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
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