Xenon Pharmaceuticals (XENE) Operating Expenses (2013 - 2026)
Xenon Pharmaceuticals' (XENE) quarterly Operating Expenses came in at $112.3 million in Q1 2026, up 28555.1% year-on-year from N/an in Q1 2025, and up 141.43% on a QoQ basis from -$271.1 million in Q4 2025.
Xenon Pharmaceuticals (XENE) Operating Expenses (2013 - 2026) Analysis & Trends
Xenon Pharmaceuticals (XENE) has 14 years of Operating Expenses data on file, last reported at $112.3 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 28555.1% year-over-year to $112.3 million in Q1 2026; TTM through Mar 2026 was -$64.8 million, a 68.45% increase from a year earlier, with the FY2025 full-year figure at -$332000.0, up 89.02% from the prior year.
- Operating Expenses for Q1 2026 stood at $112.3 million, up from -$271.1 million in the prior quarter.
- Over the last five years, Operating Expenses for XENE reached as high as $112.3 million in Q1 2026 and fell as low as -$271.1 million in Q4 2025.
- Historically, Operating Expenses has averaged $8.3 million across 5 years, with a median of $38.3 million in 2022.
- Across the five-year window, Operating Expenses sank 577.55% in 2025 and surged 28555.1% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $43.3 million in 2022, then advanced by 23.92% to $53.7 million in 2023, then plunged by 481.5% to -$204.8 million in 2024, then slumped by 32.36% to -$271.1 million in 2025, then soared by 141.43% to $112.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $112.3 million in Q1 2026, -$271.1 million in Q4 2025, and $96.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 1.10 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.78 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 2.89 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 445.22 Mn |
| 10 | Xenon Pharmaceuticals | 5.71 Bn | 5.71 Bn | - | 112.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 112.33 Mn |
| Dec 31, 2025 | -271.14 Mn |
| Sep 30, 2025 | 96.34 Mn |
| Jun 30, 2025 | -2.32 Mn |
| Mar 31, 2025 | 392,000.00 |
| Dec 31, 2024 | -204.85 Mn |
| Sep 30, 2024 | -557,000.00 |
| Jun 30, 2024 | -343,000.00 |
| Mar 31, 2024 | 59.04 Mn |
| Dec 31, 2023 | 53.70 Mn |
| Sep 30, 2023 | 55.68 Mn |
| Jun 30, 2023 | 55.62 Mn |
| Mar 31, 2023 | 49.05 Mn |
| Dec 31, 2022 | 43.33 Mn |
| Sep 30, 2022 | 38.26 Mn |
| Jun 30, 2022 | 30.85 Mn |
| Mar 31, 2022 | 26.14 Mn |
| Dec 31, 2021 | 28.58 Mn |
| Sep 30, 2021 | 23.72 Mn |
| Jun 30, 2021 | 24.72 Mn |