Voyager Therapeutics (VYGR) Operating Expenses (2014 - 2026)

Voyager Therapeutics (VYGR) reported Operating Expenses of $32.9 million for Q1 2026, down 20.17% on a YoY basis from $41.2 million in Q1 2025, and down 27.4% sequentially from $45.3 million in Q4 2025.

Voyager Therapeutics (VYGR) Operating Expenses (2014 - 2026) Analysis & Trends

Voyager Therapeutics (VYGR) has 13 years of Operating Expenses data on file, last reported at $32.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 20.17% year-over-year to $32.9 million; the trailing twelve-month figure through Mar 2026 stood at $163.9 million (down 2.87% YoY), and the FY2025 full-year result was $172.2 million, up 5.47% from the prior year.
  • Operating Expenses fell to $32.9 million in Q1 2026, from $45.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $45.3 million in Q4 2025 to a low of $20.1 million in Q2 2022.
  • A 5-year average of $34.6 million and a median of $35.7 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses slumped 32.94% in 2022 and surged 56.42% in 2023, its largest moves.
  • Tracing VYGR's Operating Expenses over 5 years: stood at $23.0 million in 2022, then surged by 56.42% to $36.0 million in 2023, then grew by 23.83% to $44.6 million in 2024, then gained by 1.55% to $45.3 million in 2025, then dropped by 27.4% to $32.9 million in 2026.
  • Business Quant data shows VYGR's Operating Expenses at $32.9 million in Q1 2026, $45.3 million in Q4 2025, and $44.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -28.01 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 1.10 Bn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -919.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 445.22 Mn
10 Voyager Therapeutics 184.74 Mn 43.26 Mn - 32.86 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 32.86 Mn
Dec 31, 2025 45.27 Mn
Sep 30, 2025 43.96 Mn
Jun 30, 2025 41.83 Mn
Mar 31, 2025 41.17 Mn
Dec 31, 2024 44.58 Mn
Sep 30, 2024 38.41 Mn
Jun 30, 2024 44.60 Mn
Mar 31, 2024 35.70 Mn
Dec 31, 2023 36.00 Mn
Sep 30, 2023 34.12 Mn
Jun 30, 2023 30.28 Mn
Mar 31, 2023 27.60 Mn
Dec 31, 2022 23.01 Mn
Sep 30, 2022 26.64 Mn
Jun 30, 2022 20.08 Mn
Mar 31, 2022 22.01 Mn
Dec 31, 2021 22.37 Mn
Sep 30, 2021 26.63 Mn
Jun 30, 2021 29.94 Mn