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| Date | Value |
|---|---|
| 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 |