GH Research annual operating expenses
2019
2020
2021
2022
2023
2024
2025
GH Research Operating Expenses Growth & History (GHRS)
GH Research's operating expenses was $60.7M for fiscal 2025.
View full GH Research company overviewGH Research annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $60.7M | $10.4M | +20.68% |
| 2024 | 2024-12-31 | $50.3M | $9.1M | +22.05% |
| 2023 | 2023-12-31 | $41.2M | $10.7M | +34.92% |
| 2022 | 2022-12-31 | $30.6M | $15.5M | +102.34% |
| 2021 | 2021-12-31 | $15.1M | $14.7M | +3285.65% |
| 2020 | 2020-12-31 | $446,000 | $136,000 | +43.87% |
| 2019 | 2019-12-31 | $310,000 | — | — |
GH Research quarterly operating expenses
Q2.22
Q3.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $19.4M | $4.7M | +32.26% |
| Q1 2026 | 2026-03-31 | $18.7M | $6.0M | +47.25% |
| Q4 2025 | 2025-12-31 | $16.7M | $3.8M | +29.15% |
| Q3 2025 | 2025-09-30 | $16.6M | $3.9M | +31.25% |
| Q2 2025 | 2025-06-30 | $14.7M | $1.5M | +11.23% |
| Q1 2025 | 2025-03-31 | $12.7M | $1.2M | +10.44% |
| Q4 2024 | 2024-12-31 | $12.9M | $1.8M | +16.00% |
| Q3 2024 | 2024-09-30 | $12.6M | $2.9M | +29.86% |
| Q2 2024 | 2024-06-30 | $13.2M | $3.3M | +33.19% |
| Q1 2024 | 2024-03-31 | $11.5M | $1.1M | +10.64% |
| Q4 2023 | 2023-12-31 | $11.2M | — | — |
| Q3 2023 | 2023-09-30 | $9.7M | $3.1M | +46.68% |
| Q2 2023 | 2023-06-30 | $9.9M | $3.2M | +47.04% |
| Q1 2023 | 2023-03-31 | $10.4M | — | — |
| Q3 2022 | 2022-09-30 | $6.6M | — | — |
| Q2 2022 | 2022-06-30 | $6.8M | — | — |
GH Research operating expenses trends
Over the last five fiscal years, GH Research's operating expenses increased from $446,000 to $60.7M, a change of $60.3M. The latest reported quarter, Q2 2026, shows $19.4M.
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.
Review GH Research source filings ↗