Verastem (VSTM) Operating Expenses (2011 - 2026)
Verastem (VSTM) posted quarterly Operating Expenses of $63.6 million for Q1 2026, up 43.9% year-over-year from $44.2 million in Q1 2025, and up 7.72% quarter-over-quarter from $59.0 million in Q4 2025.
Analysis
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 for Q1 2026 stood at $63.6 million, up from $59.0 million in the prior quarter.
- The five-year high for Operating Expenses was $63.6 million in Q1 2026, with the low 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.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses fell 5.19% in 2023, then surged 86.8% in 2025.
- Verastem's Operating Expenses stood at $16.8 million in 2022, then jumped by 84.85% to $31.1 million in 2023, then rose by 1.45% to $31.6 million in 2024, then soared by 86.8% to $59.0 million in 2025, then increased by 7.72% to $63.6 million in 2026.
- Business Quant data shows VSTM's Operating Expenses at $63.6 million in Q1 2026, $59.0 million in Q4 2025, and $52.0 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.27 Bn | 131.42 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.55 Bn | 77.56 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 63.45 Bn | 58.27 Bn | 1.37 Bn | -1.05 Bn |
| 4 | Moderna | 57.73 Bn | 52.59 Bn | 52.00 Mn | 960.00 Mn |
| 5 | Revolution Medicines | 44.08 Bn | 44.08 Bn | - | 505.13 Mn |
| 6 | BeOne Medicines | 39.95 Bn | 34.85 Bn | 1.53 Bn | 1.21 Bn |
| 7 | Alnylam Pharmaceuticals | 35.14 Bn | 31.84 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Royalty Pharma | 28.44 Bn | 27.60 Bn | - | 541.02 Mn |
| 9 | Insmed | 27.32 Bn | 26.16 Bn | 358.27 Mn | 427.03 Mn |
| 10 | Verastem | 788.41 Mn | 652.06 Mn | 36.32 Mn | 72.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 72.79 Mn |
| 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 |