PepGen annual operating expenses
2021
2022
2023
2024
2025
PepGen Operating Expenses Growth & History (PEPG)
PepGen's operating expenses was $93.6M for fiscal 2025.
View full PepGen company overviewPepGen annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $93.6M | −$4.1M | −4.22% |
| 2024 | 2024-12-31 | $97.7M | $13.0M | +15.30% |
| 2023 | 2023-12-31 | $84.8M | $16.5M | +24.11% |
| 2022 | 2022-12-31 | $68.3M | $41.2M | +151.95% |
| 2021 | 2021-12-31 | $27.1M | — | — |
PepGen quarterly operating expenses
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
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 | $18.9M | −$5.0M | −20.86% |
| Q1 2026 | 2026-03-31 | $18.9M | −$12.4M | −39.52% |
| Q4 2025 | 2025-12-31 | $19.7M | −$4.6M | −19.06% |
| Q3 2025 | 2025-09-30 | $18.7M | −$4.5M | −19.49% |
| Q2 2025 | 2025-06-30 | $23.9M | −$6.5M | −21.34% |
| Q1 2025 | 2025-03-31 | $31.3M | $11.5M | +58.20% |
| Q4 2024 | 2024-12-31 | $24.3M | $3.5M | +16.98% |
| Q3 2024 | 2024-09-30 | $23.2M | −$1.6M | −6.49% |
| Q2 2024 | 2024-06-30 | $30.4M | $9.3M | +43.89% |
| Q1 2024 | 2024-03-31 | $19.8M | $1.8M | +9.80% |
| Q4 2023 | 2023-12-31 | $20.8M | $3.6M | +20.90% |
| Q3 2023 | 2023-09-30 | $24.8M | $5.2M | +26.73% |
| Q2 2023 | 2023-06-30 | $21.1M | $3.5M | +19.86% |
| Q1 2023 | 2023-03-31 | $18.0M | $4.1M | +29.78% |
| Q4 2022 | 2022-12-31 | $17.2M | $10.0M | +138.70% |
| Q3 2022 | 2022-09-30 | $19.6M | $11.5M | +142.06% |
| Q2 2022 | 2022-06-30 | $17.6M | $12.4M | +239.77% |
| Q1 2022 | 2022-03-31 | $13.9M | $7.3M | +109.61% |
| Q4 2021 | 2021-12-31 | $7.2M | — | — |
| Q3 2021 | 2021-09-30 | $8.1M | — | — |
| Q2 2021 | 2021-06-30 | $5.2M | — | — |
| Q1 2021 | 2021-03-31 | $6.6M | — | — |
PepGen operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, PepGen's operating expenses increased from $27.1M to $93.6M, a change of $66.5M. The latest reported quarter, Q2 2026, shows $18.9M.
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.
Review PepGen source filings ↗Community posts
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