Zymeworks (ZYME) Operating Expenses (2021 - 2026)
Zymeworks (ZYME) reported Operating Expenses of $49.5 million for Q1 2026, down 6.06% on a YoY basis from $52.7 million in Q1 2025, and up 6.13% sequentially from $46.7 million in Q4 2025.
Zymeworks (ZYME) Operating Expenses (2021 - 2026) Analysis & Trends
Zymeworks (ZYME) has 6 years of Operating Expenses data on file, last reported at $49.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 6.06% year-over-year to $49.5 million; the trailing twelve-month figure through Mar 2026 stood at $195.3 million (down 10.53% YoY), and the FY2025 full-year result was $198.5 million, down 6.98% from the prior year.
- Operating Expenses improved to $49.5 million in Q1 2026, from $46.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $83.1 million in Q4 2022 to a low of $40.3 million in Q4 2023.
- A 5-year average of $56.3 million and a median of $52.7 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 36.86% in 2022 and plunged 51.45% in 2023, its largest moves.
- Tracing ZYME's Operating Expenses over 5 years: stood at $83.1 million in 2022, then sank by 51.45% to $40.3 million in 2023, then jumped by 31.98% to $53.2 million in 2024, then slipped by 12.36% to $46.7 million in 2025, then increased by 6.13% to $49.5 million in 2026.
- Business Quant data shows ZYME's Operating Expenses at $49.5 million in Q1 2026, $46.7 million in Q4 2025, and $49.7 million in 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 | Zymeworks | 1.73 Bn | 1.36 Bn | - | 49.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 49.53 Mn |
| Dec 31, 2025 | 46.67 Mn |
| Sep 30, 2025 | 49.72 Mn |
| Jun 30, 2025 | 49.40 Mn |
| Mar 31, 2025 | 52.72 Mn |
| Dec 31, 2024 | 53.25 Mn |
| Sep 30, 2024 | 50.21 Mn |
| Jun 30, 2024 | 62.13 Mn |
| Mar 31, 2024 | 47.83 Mn |
| Dec 31, 2023 | 40.35 Mn |
| Sep 30, 2023 | 49.74 Mn |
| Jun 30, 2023 | 61.12 Mn |
| Mar 31, 2023 | 62.86 Mn |
| Dec 31, 2022 | 83.10 Mn |
| Sep 30, 2022 | 52.99 Mn |
| Jun 30, 2022 | 71.27 Mn |
| Mar 31, 2022 | 74.60 Mn |
| Dec 31, 2021 | 60.72 Mn |
| Sep 30, 2021 | 65.36 Mn |