Xeris Biopharma Holdings (XERS) Operating Expenses (2020 - 2026)
Xeris Biopharma Holdings' (XERS) quarterly Operating Expenses came in at $86.9 million in Q2 2026, up 29.63% on a YoY basis from $67.1 million in Q2 2025, and up 15.58% quarter-over-quarter from $75.2 million in Q1 2026.
Analysis
Xeris Biopharma Holdings (XERS) Operating Expenses (2020 - 2026) Analysis & Trends
Xeris Biopharma Holdings (XERS) has reported Operating Expenses for 7 consecutive years, with $86.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 29.63% year-over-year to $86.9 million; the trailing twelve-month figure through Jun 2026 stood at $298.8 million (up 16.8% YoY), and the FY2025 full-year result was $266.9 million, up 12.77% from the prior year.
- Operating Expenses grew to $86.9 million in Q2 2026 per XERS's latest filing, from $75.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $86.9 million in Q2 2026 and bottomed at $44.2 million in Q2 2022.
- Historically, Operating Expenses has averaged $59.2 million across 5 years, with a median of $55.6 million in 2024.
- The widest YoY moves for Operating Expenses: up 105.12% in 2022, down 30.68% in 2022.
- Over 5 years, Operating Expenses stood at $48.3 million in 2022, then climbed by 12.25% to $54.2 million in 2023, then gained by 7.72% to $58.4 million in 2024, then climbed by 18.17% to $69.0 million in 2025, then advanced by 25.92% to $86.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $86.9 million, $75.2 million, and $69.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 646.53 Bn | 625.77 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 442.27 Bn | 435.70 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 366.81 Bn | 359.67 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 266.82 Bn | 259.13 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Pfizer | 159.37 Bn | 147.67 Bn | 10.94 Bn | 6.68 Bn |
| 6 | Sanofi | 52.46 Bn | 45.08 Bn | 10.79 Bn | -5.98 Bn |
| 7 | Revolution Medicines | 44.12 Bn | 44.12 Bn | - | 505.13 Mn |
| 8 | Incyte | 25.49 Bn | 20.95 Bn | 1.57 Bn | 976.14 Mn |
| 9 | United Therapeutics | 21.55 Bn | 18.89 Bn | 683.80 Mn | 452.50 Mn |
| 10 | Xeris Biopharma Holdings | 1.37 Bn | 1.25 Bn | 79.59 Mn | 86.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 86.93 Mn |
| Mar 31, 2026 | 75.21 Mn |
| Dec 31, 2025 | 69.03 Mn |
| Sep 30, 2025 | 67.65 Mn |
| Jun 30, 2025 | 67.06 Mn |
| Mar 31, 2025 | 63.21 Mn |
| Dec 31, 2024 | 58.42 Mn |
| Sep 30, 2024 | 67.16 Mn |
| Jun 30, 2024 | 56.25 Mn |
| Mar 31, 2024 | 54.88 Mn |
| Dec 31, 2023 | 54.23 Mn |
| Sep 30, 2023 | 53.23 Mn |
| Jun 30, 2023 | 53.99 Mn |
| Mar 31, 2023 | 46.47 Mn |
| Dec 31, 2022 | 48.31 Mn |
| Sep 30, 2022 | 48.51 Mn |
| Jun 30, 2022 | 44.22 Mn |
| Mar 31, 2022 | 51.15 Mn |
| Dec 31, 2021 | 69.70 Mn |
| Sep 30, 2021 | 35.42 Mn |