Verastem (VSTM) Operating Expenses (2011 - 2026)
Verastem (VSTM) recorded quarterly Operating Expenses of $63.6 million in Q1 2026, up 7.72% quarter-over-quarter from $59.0 million in Q4 2025, and up 43.9% on a YoY basis from $44.2 million in Q1 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.
- In Q1 2026, Operating Expenses rose 43.9% year-over-year to $63.6 million; the TTM figure through Mar 2026 stood at $220.4 million (up 56.26% YoY), while the FY2025 annual figure was $201.0 million, up 60.89% from the prior year.
- Operating Expenses was $63.6 million for Q1 2026 at Verastem, up from $59.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $63.6 million in Q1 2026 to a low of $16.8 million in Q4 2022.
- Historically, Operating Expenses has averaged $32.8 million across 5 years, with a median of $28.3 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses retreated 5.19% in 2023, then soared 86.8% in 2025.
- A 5-year view of Operating Expenses shows it 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.
- The last three Operating Expenses figures came in at $63.6 million (Q1 2026), $59.0 million (Q4 2025), and $52.0 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 | Verastem | 407.42 Mn | 225.74 Mn | 15.90 Mn | 63.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |