Pharvaris N.V Operating Expenses Growth & History (PHVS)
Pharvaris N.V's operating expenses was €169.8M for fiscal 2025.
View full Pharvaris N.V company overviewPharvaris N.V annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €169.8M | €24.1M | +16.57% |
| 2024 | 2024-12-31 | €145.7M | €48.8M | +50.33% |
| 2023 | 2023-12-31 | €96.9M | €10.2M | +11.76% |
| 2022 | 2022-12-31 | €86.7M | €32.6M | +60.17% |
| 2021 | 2021-12-31 | €54.1M | €29.1M | +116.50% |
| 2020 | 2020-12-31 | €25.0M | €17.0M | +212.18% |
| 2019 | 2019-12-31 | €8.0M | €3.7M | +85.70% |
| 2018 | 2018-12-31 | €4.3M | — | — |
Pharvaris N.V quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | €50.8M | €10.4M | +25.80% |
| Q1 2026 | 2026-03-31 | €44.3M | €2.1M | +4.94% |
| Q4 2025 | 2025-12-31 | €47.6M | — | — |
| Q3 2025 | 2025-09-30 | €39.7M | — | — |
| Q2 2025 | 2025-06-30 | €40.4M | €6.0M | +17.43% |
| Q1 2025 | 2025-03-31 | €42.2M | — | — |
| Q2 2024 | 2024-06-30 | €34.4M | €11.9M | +53.11% |
| Q2 2023 | 2023-06-30 | €22.5M | €1.1M | +5.02% |
| Q2 2022 | 2022-06-30 | €21.4M | €8.7M | +68.03% |
| Q2 2021 | 2021-06-30 | €12.7M | — | — |
Pharvaris N.V operating expenses trends
Over the last five fiscal years, Pharvaris N.V's operating expenses increased from €25.0M to €169.8M, a change of €144.8M. The latest reported quarter, Q2 2026, shows €50.8M.
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.
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