Black Diamond Therapeutics (BDTX) Operating Expenses (2018 - 2026)
Black Diamond Therapeutics' (BDTX) quarterly Operating Expenses came in at $12.1 million in Q2 2026, down 10.16% on a YoY basis from $13.4 million in Q2 2025, and up 7.09% quarter-over-quarter from $11.3 million in Q1 2026.
Analysis
Black Diamond Therapeutics (BDTX) Operating Expenses (2018 - 2026) Analysis & Trends
Black Diamond Therapeutics (BDTX) has reported Operating Expenses for 9 consecutive years, with $12.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 10.16% year-over-year to $12.1 million; the trailing twelve-month figure through Jun 2026 stood at $51.9 million (down 20.51% YoY), and the FY2025 full-year result was $57.5 million, down 27.04% from the prior year.
- Operating Expenses climbed to $12.1 million in Q2 2026 per BDTX's latest filing, from $11.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $25.7 million in Q1 2022 and bottomed at $11.0 million in Q3 2025.
- Historically, Operating Expenses has averaged $18.8 million across 5 years, with a median of $20.1 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses grew 10.47% in 2024, then plunged 39.45% in 2025.
- Over 5 years, Operating Expenses stood at $21.9 million in 2022, then retreated by 4.56% to $20.9 million in 2023, then declined by 12.37% to $18.3 million in 2024, then retreated by 3.64% to $17.6 million in 2025, then slumped by 31.53% to $12.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $12.1 million, $11.3 million, and $17.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | 6.54 Bn |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | 18.20 Bn |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | 2.09 Bn |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | 3.00 Bn |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | -1.05 Bn |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | 960.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | 2.60 Bn |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | 367.83 Mn |
| 10 | Black Diamond Therapeutics | 111.58 Mn | 1.07 Mn | - | 12.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.06 Mn |
| Mar 31, 2026 | 11.26 Mn |
| Dec 31, 2025 | 17.61 Mn |
| Sep 30, 2025 | 10.98 Mn |
| Jun 30, 2025 | 13.42 Mn |
| Mar 31, 2025 | 15.47 Mn |
| Dec 31, 2024 | 18.28 Mn |
| Sep 30, 2024 | 18.13 Mn |
| Jun 30, 2024 | 22.13 Mn |
| Mar 31, 2024 | 20.25 Mn |
| Dec 31, 2023 | 20.86 Mn |
| Sep 30, 2023 | 24.01 Mn |
| Jun 30, 2023 | 20.03 Mn |
| Mar 31, 2023 | 21.56 Mn |
| Dec 31, 2022 | 21.85 Mn |
| Sep 30, 2022 | 22.12 Mn |
| Jun 30, 2022 | 23.17 Mn |
| Mar 31, 2022 | 25.68 Mn |
| Dec 31, 2021 | 26.08 Mn |
| Sep 30, 2021 | 35.36 Mn |