Kodiak Sciences Operating Expenses Growth & History (KOD)
Kodiak Sciences's operating expenses was $234.4M for fiscal 2025.
View full Kodiak Sciences company overviewKodiak Sciences annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $234.4M | $47.5M | +25.44% |
| 2024 | 2024-12-31 | $186.8M | −$90.5M | −32.62% |
| 2023 | 2023-12-31 | $277.3M | −$64.1M | −18.76% |
| 2022 | 2022-12-31 | $341.4M | $74.3M | +27.83% |
| 2021 | 2021-12-31 | $267.1M | $131.0M | +96.35% |
| 2020 | 2020-12-31 | $136.0M | $86.8M | +176.49% |
| 2019 | 2019-12-31 | $49.2M | $22.8M | +86.51% |
| 2018 | 2018-12-31 | $26.4M | $853,000 | +3.34% |
| 2017 | 2017-12-31 | $25.5M | $8.4M | +48.80% |
| 2016 | 2016-12-31 | $17.2M | — | — |
Kodiak Sciences quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $66.8M | $11.3M | +20.41% |
| Q1 2026 | 2026-03-31 | $59.8M | $704,000 | +1.19% |
| Q4 2025 | 2025-12-31 | $57.5M | $11.3M | +24.41% |
| Q3 2025 | 2025-09-30 | $62.4M | $15.7M | +33.71% |
| Q2 2025 | 2025-06-30 | $55.5M | $7.5M | +15.69% |
| Q1 2025 | 2025-03-31 | $59.1M | $13.0M | +28.27% |
| Q4 2024 | 2024-12-31 | $46.2M | −$17.2M | −27.13% |
| Q3 2024 | 2024-09-30 | $46.6M | −$7.9M | −14.44% |
| Q2 2024 | 2024-06-30 | $48.0M | −$36.8M | −43.44% |
| Q1 2024 | 2024-03-31 | $46.1M | −$28.6M | −38.28% |
| Q4 2023 | 2023-12-31 | $63.4M | −$10.7M | −14.44% |
| Q3 2023 | 2023-09-30 | $54.5M | −$25.0M | −31.43% |
| Q2 2023 | 2023-06-30 | $84.8M | −$7.2M | −7.86% |
| Q1 2023 | 2023-03-31 | $74.6M | −$21.2M | −22.09% |
| Q4 2022 | 2022-12-31 | $74.1M | −$19.0M | −20.40% |
| Q3 2022 | 2022-09-30 | $79.5M | $11.9M | +17.68% |
| Q2 2022 | 2022-06-30 | $92.1M | $36.2M | +64.67% |
| Q1 2022 | 2022-03-31 | $95.8M | $45.2M | +89.42% |
| Q4 2021 | 2021-12-31 | $93.0M | $46.2M | +98.64% |
| Q3 2021 | 2021-09-30 | $67.5M | $30.9M | +84.20% |
| Q2 2021 | 2021-06-30 | $55.9M | $29.1M | +108.78% |
| Q1 2021 | 2021-03-31 | $50.6M | $24.8M | +96.55% |
| Q4 2020 | 2020-12-31 | $46.8M | $30.7M | +189.43% |
| Q3 2020 | 2020-09-30 | $36.7M | $23.9M | +187.96% |
| Q2 2020 | 2020-06-30 | $26.8M | $15.0M | +126.67% |
| Q1 2020 | 2020-03-31 | $25.7M | $17.3M | +204.05% |
| Q4 2019 | 2019-12-31 | $16.2M | $6.8M | +72.96% |
| Q3 2019 | 2019-09-30 | $12.7M | $6.4M | +99.56% |
| Q2 2019 | 2019-06-30 | $11.8M | $6.7M | +132.10% |
| Q1 2019 | 2019-03-31 | $8.5M | $2.9M | +52.51% |
| Q4 2018 | 2018-12-31 | $9.4M | — | — |
| Q3 2018 | 2018-09-30 | $6.4M | $2.4M | +60.34% |
| Q2 2018 | 2018-06-30 | $5.1M | — | — |
| Q1 2018 | 2018-03-31 | $5.5M | — | — |
| Q3 2017 | 2017-09-30 | $4.0M | — | — |
Kodiak Sciences operating expenses trends
Over the last five fiscal years, Kodiak Sciences's operating expenses increased from $136.0M to $234.4M, a change of $98.4M. The latest reported quarter, Q2 2026, shows $66.8M.
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.
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 Kodiak Sciences source filings ↗