Northwest Biotherapeutics annual operating expenses
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Northwest Biotherapeutics Operating Expenses Growth & History (NWBO)
Northwest Biotherapeutics's operating expenses was $61.3M for fiscal 2025.
View full Northwest Biotherapeutics company overviewNorthwest Biotherapeutics annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $61.3M | −$6.6M | −9.72% |
| 2024 | 2024-12-31 | $67.9M | $10.4M | +18.19% |
| 2023 | 2023-12-31 | $57.4M | −$11.4M | −16.59% |
| 2022 | 2022-12-31 | $68.9M | $15.2M | +28.22% |
| 2021 | 2021-12-31 | $53.7M | −$34.2M | −38.90% |
| 2020 | 2020-12-31 | $87.9M | $57.5M | +189.24% |
| 2019 | 2019-12-31 | $30.4M | −$14.8M | −32.72% |
| 2018 | 2018-12-31 | $45.2M | −$9.8M | −17.90% |
| 2017 | 2017-12-31 | $55.0M | −$24.9M | −31.14% |
| 2016 | 2016-12-31 | $79.9M | −$48.1M | −37.60% |
| 2015 | 2015-12-31 | $128.0M | $25.4M | +24.78% |
| 2014 | 2014-12-31 | $102.6M | $46.3M | +82.29% |
| 2013 | 2013-12-31 | $56.3M | $11.7M | +26.20% |
| 2012 | 2012-12-31 | $44.6M | $17.8M | +66.43% |
| 2011 | 2011-12-31 | $26.8M | $11.4M | +74.41% |
| 2010 | 2010-12-31 | $15.4M | — | — |
Northwest Biotherapeutics quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $12.4M | −$2.5M | −16.75% |
| Q1 2026 | 2026-03-31 | $11.4M | −$6.3M | −35.58% |
| Q4 2025 | 2025-12-31 | $14.2M | −$4.6M | −24.31% |
| Q3 2025 | 2025-09-30 | $14.5M | −$638,000 | −4.21% |
| Q2 2025 | 2025-06-30 | $14.9M | −$3.1M | −17.05% |
| Q1 2025 | 2025-03-31 | $17.7M | $1.7M | +10.34% |
| Q4 2024 | 2024-12-31 | $18.7M | $3.1M | +20.16% |
| Q3 2024 | 2024-09-30 | $15.2M | $927,000 | +6.51% |
| Q2 2024 | 2024-06-30 | $18.0M | $4.2M | +30.45% |
| Q1 2024 | 2024-03-31 | $16.0M | $2.2M | +15.78% |
| Q4 2023 | 2023-12-31 | $15.6M | −$3.2M | −16.98% |
| Q3 2023 | 2023-09-30 | $14.2M | −$1.6M | −10.07% |
| Q2 2023 | 2023-06-30 | $13.8M | −$7.8M | −36.14% |
| Q1 2023 | 2023-03-31 | $13.8M | $1.2M | +9.10% |
| Q4 2022 | 2022-12-31 | $18.8M | $8.1M | +75.86% |
| Q3 2022 | 2022-09-30 | $15.8M | $5.4M | +52.17% |
| Q2 2022 | 2022-06-30 | $21.6M | $8.8M | +68.26% |
| Q1 2022 | 2022-03-31 | $12.7M | −$7.1M | −35.94% |
| Q4 2021 | 2021-12-31 | $10.7M | −$13.2M | −55.26% |
| Q3 2021 | 2021-09-30 | $10.4M | −$37.7M | −78.38% |
| Q2 2021 | 2021-06-30 | $12.8M | $5.3M | +70.11% |
| Q1 2021 | 2021-03-31 | $19.8M | $11.4M | +135.74% |
| Q4 2020 | 2020-12-31 | $23.9M | $16.0M | +202.51% |
| Q3 2020 | 2020-09-30 | $48.1M | $40.9M | +570.01% |
| Q2 2020 | 2020-06-30 | $7.5M | $320,000 | +4.43% |
| Q1 2020 | 2020-03-31 | $8.4M | $298,000 | +3.68% |
| Q4 2019 | 2019-12-31 | $7.9M | $2.1M | +35.60% |
| Q3 2019 | 2019-09-30 | $7.2M | −$2.6M | −26.55% |
| Q2 2019 | 2019-06-30 | $7.2M | −$13.4M | −65.02% |
| Q1 2019 | 2019-03-31 | $8.1M | −$843,000 | −9.42% |
| Q4 2018 | 2018-12-31 | $5.8M | −$12.2M | −67.70% |
| Q3 2018 | 2018-09-30 | $9.8M | −$4.5M | −31.57% |
| Q2 2018 | 2018-06-30 | $20.6M | $9.9M | +91.87% |
| Q1 2018 | 2018-03-31 | $8.9M | −$3.0M | −25.26% |
| Q4 2017 | 2017-12-31 | $18.0M | −$3.3M | −15.53% |
| Q3 2017 | 2017-09-30 | $14.3M | −$11.4M | −44.38% |
| Q2 2017 | 2017-06-30 | $10.8M | −$4.4M | −29.16% |
| Q1 2017 | 2017-03-31 | $12.0M | −$5.7M | −32.42% |
| Q4 2016 | 2016-12-31 | $21.3M | −$30.9M | −59.20% |
| Q3 2016 | 2016-09-30 | $25.7M | $12.2M | +90.13% |
| Q2 2016 | 2016-06-30 | $15.2M | −$24.1M | −61.32% |
| Q1 2016 | 2016-03-31 | $17.7M | −$5.3M | −23.06% |
| Q4 2015 | 2015-12-31 | $52.2M | $26.0M | +98.68% |
| Q3 2015 | 2015-09-30 | $13.5M | −$13.7M | −50.33% |
| Q2 2015 | 2015-06-30 | $39.2M | $13.8M | +54.34% |
| Q1 2015 | 2015-03-31 | $23.0M | −$657,000 | −2.77% |
| Q4 2014 | 2014-12-31 | $26.3M | $11.6M | +79.26% |
| Q3 2014 | 2014-09-30 | $27.2M | $11.3M | +71.48% |
| Q2 2014 | 2014-06-30 | $25.4M | $13.8M | +117.77% |
| Q1 2014 | 2014-03-31 | $23.7M | $9.6M | +68.18% |
| Q4 2013 | 2013-12-31 | $14.7M | −$1.2M | −7.75% |
| Q3 2013 | 2013-09-30 | $15.9M | $2.0M | +14.38% |
| Q2 2013 | 2013-06-30 | $11.7M | $2.6M | +28.77% |
| Q1 2013 | 2013-03-31 | $14.1M | $8.3M | +144.25% |
| Q4 2012 | 2012-12-31 | $15.9M | $11.3M | +242.59% |
| Q3 2012 | 2012-09-30 | $13.9M | $7.5M | +117.58% |
| Q2 2012 | 2012-06-30 | $9.1M | $39,000 | +0.43% |
| Q1 2012 | 2012-03-31 | $5.8M | −$991,000 | −14.67% |
| Q4 2011 | 2011-12-31 | $4.6M | — | — |
| Q3 2011 | 2011-09-30 | $6.4M | $3.4M | +110.96% |
| Q2 2011 | 2011-06-30 | $9.0M | $5.9M | +190.66% |
| Q1 2011 | 2011-03-31 | $6.8M | — | — |
| Q3 2010 | 2010-09-30 | $3.0M | — | — |
| Q2 2010 | 2010-06-30 | $3.1M | — | — |
Northwest Biotherapeutics operating expenses trends
Over the last five fiscal years, Northwest Biotherapeutics's operating expenses decreased from $87.9M to $61.3M, a change of −$26.6M. The latest reported quarter, Q2 2026, shows $12.4M.
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 Northwest Biotherapeutics source filings ↗