Bicara Therapeutics (BCAX) Operating Expenses (2023 - 2026)

Bicara Therapeutics posted quarterly Operating Expenses of $60.2 million for Q1 2026, up 44.16% year-on-year from $41.8 million in Q1 2025, and up 46.5% on a QoQ basis from $41.1 million in Q4 2025.

Bicara Therapeutics (BCAX) has 4 years of Operating Expenses data on file, last reported at $60.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 44.16% year-over-year to $60.2 million; the trailing twelve-month figure through Mar 2026 stood at $174.1 million (up 59.98% YoY), and the FY2025 full-year result was $155.6 million, up 88.87% from the prior year.
  • Operating Expenses for Q1 2026 stood at $60.2 million, up from $41.1 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $60.2 million in Q1 2026 and bottomed at $9.5 million in Q3 2023.
  • The 4-year median for Operating Expenses is $26.6 million (2024), against an average of $29.2 million.
  • The widest annual swing landed in 2025, when Operating Expenses jumped 171.81%; it then jumped 44.16% in 2026.
  • A 4-year view of Operating Expenses shows it stood at $13.7 million in 2023, then surged by 94.62% to $26.6 million in 2024, then jumped by 54.38% to $41.1 million in 2025, then jumped by 46.5% to $60.2 million in 2026.
  • The last three Operating Expenses figures came in at $60.2 million (Q1 2026), $41.1 million (Q4 2025), and $40.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - 2.97 Mn
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - 4.33 Mn
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -138.30 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 15.76 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 1.85 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -3.82 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 2.96 Bn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 898.54 Mn
10 Bicara Therapeutics 1.25 Bn 1.25 Bn - 60.24 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 60.24 Mn
Dec 31, 2025 41.12 Mn
Sep 30, 2025 40.68 Mn
Jun 30, 2025 32.02 Mn
Mar 31, 2025 41.79 Mn
Dec 31, 2024 26.64 Mn
Sep 30, 2024 20.63 Mn
Jun 30, 2024 19.75 Mn
Mar 31, 2024 15.37 Mn
Dec 31, 2023 13.69 Mn
Sep 30, 2023 9.53 Mn