bioAffinity Technologies (BIAFW) Operating Expenses (2021 - 2026)
bioAffinity Technologies (BIAFW) posted quarterly Operating Expenses of $928636.0 for Q1 2026, down 32.11% YoY from $1.4 million in Q1 2025, and down 80.37% sequentially from $4.7 million in Q4 2025.
bioAffinity Technologies (BIAFW) Operating Expenses (2021 - 2026) Analysis & Trends
bioAffinity Technologies has disclosed Operating Expenses across 6 years of filings, most recently posting $928636.0 for Q1 2026.
- In Q1 2026, Operating Expenses fell 32.11% year-over-year to $928636.0; the TTM figure through Mar 2026 stood at $13.2 million (down 14.02% YoY), while the FY2025 annual figure was $16.7 million, down 8.63% from the prior year.
- Operating Expenses fell to $928636.0 in Q1 2026, from $4.7 million in the prior quarter.
- Over the last five years, Operating Expenses for BIAFW reached as high as $5.2 million in Q4 2024 and fell as low as $685279.0 in Q2 2022.
- The 5-year median for Operating Expenses is $2.6 million (2023), against an average of $2.8 million.
- Annual changes were most pronounced in 2023 — Operating Expenses jumped 180.12% — and 2025, when it tumbled 68.57%.
- A 5-year view of Operating Expenses shows it stood at $1.6 million in 2022, then jumped by 180.12% to $4.6 million in 2023, then rose by 13.13% to $5.2 million in 2024, then decreased by 8.23% to $4.7 million in 2025, then sank by 80.37% to $928636.0 in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $928636.0, $4.7 million, and $3.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 790.16 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 1.44 Bn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 553.00 Mn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 316.87 Mn |
| 10 | bioAffinity Technologies | - | - | - | 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 | 1.37 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 |