Voyager Therapeutics (VYGR) Operating Expenses (2014 - 2026)
Voyager Therapeutics' (VYGR) quarterly Operating Expenses came in at $32.9 million in Q1 2026, down 20.17% year-on-year from $41.2 million in Q1 2025, and down 27.4% quarter-over-quarter from $45.3 million in Q4 2025.
Voyager Therapeutics (VYGR) Operating Expenses (2014 - 2026) Analysis & Trends
Voyager Therapeutics has disclosed Operating Expenses across 13 years of filings, most recently posting $32.9 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $32.9 million, down 20.17% year-over-year; the trailing twelve-month figure through Mar 2026 was $163.9 million (down 2.87% YoY), and the FY2025 annual result was $172.2 million, up 5.47% from the prior year.
- Operating Expenses came in at $32.9 million for Q1 2026 at Voyager Therapeutics, down 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.
- The 5-year median for Operating Expenses is $35.7 million (2024), against an average of $34.6 million.
- Across the five-year window, Operating Expenses plunged 32.94% in 2022 and surged 56.42% in 2023, its largest moves.
- Voyager Therapeutics' Operating Expenses stood at $23.0 million in 2022, then soared by 56.42% to $36.0 million in 2023, then increased by 23.83% to $44.6 million in 2024, then advanced by 1.55% to $45.3 million in 2025, then declined by 27.4% to $32.9 million in 2026.
- The last three Operating Expenses figures came in at $32.9 million (Q1 2026), $45.3 million (Q4 2025), and $44.0 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 | Voyager Therapeutics | 222.52 Mn | 81.04 Mn | - | 32.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |