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

Bicara Therapeutics' (BCAX) quarterly Operating Expenses came in at $60.2 million in Q1 2026, up 44.16% year-on-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.

  • On a quarterly basis, Operating Expenses rose 44.16% year-over-year to $60.2 million in Q1 2026; TTM through Mar 2026 was $174.1 million, a 59.98% increase from a year earlier, with the FY2025 full-year figure at $155.6 million, up 88.87% from the prior year.
  • Operating Expenses climbed to $60.2 million in Q1 2026 per BCAX's latest filing, 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.
  • Across the five-year window, Operating Expenses soared 171.81% in 2025 and soared 44.16% in 2026, its largest moves.
  • Year by year, Operating Expenses 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.
  • Per Business Quant, the three latest BCAX Operating Expenses figures stand at $60.2 million (Q1 2026), $41.1 million (Q4 2025), and $40.7 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 Bicara Therapeutics 1.68 Bn 1.68 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