Burning Rock Biotech (BNR) Operating Expenses (2019 - 2025)

Burning Rock Biotech (BNR) recorded quarterly Operating Expenses of -$15.8 million in Q4 2025, up 2.07% quarter-over-quarter from -$16.2 million in Q3 2025, and up 32.63% on a YoY basis from -$11.9 million in Q4 2024.

Burning Rock Biotech (BNR) Operating Expenses (2019 - 2025) Analysis & Trends

Burning Rock Biotech's Operating Expenses history runs 7 years deep, the most recent figure standing at -$15.8 million for Q4 2025.

  • In Q4 2025, Operating Expenses rose 32.63% year-over-year to -$15.8 million; the TTM figure through Dec 2025 stood at -$64.2 million (up 35.69% YoY), while the FY2025 annual figure was $65.5 million, down 33.63% from the prior year.
  • Operating Expenses was -$15.8 million for Q4 2025 at Burning Rock Biotech, up from -$16.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$15.5 million in Q1 2025 to a low of -$56.1 million in Q4 2021.
  • Historically, Operating Expenses has averaged -$34.5 million across 5 years, with a median of -$35.4 million in 2023.
  • The sharpest annual moves came in 2021 and 2024: Operating Expenses slumped 154.52% in 2021, then surged 48.77% in 2024.
  • A 5-year view of Operating Expenses shows it stood at -$56.1 million in 2021, then gained by 17.63% to -$46.2 million in 2022, then gained by 25.49% to -$34.4 million in 2023, then surged by 31.82% to -$23.5 million in 2024, then jumped by 32.63% to -$15.8 million in 2025.
  • The last three Operating Expenses figures came in at -$15.8 million (Q4 2025), -$16.2 million (Q3 2025), and -$16.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn 1.31 Bn
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 9.14 Bn
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 2.25 Bn
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 360.15 Mn
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 1.44 Bn
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn 790.16 Mn
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 553.00 Mn
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 512.00 Mn
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn 316.87 Mn
10 Burning Rock Biotech 20.64 Mn -47.19 Mn 14.10 Mn -15.82 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -15.82 Mn
Sep 30, 2025 -16.15 Mn
Jun 30, 2025 -16.70 Mn
Mar 31, 2025 -15.52 Mn
Dec 31, 2024 -23.48 Mn
Sep 30, 2024 -18.59 Mn
Jun 30, 2024 -28.44 Mn
Mar 31, 2024 -29.30 Mn
Dec 31, 2023 -34.43 Mn
Sep 30, 2023 -36.28 Mn
Jun 30, 2023 -32.57 Mn
Mar 31, 2023 -41.82 Mn
Dec 31, 2022 -46.21 Mn
Sep 30, 2022 -48.25 Mn
Jun 30, 2022 -51.97 Mn
Mar 31, 2022 -55.28 Mn
Dec 31, 2021 -56.10 Mn
Sep 30, 2021 -40.76 Mn
Jun 30, 2021 -45.27 Mn
Mar 31, 2021 -37.98 Mn