Barinthus Biotherapeutics (BRNS) Operating Expenses (2020 - 2026)
Barinthus Biotherapeutics (BRNS) reported Operating Expenses of $6.1 million for Q1 2026, down 70.75% on a YoY basis from $20.9 million in Q1 2025, and down 47.11% quarter-over-quarter from $11.6 million in Q4 2025.
Barinthus Biotherapeutics (BRNS) Operating Expenses (2020 - 2026) Analysis & Trends
Barinthus Biotherapeutics has reported Operating Expenses for 7 years, with the latest figure at $6.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 70.75% year-over-year to $6.1 million; the trailing twelve-month figure through Mar 2026 stood at $56.3 million (down 36.02% YoY), and the FY2025 full-year result was $71.1 million, down 15.52% from the prior year.
- Operating Expenses for Q1 2026 stood at $6.1 million, down from $11.6 million in the prior quarter.
- The five-year high for Operating Expenses was $31.6 million in Q4 2022, with the low at -$1.1 million in Q3 2022.
- Historically, Operating Expenses has averaged $17.3 million across 5 years, with a median of $18.9 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses tumbled 119.28% — and 2023, when it soared 1603.73%.
- Barinthus Biotherapeutics' Operating Expenses stood at $31.6 million in 2022, then slumped by 36.65% to $20.0 million in 2023, then gained by 17.94% to $23.6 million in 2024, then sank by 50.91% to $11.6 million in 2025, then plunged by 47.11% to $6.1 million in 2026.
- The last three Operating Expenses figures came in at $6.1 million (Q1 2026), $11.6 million (Q4 2025), and $15.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 719,706.53 Bn | 719,706.50 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 55,800.00 Bn | 55,800.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 18,182.30 Bn | 18,182.29 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 3,154.00 Bn | 3,153.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Akari Therapeutics | 1,844.30 Bn | 1,844.29 Bn | - | 15.76 Mn |
| 6 | Evaxion A | 1,567.96 Bn | 1,567.94 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 251.43 Bn | 251.42 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 112.56 Bn | 105.31 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 94.37 Bn | 94.37 Bn | - | -67.40 Mn |
| 10 | Barinthus Biotherapeutics | 27.08 Mn | -40.03 Mn | - | 6.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.12 Mn |
| Dec 31, 2025 | 11.57 Mn |
| Sep 30, 2025 | 15.22 Mn |
| Jun 30, 2025 | 23.34 Mn |
| Mar 31, 2025 | 20.93 Mn |
| Dec 31, 2024 | 23.57 Mn |
| Sep 30, 2024 | 24.56 Mn |
| Jun 30, 2024 | 18.86 Mn |
| Mar 31, 2024 | 17.12 Mn |
| Dec 31, 2023 | 19.99 Mn |
| Sep 30, 2023 | 16.11 Mn |
| Jun 30, 2023 | 26.67 Mn |
| Mar 31, 2023 | 21.95 Mn |
| Dec 31, 2022 | 31.55 Mn |
| Sep 30, 2022 | -1.07 Mn |
| Jun 30, 2022 | 3.83 Mn |
| Mar 31, 2022 | 14.36 Mn |
| Dec 31, 2021 | 16.67 Mn |
| Sep 30, 2021 | 5.56 Mn |
| Jun 30, 2021 | 16.88 Mn |