vTv Therapeutics (VTVT) Operating Expenses (2014 - 2026)
vTv Therapeutics' Operating Expenses came in at $13.93 million for Q2 2026, up 80.4% from $7.72 million a year earlier and up 2.6% from the prior quarter.
vTv Therapeutics (VTVT) Operating Expenses (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, vTv Therapeutics reported Operating Expenses of $46.09 million, up 79.8% year-over-year; for FY2025, it came in at $32.81 million, up 30.2% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 12.4% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $25.2 million in FY2024 (-1.2%), $25.5 million in FY2023 (+3.8%), $24.56 million in FY2022 (-4.3%) and $25.67 million in FY2021 (+40.5%).
- The Q2 2026 figure represents the highest quarterly Operating Expenses since Q2 2016.
- Year-over-year, Operating Expenses has increased for five consecutive quarters, with growth averaging 43.2% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2021 (growth of 143.3%), and the weakest in Q4 2022 (a decline of 42.9%).
- Business Quant data shows VTVT's Operating Expenses at $13.58 million (Q1 2026), $7.89 million (Q4 2025) and $10.7 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn | 7.95 Bn |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn | 10.12 Bn |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn | 10.56 Bn |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn | 12.80 Bn |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn | 6.09 Bn |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn | 9.70 Bn |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn | 6.54 Bn |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn | 18.20 Bn |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn | 6.68 Bn |
| 10 | vTv Therapeutics | 341.81 Mn | -30.36 Mn | - | 13.93 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.93 Mn |
| Mar 31, 2026 | 13.58 Mn |
| Dec 31, 2025 | 7.89 Mn |
| Sep 30, 2025 | 10.70 Mn |
| Jun 30, 2025 | 7.72 Mn |
| Mar 31, 2025 | 6.50 Mn |
| Dec 31, 2024 | 4.91 Mn |
| Sep 30, 2024 | 6.51 Mn |
| Jun 30, 2024 | 7.16 Mn |
| Mar 31, 2024 | 6.63 Mn |
| Dec 31, 2023 | 4.71 Mn |
| Sep 30, 2023 | 5.37 Mn |
| Jun 30, 2023 | 8.00 Mn |
| Mar 31, 2023 | 7.43 Mn |
| Dec 31, 2022 | 6.35 Mn |
| Sep 30, 2022 | 5.69 Mn |
| Jun 30, 2022 | 4.04 Mn |
| Mar 31, 2022 | 8.48 Mn |
| Dec 31, 2021 | 11.12 Mn |
| Sep 30, 2021 | 4.60 Mn |
vTv Therapeutics Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=VTVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "VTVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=VTVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();