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
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