Beam Therapeutics (BEAM) Operating Expenses (2019 - 2026)
Beam Therapeutics (BEAM) posted quarterly Operating Expenses of $139.0 million for Q1 2026, up 9.62% year-over-year from $126.8 million in Q1 2025, and down 73.08% quarter-over-quarter from $516.1 million in Q4 2025.
Analysis
Beam Therapeutics (BEAM) Operating Expenses (2019 - 2026) Analysis & Trends
Beam Therapeutics (BEAM) has reported Operating Expenses for 8 consecutive years, with $139.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 9.62% year-over-year to $139.0 million; the TTM figure through Mar 2026 stood at $795.7 million (up 210.11% YoY), while the FY2025 annual figure was $523.4 million, up 2998.17% from the prior year.
- Operating Expenses retreated to $139.0 million in Q1 2026 per BEAM's latest filing, from $516.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $516.1 million in Q4 2025 and bottomed at -$324.0 million in Q4 2023.
- Historically, Operating Expenses has averaged $67.0 million across 5 years, with a median of $107.1 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Expenses slumped 323.86% — and 2025, when it soared 7889.81%.
- Beam Therapeutics' Operating Expenses stood at -$256.4 million in 2022, then decreased by 26.36% to -$324.0 million in 2023, then surged by 101.99% to $6.5 million in 2024, then jumped by 7889.81% to $516.1 million in 2025, then tumbled by 73.08% to $139.0 million in 2026.
- Business Quant data shows BEAM's Operating Expenses at $139.0 million in Q1 2026, $516.1 million in Q4 2025, and $12.0 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -1.05 Bn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 960.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 505.13 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 1.21 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 541.02 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 427.03 Mn |
| 10 | Beam Therapeutics | 3.10 Bn | 3.10 Bn | - | 127.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 127.04 Mn |
| Mar 31, 2026 | 138.95 Mn |
| Dec 31, 2025 | 131.55 Mn |
| Sep 30, 2025 | 136.51 Mn |
| Jun 30, 2025 | 128.62 Mn |
| Mar 31, 2025 | 126.76 Mn |
| Dec 31, 2024 | 130.10 Mn |
| Sep 30, 2024 | 120.77 Mn |
| Jun 30, 2024 | 116.67 Mn |
| Mar 31, 2024 | 111.54 Mn |
| Dec 31, 2023 | 183.33 Mn |
| Sep 30, 2023 | 125.46 Mn |
| Jun 30, 2023 | 122.26 Mn |
| Mar 31, 2023 | 123.14 Mn |
| Dec 31, 2022 | 109.02 Mn |
| Sep 30, 2022 | 107.10 Mn |
| Jun 30, 2022 | 98.62 Mn |
| Mar 31, 2022 | 84.66 Mn |
| Dec 31, 2021 | 114.55 Mn |
| Sep 30, 2021 | 70.40 Mn |