BioAtla (BCAB) Operating Expenses (2020 - 2026)
BioAtla's (BCAB) quarterly Operating Expenses came in at $6.3 million in Q2 2026, down 66.36% on a YoY basis from $18.6 million in Q2 2025, and down 32.61% quarter-over-quarter from $9.3 million in Q1 2026.
Analysis
BioAtla (BCAB) Operating Expenses (2020 - 2026) Analysis & Trends
BioAtla (BCAB) has reported Operating Expenses for 7 consecutive years, with $6.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 66.36% year-over-year to $6.3 million; the trailing twelve-month figure through Jun 2026 stood at $40.6 million (down 45.67% YoY), and the FY2025 full-year result was $61.3 million, down 27.83% from the prior year.
- Operating Expenses fell to $6.3 million in Q2 2026 per BCAB's latest filing, from $9.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $37.2 million in Q2 2023 and bottomed at $6.3 million in Q2 2026.
- Historically, Operating Expenses has averaged $22.2 million across 5 years, with a median of $23.3 million in 2022.
- The sharpest annual moves came in 2023 and 2026: Operating Expenses soared 33.77% in 2023, then plunged 66.36% in 2026.
- Over 5 years, Operating Expenses stood at $28.6 million in 2022, then dropped by 0.08% to $28.5 million in 2023, then slumped by 43.08% to $16.2 million in 2024, then tumbled by 30.71% to $11.3 million in 2025, then tumbled by 44.26% to $6.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $6.3 million, $9.3 million, and $11.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 211.73 Bn | 197.74 Bn | 7.24 Bn | 6.54 Bn |
| 2 | Gilead Sciences | 180.92 Bn | 177.74 Bn | 6.22 Bn | 18.20 Bn |
| 3 | Vertex Pharmaceuticals | 132.16 Bn | 124.30 Bn | 2.84 Bn | 2.09 Bn |
| 4 | Regeneron Pharmaceuticals | 82.89 Bn | 74.90 Bn | 3.93 Bn | 3.00 Bn |
| 5 | Argenx Se | 61.41 Bn | 56.23 Bn | 1.37 Bn | -1.05 Bn |
| 6 | Moderna | 53.99 Bn | 48.85 Bn | 52.00 Mn | 960.00 Mn |
| 7 | Alnylam Pharmaceuticals | 34.48 Bn | 31.18 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Biogen | 31.15 Bn | 29.86 Bn | 1.96 Bn | 2.60 Bn |
| 9 | Roivant Sciences | 30.05 Bn | 30.05 Bn | 1.16 Mn | 367.83 Mn |
| 10 | BioAtla | 2.33 Mn | 2.33 Mn | - | 6.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.27 Mn |
| Mar 31, 2026 | 9.31 Mn |
| Dec 31, 2025 | 11.26 Mn |
| Sep 30, 2025 | 13.79 Mn |
| Jun 30, 2025 | 18.65 Mn |
| Mar 31, 2025 | 17.61 Mn |
| Dec 31, 2024 | 16.24 Mn |
| Sep 30, 2024 | 22.27 Mn |
| Jun 30, 2024 | 21.97 Mn |
| Mar 31, 2024 | 24.46 Mn |
| Dec 31, 2023 | 28.54 Mn |
| Sep 30, 2023 | 35.02 Mn |
| Jun 30, 2023 | 37.20 Mn |
| Mar 31, 2023 | 28.93 Mn |
| Dec 31, 2022 | 28.56 Mn |
| Sep 30, 2022 | 26.18 Mn |
| Jun 30, 2022 | 29.06 Mn |
| Mar 31, 2022 | 24.35 Mn |
| Dec 31, 2021 | 23.49 Mn |
| Sep 30, 2021 | 23.70 Mn |