Alnylam Pharmaceuticals Total Operating Expenses decreased by 6.9% to $898.54M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 56.0%, from $576.11M to $898.54M. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 19.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
total_operating_expenses| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $366.71M | $369.31M | $453.10M | $359.99M | $416.50M | $522.35M | $523.65M | $469.10M | $548.59M | $536.66M | $556.12M | $537.77M | $611.21M | $577.82M | $698.33M | $576.11M | $789.89M | $881.04M | $965.32M | $898.54M |
| QoQ Change | — | +0.7% | +22.7% | -20.5% | +15.7% | +25.4% | +0.2% | -10.4% | +16.9% | -2.2% | +3.6% | -3.3% | +13.7% | -5.5% | +20.9% | -17.5% | +37.1% | +11.5% | +9.6% | -6.9% |
| YoY Change | — | — | — | — | +13.6% | +41.4% | +15.6% | +30.3% | +31.7% | +2.7% | +6.2% | +14.6% | +11.4% | +7.7% | +25.6% | +7.1% | +29.2% | +52.5% | +38.2% | +56.0% |