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