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

Bicara Therapeutics (BCAX) reported Operating Expenses of $60.2 million for Q1 2026, up 44.16% on a YoY basis 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 has reported Operating Expenses for 4 years, with the latest figure 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.
  • The five-year high for Operating Expenses was $60.2 million in Q1 2026, with the low at $9.5 million in Q3 2023.
  • Historically, Operating Expenses has averaged $29.2 million across 4 years, with a median of $26.6 million in 2024.
  • Annual changes were most pronounced in 2025 — Operating Expenses jumped 171.81% — and 2026, when it jumped 44.16%.
  • 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.
  • 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 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 Bicara Therapeutics 1.41 Bn 1.41 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