Vanda Pharmaceuticals annual operating expenses
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Vanda Pharmaceuticals Operating Expenses Growth & History (VNDA)
Vanda Pharmaceuticals's operating expenses was $367.3M for fiscal 2025.
View full Vanda Pharmaceuticals company overviewVanda Pharmaceuticals annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $367.3M | $127.8M | +53.39% |
| 2024 | 2024-12-31 | $239.4M | $32.8M | +15.90% |
| 2023 | 2023-12-31 | $206.6M | −$41.5M | −16.71% |
| 2022 | 2022-12-31 | $248.1M | $21.5M | +9.51% |
| 2021 | 2021-12-31 | $226.5M | $5.6M | +2.53% |
| 2020 | 2020-12-31 | $220.9M | $16.6M | +8.10% |
| 2019 | 2019-12-31 | $204.4M | $33.0M | +19.25% |
| 2018 | 2018-12-31 | $171.4M | −$10.6M | −5.83% |
| 2017 | 2017-12-31 | $182.0M | $17.4M | +10.57% |
| 2016 | 2016-12-31 | $164.6M | $14.5M | +9.64% |
| 2015 | 2015-12-31 | $150.1M | $120.0M | +398.79% |
| 2014 | 2014-12-31 | $30.1M | −$25.0M | −45.36% |
| 2013 | 2013-12-31 | $55.1M | −$6.8M | −11.03% |
| 2012 | 2012-12-31 | $61.9M | $19.9M | +47.47% |
| 2011 | 2011-12-31 | $42.0M | $15.1M | +56.22% |
| 2010 | 2010-12-31 | $26.9M | −$13.6M | −33.65% |
| 2009 | 2009-12-31 | $40.5M | — | — |
Vanda Pharmaceuticals quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $114.3M | $23.2M | +25.52% |
| Q1 2026 | 2026-03-31 | $101.9M | $10.9M | +11.94% |
| Q4 2025 | 2025-12-31 | $97.6M | $34.1M | +53.74% |
| Q3 2025 | 2025-09-30 | $87.5M | $28.9M | +49.26% |
| Q2 2025 | 2025-06-30 | $91.1M | $30.5M | +50.27% |
| Q1 2025 | 2025-03-31 | $91.1M | $34.4M | +60.62% |
| Q4 2024 | 2024-12-31 | $63.5M | $11.1M | +21.20% |
| Q3 2024 | 2024-09-30 | $58.7M | $13.8M | +30.89% |
| Q2 2024 | 2024-06-30 | $60.6M | $11.7M | +23.91% |
| Q1 2024 | 2024-03-31 | $56.7M | −$3.8M | −6.28% |
| Q4 2023 | 2023-12-31 | $52.4M | −$5.5M | −9.49% |
| Q3 2023 | 2023-09-30 | $44.8M | −$16.6M | −27.03% |
| Q2 2023 | 2023-06-30 | $48.9M | −$12.0M | −19.70% |
| Q1 2023 | 2023-03-31 | $60.5M | −$7.4M | −10.86% |
| Q4 2022 | 2022-12-31 | $57.9M | −$1.5M | −2.58% |
| Q3 2022 | 2022-09-30 | $61.4M | $2.1M | +3.60% |
| Q2 2022 | 2022-06-30 | $60.9M | $5.4M | +9.72% |
| Q1 2022 | 2022-03-31 | $67.9M | $15.5M | +29.68% |
| Q4 2021 | 2021-12-31 | $59.4M | $9.0M | +17.78% |
| Q3 2021 | 2021-09-30 | $59.3M | $6.7M | +12.76% |
| Q2 2021 | 2021-06-30 | $55.5M | $2.5M | +4.70% |
| Q1 2021 | 2021-03-31 | $52.3M | −$5.8M | −9.97% |
| Q4 2020 | 2020-12-31 | $50.4M | $328,000 | +0.65% |
| Q3 2020 | 2020-09-30 | $52.6M | $3.8M | +7.88% |
| Q2 2020 | 2020-06-30 | $53.0M | $3.9M | +7.87% |
| Q1 2020 | 2020-03-31 | $58.1M | $8.3M | +16.72% |
| Q4 2019 | 2019-12-31 | $50.1M | $12.2M | +32.36% |
| Q3 2019 | 2019-09-30 | $48.7M | $5.8M | +13.58% |
| Q2 2019 | 2019-06-30 | $49.2M | $5.7M | +13.19% |
| Q1 2019 | 2019-03-31 | $49.8M | $8.7M | +21.02% |
| Q4 2018 | 2018-12-31 | $37.8M | −$3.4M | −8.15% |
| Q3 2018 | 2018-09-30 | $42.9M | −$3.4M | −7.26% |
| Q2 2018 | 2018-06-30 | $43.4M | −$543,000 | −1.23% |
| Q1 2018 | 2018-03-31 | $41.1M | −$4.2M | −9.20% |
| Q4 2017 | 2017-12-31 | $41.2M | $9.7M | +30.72% |
| Q3 2017 | 2017-09-30 | $46.3M | $7.1M | +18.20% |
| Q2 2017 | 2017-06-30 | $44.0M | $3.2M | +7.75% |
| Q1 2017 | 2017-03-31 | $45.3M | −$416,000 | −0.91% |
| Q4 2016 | 2016-12-31 | $31.5M | −$6.1M | −16.23% |
| Q3 2016 | 2016-09-30 | $39.1M | $1.3M | +3.30% |
| Q2 2016 | 2016-06-30 | $40.8M | $7.8M | +23.54% |
| Q1 2016 | 2016-03-31 | $45.7M | $13.3M | +40.98% |
| Q4 2015 | 2015-12-31 | $37.6M | — | — |
| Q3 2015 | 2015-09-30 | $37.9M | $21.7M | +133.43% |
| Q2 2015 | 2015-06-30 | $33.0M | $572,000 | +1.76% |
| Q1 2015 | 2015-03-31 | $32.4M | −$3.3M | −9.18% |
| Q3 2014 | 2014-09-30 | $16.2M | $2.1M | +14.78% |
| Q2 2014 | 2014-06-30 | $32.5M | $20.7M | +176.75% |
| Q1 2014 | 2014-03-31 | $35.7M | $23.1M | +182.76% |
| Q4 2013 | 2013-12-31 | $16.6M | $1.3M | +8.32% |
| Q3 2013 | 2013-09-30 | $14.1M | $457,000 | +3.34% |
| Q2 2013 | 2013-06-30 | $11.7M | −$4.7M | −28.74% |
| Q1 2013 | 2013-03-31 | $12.6M | −$3.8M | −23.24% |
| Q4 2012 | 2012-12-31 | $15.3M | $1.0M | +7.16% |
| Q3 2012 | 2012-09-30 | $13.7M | $2.4M | +21.50% |
| Q2 2012 | 2012-06-30 | $16.5M | $7.5M | +84.09% |
| Q1 2012 | 2012-03-31 | $16.5M | $9.0M | +119.62% |
| Q4 2011 | 2011-12-31 | $14.3M | — | — |
| Q3 2011 | 2011-09-30 | $11.3M | $4.8M | +73.18% |
| Q2 2011 | 2011-06-30 | $8.9M | $1.8M | +25.38% |
| Q1 2011 | 2011-03-31 | $7.5M | — | — |
| Q3 2010 | 2010-09-30 | $6.5M | — | — |
| Q2 2010 | 2010-06-30 | $7.1M | — | — |
Vanda Pharmaceuticals operating expenses trends
Over the last five fiscal years, Vanda Pharmaceuticals's operating expenses increased from $220.9M to $367.3M, a change of $146.3M. The latest reported quarter, Q2 2026, shows $114.3M.
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.
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