Azitra (AZTR) Operating Expenses (2022 - 2026)

Azitra (AZTR) posted Operating Expenses of $3.9 million for Q1 2026, up 76.68% on a QoQ basis from $2.2 million in Q4 2025, and up 26.89% year-over-year from $3.1 million in Q1 2025.

Azitra (AZTR) Operating Expenses (2022 - 2026) Analysis & Trends

Azitra's Operating Expenses history runs 5 years deep, the most recent figure standing at $3.9 million for Q1 2026.

  • Quarterly Operating Expenses rose 26.89% year-over-year to $3.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $11.8 million (up 6.01% YoY) and the FY2025 annual result came in at $11.0 million, changed 0.24% from the prior year.
  • Operating Expenses was $3.9 million for Q1 2026 at Azitra, up from $2.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $3.9 million in Q1 2026 and bottomed at $1.6 million in Q2 2023.
  • A 5-year average of $2.6 million and a median of $2.6 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses declined 26.4% — and 2024, when it surged 77.12%.
  • Azitra's Operating Expenses stood at $2.7 million in 2022, then slipped by 6.16% to $2.6 million in 2023, then dropped by 4.93% to $2.4 million in 2024, then retreated by 8.53% to $2.2 million in 2025, then jumped by 76.68% to $3.9 million in 2026.
  • Business Quant data shows AZTR's Operating Expenses at $3.9 million in Q1 2026, $2.2 million in Q4 2025, and $2.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Nanobiotix 1,785.82 Bn 1,785.76 Bn - -
2 Akari Therapeutics 979.03 Bn 979.03 Bn - 15.76 Mn
3 BeOne Medicines 473.13 Bn 468.34 Bn 1.35 Bn 1.10 Bn
4 Vertex Pharmaceuticals 123.67 Bn 116.43 Bn 2.59 Bn 1.85 Bn
5 Regeneron Pharmaceuticals 71.57 Bn 62.81 Bn 3.31 Bn 2.96 Bn
6 Belite Bio 62.00 Bn 62.00 Bn - 32.68 Mn
7 Argenx Se 54.61 Bn 49.42 Bn 1.41 Bn 2.89 Bn
8 Alnylam Pharmaceuticals 37.99 Bn 34.98 Bn 959.66 Mn 898.54 Mn
9 Revolution Medicines 36.09 Bn 36.09 Bn - 445.22 Mn
10 Azitra 2.07 Mn 2.07 Mn - 3.93 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.93 Mn
Dec 31, 2025 2.23 Mn
Sep 30, 2025 2.77 Mn
Jun 30, 2025 2.87 Mn
Mar 31, 2025 3.10 Mn
Dec 31, 2024 2.43 Mn
Sep 30, 2024 2.93 Mn
Jun 30, 2024 2.67 Mn
Mar 31, 2024 2.96 Mn
Dec 31, 2023 2.56 Mn
Sep 30, 2023 2.30 Mn
Jun 30, 2023 1.60 Mn
Mar 31, 2023 1.67 Mn
Dec 31, 2022 2.73 Mn
Sep 30, 2022 2.42 Mn
Jun 30, 2022 2.17 Mn