Zentalis Pharmaceuticals (ZNTL) Operating Expenses (2019 - 2026)

Zentalis Pharmaceuticals (ZNTL) recorded quarterly Operating Expenses of $37.9 million in Q1 2026, up 1.24% quarter-over-quarter from $37.4 million in Q4 2025, and down 17.03% on a YoY basis from $45.6 million in Q1 2025.

Zentalis Pharmaceuticals (ZNTL) Operating Expenses (2019 - 2026) Analysis & Trends

Zentalis Pharmaceuticals' Operating Expenses history runs 8 years deep, the most recent figure standing at $37.9 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 17.03% year-over-year to $37.9 million; the TTM figure through Mar 2026 stood at $145.0 million (down 39.29% YoY), while the FY2025 annual figure was $152.8 million, down 40.91% from the prior year.
  • Operating Expenses was $37.9 million for Q1 2026 at Zentalis Pharmaceuticals, up from $37.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $103.9 million in Q2 2023 to a low of $33.7 million in Q3 2025.
  • Historically, Operating Expenses has averaged $57.4 million across 5 years, with a median of $57.9 million in 2022.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses jumped 63.75% in 2023, then plunged 51.26% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $51.8 million in 2022, then jumped by 31.24% to $67.9 million in 2023, then grew by 12.94% to $76.7 million in 2024, then slumped by 51.26% to $37.4 million in 2025, then increased by 1.24% to $37.9 million in 2026.
  • The last three Operating Expenses figures came in at $37.9 million (Q1 2026), $37.4 million (Q4 2025), and $33.7 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 Zentalis Pharmaceuticals 260.33 Mn 260.33 Mn - 37.86 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 37.86 Mn
Dec 31, 2025 37.39 Mn
Sep 30, 2025 33.73 Mn
Jun 30, 2025 36.06 Mn
Mar 31, 2025 45.62 Mn
Dec 31, 2024 76.71 Mn
Sep 30, 2024 51.43 Mn
Jun 30, 2024 65.15 Mn
Mar 31, 2024 65.33 Mn
Dec 31, 2023 67.92 Mn
Sep 30, 2023 62.72 Mn
Jun 30, 2023 103.92 Mn
Mar 31, 2023 64.95 Mn
Dec 31, 2022 51.75 Mn
Sep 30, 2022 54.19 Mn
Jun 30, 2022 63.46 Mn
Mar 31, 2022 57.88 Mn
Dec 31, 2021 48.19 Mn
Sep 30, 2021 62.87 Mn
Jun 30, 2021 55.13 Mn