Zentalis Pharmaceuticals (ZNTL) Operating Expenses (2019 - 2026)
Zentalis Pharmaceuticals' Operating Expenses came in at $44.39 million for Q2 2026, up 23.1% from $36.06 million a year earlier and up 17.3% from the prior quarter.
Zentalis Pharmaceuticals (ZNTL) Operating Expenses (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Zentalis Pharmaceuticals reported Operating Expenses of $153.37 million, down 26.9% year-over-year; for FY2025, it came in at $152.81 million, down 40.9% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 5.2% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $258.62 million in FY2024 (-13.7%), $299.51 million in FY2023 (+31.8%), $227.29 million in FY2022 (+5.0%) and $216.54 million in FY2021 (+82.3%).
- The Q2 2026 figure represents the highest quarterly Operating Expenses since Q1 2025.
- Year-over-year, Operating Expenses increased in two of the last eight quarters, with an average decline of 19.9%.
- The fastest year-over-year change in Operating Expenses over five years came in Q3 2021 (growth of 80.8%), and the weakest in Q4 2025 (a decline of 51.3%).
- Business Quant data shows ZNTL's Operating Expenses at $37.86 million (Q1 2026), $37.39 million (Q4 2025) and $33.73 million (Q3 2025) in the three quarters before Q2 2026.
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 | Zentalis Pharmaceuticals | 194.22 Mn | 194.22 Mn | - | 44.39 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.39 Mn |
| 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 |
Zentalis Pharmaceuticals 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=ZNTL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ZNTL", "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=ZNTL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();