Xeris Biopharma Holdings (XERS) Operating Expenses (2020 - 2026)
Xeris Biopharma Holdings (XERS) posted Operating Expenses of $86.93 million for Q2 2026, up 29.6% from $67.06 million a year earlier and up 15.6% from the prior quarter.
Xeris Biopharma Holdings (XERS) Operating Expenses (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Xeris Biopharma Holdings was $298.82 million, up 16.8% year-over-year; for FY2025, it came in at $266.95 million, up 12.8% from FY2024.
- Annual Operating Expenses has increased for five consecutive years, with a five-year compound annual growth rate of 20.8% (FY2020 to FY2025).
- In prior years, Xeris Biopharma Holdings' Operating Expenses was $236.72 million in FY2024 (+13.8%), $207.92 million in FY2023 (+8.2%), $192.19 million in FY2022 (+16.7%) and $164.75 million in FY2021 (+58.4%).
- The Q2 2026 figure stands as the highest quarterly Operating Expenses in data going back to Q3 2020.
- On a year-over-year basis, Operating Expenses has increased in each of the last 13 quarters, with growth averaging 17.0% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q4 2021, with growth of 114.9%; the weakest was Q4 2022, with a decline of 30.7%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $75.21 million (Q1 2026), $69.03 million (Q4 2025) and $67.65 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | -9.70 Bn |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 6.54 Bn |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | 18.20 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 6.68 Bn |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | 2.09 Bn |
| 10 | Xeris Biopharma Holdings | 1.73 Bn | 1.30 Bn | 79.59 Mn | 86.93 Mn |
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 |
Xeris Biopharma Holdings Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=XERS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "XERS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=XERS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();