Trevi Therapeutics Operating Expenses Growth & History (TRVI)
Trevi Therapeutics's operating expenses was $49.3M for fiscal 2025.
View full Trevi Therapeutics company overviewTrevi Therapeutics annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $49.3M | −$2.2M | −4.26% |
| 2024 | 2024-12-31 | $51.5M | $17.6M | +51.89% |
| 2023 | 2023-12-31 | $33.9M | $4.0M | +13.43% |
| 2022 | 2022-12-31 | $29.9M | −$2.6M | −7.91% |
| 2021 | 2021-12-31 | $32.5M | −$13,000 | −0.04% |
| 2020 | 2020-12-31 | $32.5M | $5.8M | +21.93% |
| 2019 | 2019-12-31 | $26.6M | $8.2M | +44.75% |
| 2018 | 2018-12-31 | $18.4M | — | — |
Trevi Therapeutics quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $20.5M | $6.8M | +49.46% |
| Q1 2026 | 2026-03-31 | $14.9M | $3.4M | +30.01% |
| Q4 2025 | 2025-12-31 | $10.2M | −$2.0M | −16.52% |
| Q3 2025 | 2025-09-30 | $13.9M | −$171,000 | −1.21% |
| Q2 2025 | 2025-06-30 | $13.7M | $433,000 | +3.26% |
| Q1 2025 | 2025-03-31 | $11.5M | −$436,000 | −3.66% |
| Q4 2024 | 2024-12-31 | $12.2M | $3.3M | +37.04% |
| Q3 2024 | 2024-09-30 | $14.1M | $5.0M | +55.74% |
| Q2 2024 | 2024-06-30 | $13.3M | $4.9M | +58.54% |
| Q1 2024 | 2024-03-31 | $11.9M | $4.3M | +57.42% |
| Q4 2023 | 2023-12-31 | $8.9M | $2.3M | +34.19% |
| Q3 2023 | 2023-09-30 | $9.0M | $640,000 | +7.61% |
| Q2 2023 | 2023-06-30 | $8.4M | $562,000 | +7.19% |
| Q1 2023 | 2023-03-31 | $7.6M | $538,000 | +7.66% |
| Q4 2022 | 2022-12-31 | $6.7M | −$1.6M | −19.53% |
| Q3 2022 | 2022-09-30 | $8.4M | $1.5M | +20.99% |
| Q2 2022 | 2022-06-30 | $7.8M | −$1.3M | −14.69% |
| Q1 2022 | 2022-03-31 | $7.0M | −$1.1M | −13.15% |
| Q4 2021 | 2021-12-31 | $8.3M | −$920,000 | −10.01% |
| Q3 2021 | 2021-09-30 | $6.9M | −$297,000 | −4.10% |
| Q2 2021 | 2021-06-30 | $9.2M | $1.8M | +23.66% |
| Q1 2021 | 2021-03-31 | $8.1M | −$550,000 | −6.37% |
| Q4 2020 | 2020-12-31 | $9.2M | $2.4M | +35.87% |
| Q3 2020 | 2020-09-30 | $7.2M | −$406,000 | −5.31% |
| Q2 2020 | 2020-06-30 | $7.4M | −$4,000 | −0.05% |
| Q1 2020 | 2020-03-31 | $8.6M | $3.8M | +79.53% |
| Q4 2019 | 2019-12-31 | $6.8M | $837,000 | +14.12% |
| Q3 2019 | 2019-09-30 | $7.7M | $2.7M | +54.33% |
| Q2 2019 | 2019-06-30 | $7.4M | $3.0M | +69.34% |
| Q1 2019 | 2019-03-31 | $4.8M | $1.7M | +53.15% |
| Q4 2018 | 2018-12-31 | $5.9M | — | — |
| Q3 2018 | 2018-09-30 | $5.0M | — | — |
| Q2 2018 | 2018-06-30 | $4.4M | — | — |
| Q1 2018 | 2018-03-31 | $3.1M | — | — |
Trevi Therapeutics operating expenses trends
Over the last five fiscal years, Trevi Therapeutics's operating expenses increased from $32.5M to $49.3M, a change of $16.8M. The latest reported quarter, Q2 2026, shows $20.5M.
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 Trevi Therapeutics source filings ↗