AN2 Therapeutics Operating Expenses Growth & History (ANTX)

AN2 Therapeutics's operating expenses was $38.1M for fiscal 2025.

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AN2 Therapeutics annual operating expenses history

AN2 Therapeutics annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20252025-12-31$38.1M−$18.7M−32.89%
20242024-12-31$56.8M−$12.8M−18.45%
20232023-12-31$69.6M$27.4M+64.77%
20222022-12-31$42.3M$20.7M+95.89%
20212021-12-31$21.6M

AN2 Therapeutics operating expenses trends

Between the periods ended 2021-12-31 and 2025-12-31, AN2 Therapeutics's operating expenses increased from $21.6M to $38.1M, a change of $16.5M. The latest reported quarter, Q2 2026, shows $8.9M.

About the metric

What operating expenses mean

Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.

Calculation and source

SEC-reported and calculated operating expenses

TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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