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

Bicara Therapeutics (BCAX) posted quarterly Operating Expenses of $60.2 million for Q1 2026, up 44.16% year-over-year from $41.8 million in Q1 2025, and up 46.5% quarter-over-quarter from $41.1 million in Q4 2025.

Bicara Therapeutics (BCAX) Operating Expenses (2023 - 2026) Analysis & Trends

Bicara Therapeutics' Operating Expenses history runs 4 years deep, the most recent figure standing at $60.2 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 44.16% year-over-year to $60.2 million; the TTM figure through Mar 2026 stood at $174.1 million (up 59.98% YoY), while the FY2025 annual figure 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.
  • The five-year high for Operating Expenses was $60.2 million in Q1 2026, with the low 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 sharpest annual moves came in 2025 and 2026: Operating Expenses soared 171.81% in 2025, then soared 44.16% in 2026.
  • Bicara Therapeutics' Operating Expenses stood at $13.7 million in 2023, then jumped by 94.62% to $26.6 million in 2024, then soared by 54.38% to $41.1 million in 2025, then soared by 46.5% to $60.2 million in 2026.
  • Business Quant data shows BCAX's Operating Expenses at $60.2 million in Q1 2026, $41.1 million in Q4 2025, and $40.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 2.09 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 3.00 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 2.89 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn - 505.13 Mn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 1.21 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn 4,978.15
7 Royalty Pharma 33.72 Bn 35.84 Bn - 541.02 Mn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 1.06 Bn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn 427.03 Mn
10 Bicara Therapeutics 1.60 Bn 1.60 Bn - 59.95 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 59.95 Mn
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