bioAffinity Technologies (BIAF) Operating Expenses (2021 - 2026)

bioAffinity Technologies (BIAF) posted quarterly Operating Expenses of $928636.0 for Q1 2026, down 79.27% year-over-year from $4.5 million in Q1 2025, and down 80.37% quarter-over-quarter from $4.7 million in Q4 2025.

bioAffinity Technologies (BIAF) Operating Expenses (2021 - 2026) Analysis & Trends

bioAffinity Technologies (BIAF) has reported Operating Expenses for 6 consecutive years, with $928636.0 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses fell 79.27% year-over-year to $928636.0; the TTM figure through Mar 2026 stood at $13.2 million (down 28.53% YoY), while the FY2025 annual figure was $16.7 million, down 8.63% from the prior year.
  • Operating Expenses retreated to $928636.0 in Q1 2026 per BIAF's latest filing, from $4.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $5.2 million in Q4 2024 and bottomed at $685279.0 in Q2 2022.
  • Historically, Operating Expenses has averaged $3.0 million across 5 years, with a median of $3.7 million in 2025.
  • Annual changes were most pronounced in 2023 — Operating Expenses jumped 180.12% — and 2026, when it sank 79.27%.
  • bioAffinity Technologies' Operating Expenses stood at $1.6 million in 2022, then surged by 180.12% to $4.6 million in 2023, then gained by 13.13% to $5.2 million in 2024, then slipped by 8.23% to $4.7 million in 2025, then plunged by 80.37% to $928636.0 in 2026.
  • Business Quant data shows BIAF's Operating Expenses at $928636.0 in Q1 2026, $4.7 million in Q4 2025, and $3.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Thermo Fisher Scientific 213.40 Bn 209.33 Bn 8.34 Bn 9.91 Bn
2 Danaher 139.94 Bn 135.59 Bn 3.61 Bn 2.48 Bn
3 Idexx Laboratories 46.03 Bn 45.83 Bn 779.09 Mn 353.52 Mn
4 Agilent Technologies 39.69 Bn 37.88 Bn 990.00 Mn 1.44 Bn
5 Iqvia Holdings 39.32 Bn 37.24 Bn 1.44 Bn 637.00 Mn
6 Natera 38.47 Bn 37.37 Bn 696.04 Mn 790.16 Mn
7 Illumina 29.98 Bn 28.82 Bn 770.00 Mn 525.00 Mn
8 Mettler Toledo International 28.57 Bn 28.52 Bn 650.22 Mn 321.77 Mn
9 Quest Diagnostics 26.21 Bn 25.58 Bn 1.03 Bn 2.58 Bn
10 bioAffinity Technologies 2.38 Mn -716,147.57 - 928,636.00

Historic Data

Download Data
DateValue
Mar 31, 2026 928,636.00
Dec 31, 2025 4.73 Mn
Sep 30, 2025 3.74 Mn
Jun 30, 2025 3.79 Mn
Mar 31, 2025 4.48 Mn
Dec 31, 2024 5.15 Mn
Sep 30, 2024 4.32 Mn
Jun 30, 2024 4.49 Mn
Mar 31, 2024 4.35 Mn
Dec 31, 2023 4.56 Mn
Sep 30, 2023 2.59 Mn
Jun 30, 2023 1.80 Mn
Mar 31, 2023 1.56 Mn
Dec 31, 2022 1.63 Mn
Sep 30, 2022 977,160.00
Jun 30, 2022 685,279.00
Mar 31, 2022 727,043.00
Dec 31, 2021 659,752.00
Sep 30, 2021 526,293.00