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
DateValue
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