Jun 30, 2021 18.38 Mn