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

Zentalis Pharmaceuticals' (ZNTL) quarterly Operating Expenses came in at $37.9 million in Q1 2026, down 17.03% year-on-year from $45.6 million in Q1 2025, and up 1.24% quarter-over-quarter from $37.4 million in Q4 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.

  • On a quarterly basis, Operating Expenses fell 17.03% year-over-year to $37.9 million in Q1 2026; TTM through Mar 2026 was $145.0 million, a 39.29% decrease from a year earlier, with the FY2025 full-year figure at $152.8 million, down 40.91% from the prior year.
  • Operating Expenses rose to $37.9 million in Q1 2026 per ZNTL's latest filing, from $37.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $103.9 million in Q2 2023 and bottomed at $33.7 million in Q3 2025.
  • The 5-year median for Operating Expenses is $57.9 million (2022), against an average of $57.4 million.
  • Across the five-year window, Operating Expenses soared 63.75% in 2023 and plunged 51.26% in 2025, its largest moves.
  • Year by year, Operating Expenses 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 plunged by 51.26% to $37.4 million in 2025, then increased by 1.24% to $37.9 million in 2026.
  • Per Business Quant, the three latest ZNTL Operating Expenses figures stand at $37.9 million (Q1 2026), $37.4 million (Q4 2025), and $33.7 million (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 Zentalis Pharmaceuticals 312.67 Mn 312.67 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