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