Verastem (VSTM) Operating Expenses (2011 - 2026)

Verastem's (VSTM) quarterly Operating Expenses came in at $63.6 million in Q1 2026, up 43.9% year-on-year from $44.2 million in Q1 2025, and up 7.72% quarter-over-quarter from $59.0 million in Q4 2025.

Verastem (VSTM) Operating Expenses (2011 - 2026) Analysis & Trends

Verastem's Operating Expenses history runs 16 years deep, the most recent figure standing at $63.6 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 43.9% year-over-year to $63.6 million in Q1 2026; TTM through Mar 2026 was $220.4 million, a 56.26% increase from a year earlier, with the FY2025 full-year figure at $201.0 million, up 60.89% from the prior year.
  • Operating Expenses advanced to $63.6 million in Q1 2026 per VSTM's latest filing, from $59.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $63.6 million in Q1 2026 and bottomed at $16.8 million in Q4 2022.
  • The 5-year median for Operating Expenses is $28.3 million (2024), against an average of $32.8 million.
  • Across the five-year window, Operating Expenses slipped 5.19% in 2023 and surged 86.8% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $16.8 million in 2022, then surged by 84.85% to $31.1 million in 2023, then gained by 1.45% to $31.6 million in 2024, then jumped by 86.8% to $59.0 million in 2025, then rose by 7.72% to $63.6 million in 2026.
  • Per Business Quant, the three latest VSTM Operating Expenses figures stand at $63.6 million (Q1 2026), $59.0 million (Q4 2025), and $52.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Verastem 166.09 Mn -31.73 Mn 15.90 Mn 63.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 63.57 Mn
Dec 31, 2025 59.01 Mn
Sep 30, 2025 51.96 Mn
Jun 30, 2025 45.90 Mn
Mar 31, 2025 44.17 Mn
Dec 31, 2024 31.59 Mn
Sep 30, 2024 37.03 Mn
Jun 30, 2024 28.28 Mn
Mar 31, 2024 28.06 Mn
Dec 31, 2023 31.14 Mn
Sep 30, 2023 21.31 Mn
Jun 30, 2023 20.29 Mn
Mar 31, 2023 19.34 Mn
Dec 31, 2022 16.85 Mn
Sep 30, 2022 17.71 Mn
Jun 30, 2022 21.40 Mn
Mar 31, 2022 19.58 Mn
Dec 31, 2021 17.06 Mn
Sep 30, 2021 14.85 Mn
Jun 30, 2021 16.44 Mn