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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.62 Bn | 131.77 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.73 Bn | 77.73 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 63.53 Bn | 58.35 Bn | 1.37 Bn | -1.05 Bn |
| 4 | Moderna | 58.23 Bn | 53.09 Bn | 52.00 Mn | 960.00 Mn |
| 5 | Revolution Medicines | 44.05 Bn | 44.05 Bn | - | 505.13 Mn |
| 6 | BeOne Medicines | 40.03 Bn | 34.93 Bn | 1.53 Bn | 1.21 Bn |
| 7 | Alnylam Pharmaceuticals | 35.50 Bn | 32.19 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Royalty Pharma | 28.52 Bn | 27.68 Bn | - | 541.02 Mn |
| 9 | Insmed | 27.46 Bn | 26.30 Bn | 358.27 Mn | 427.03 Mn |
| 10 | Bicara Therapeutics | 1.57 Bn | 1.57 Bn | - | 59.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |