BioAtla (BCAB) Operating Expenses (2020 - 2026)
BioAtla's (BCAB) quarterly Operating Expenses came in at $9.3 million in Q1 2026, down 47.16% year-on-year from $17.6 million in Q1 2025, and down 17.3% quarter-over-quarter from $11.3 million in Q4 2025.
BioAtla (BCAB) Operating Expenses (2020 - 2026) Analysis & Trends
BioAtla's Operating Expenses history runs 7 years deep, the most recent figure standing at $9.3 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 47.16% year-over-year to $9.3 million in Q1 2026; TTM through Mar 2026 was $53.0 million, a 32.14% decrease from a year earlier, with the FY2025 full-year figure at $61.3 million, down 27.83% from the prior year.
- Operating Expenses eased to $9.3 million in Q1 2026 per BCAB's latest filing, from $11.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $37.2 million in Q2 2023 and bottomed at $9.3 million in Q1 2026.
- The 5-year median for Operating Expenses is $24.3 million (2022), against an average of $23.1 million.
- Across the five-year window, Operating Expenses jumped 33.77% in 2023 and slumped 47.16% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $28.6 million in 2022, then slipped by 0.08% to $28.5 million in 2023, then tumbled by 43.08% to $16.2 million in 2024, then plunged by 30.71% to $11.3 million in 2025, then decreased by 17.3% to $9.3 million in 2026.
- Per Business Quant, the three latest BCAB Operating Expenses figures stand at $9.3 million (Q1 2026), $11.3 million (Q4 2025), and $13.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 1.10 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.78 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 2.89 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 445.22 Mn |
| 10 | BioAtla | 5.74 Mn | 5.74 Mn | - | 9.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 30.71 Mn |