X4 Pharmaceuticals (XFOR) Accumulated Expenses (2017 - 2025)

X4 Pharmaceuticals posted quarterly Accumulated Expenses of $18.6 million for Q4 2025, down 19.13% year-on-year from $23.0 million in Q4 2024, and up 11.66% on a QoQ basis from $16.7 million in Q3 2025.

X4 Pharmaceuticals (XFOR) has 9 years of Accumulated Expenses data on file, last reported at $18.6 million in Q4 2025.

  • For the quarter ending Q4 2025, Accumulated Expenses fell 19.13% year-over-year to $18.6 million; the trailing twelve-month figure through Dec 2025 stood at $18.6 million (down 19.13% YoY), and the FY2025 full-year result was $18.6 million, down 19.13% from the prior year.
  • Accumulated Expenses for Q4 2025 stood at $18.6 million, up from $16.7 million in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $23.0 million in Q4 2024 and bottomed at $6.9 million in Q1 2022.
  • The 5-year median for Accumulated Expenses is $12.7 million (2023), against an average of $13.3 million.
  • The widest annual swing landed in 2021, when Accumulated Expenses soared 85.03%; it then sank 35.76% in 2022.
  • A 5-year view of Accumulated Expenses shows it stood at $7.9 million in 2021, then surged by 52.91% to $12.0 million in 2022, then rose by 6.5% to $12.8 million in 2023, then soared by 79.5% to $23.0 million in 2024, then fell by 19.13% to $18.6 million in 2025.
  • The last three Accumulated Expenses figures came in at $18.6 million (Q4 2025), $16.7 million (Q3 2025), and $13.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Quantum Biopharma 1,216,509.61 Bn 1,216,509.61 Bn -
2 Alterity Therapeutics 764,224.41 Bn 764,224.38 Bn -
3 Legend Biotech 2,716.00 Bn 2,715.71 Bn 242.10 Mn
4 Nanobiotix 2,248.83 Bn 2,248.77 Bn -
5 Akari Therapeutics 1,951.18 Bn 1,951.17 Bn -
6 Vertex Pharmaceuticals 113.69 Bn 106.44 Bn 2.59 Bn
7 Evaxion A 64.16 Bn 64.14 Bn -
8 Regeneron Pharmaceuticals 63.94 Bn 55.18 Bn 3.31 Bn
9 Alnylam Pharmaceuticals 40.13 Bn 37.12 Bn 959.66 Mn
10 X4 Pharmaceuticals 182.28 Mn 182.28 Mn 2.20 Mn

Historic Data

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DateValue
Dec 31, 2025 18.60 Mn
Sep 30, 2025 16.66 Mn
Jun 30, 2025 13.07 Mn
Mar 31, 2025 12.61 Mn
Dec 31, 2024 23.01 Mn
Sep 30, 2024 19.46 Mn
Jun 30, 2024 19.74 Mn
Mar 31, 2024 13.47 Mn
Dec 31, 2023 12.82 Mn
Sep 30, 2023 16.18 Mn
Jun 30, 2023 15.23 Mn
Mar 31, 2023 11.76 Mn
Dec 31, 2022 12.03 Mn
Sep 30, 2022 9.13 Mn
Jun 30, 2022 8.58 Mn
Mar 31, 2022 6.88 Mn
Dec 31, 2021 7.87 Mn
Sep 30, 2021 9.07 Mn
Jun 30, 2021 9.61 Mn
Mar 31, 2021 10.71 Mn
Dec 31, 2020 8.02 Mn
Sep 30, 2020 8.53 Mn
Jun 30, 2020 8.00 Mn
Mar 31, 2020 5.79 Mn
Dec 31, 2019 6.46 Mn
Sep 30, 2019 5.70 Mn
Jun 30, 2019 5.09 Mn
Mar 31, 2019 4.18 Mn
Dec 31, 2018 3.25 Mn
Sep 30, 2018 1.48 Mn
Jun 30, 2018 1.54 Mn
Mar 31, 2018 5.14 Mn
Dec 31, 2017 2.45 Mn