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| Date | Value |
|---|---|
| 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 |