C4 Therapeutics (CCCC) Operating Expenses (2019 - 2026)
C4 Therapeutics' (CCCC) quarterly Operating Expenses came in at $33.9 million in Q1 2026, down 6.77% year-on-year from $36.4 million in Q1 2025, and down 0.66% quarter-over-quarter from $34.2 million in Q4 2025.
C4 Therapeutics (CCCC) Operating Expenses (2019 - 2026) Analysis & Trends
C4 Therapeutics' Operating Expenses history runs 8 years deep, the most recent figure standing at $33.9 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 6.77% year-over-year to $33.9 million in Q1 2026; TTM through Mar 2026 was $148.7 million, a 4.89% decrease from a year earlier, with the FY2025 full-year figure at $151.2 million, down 2.6% from the prior year.
- Operating Expenses declined to $33.9 million in Q1 2026 per CCCC's latest filing, from $34.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $45.6 million in Q3 2025 and bottomed at $33.4 million in Q2 2024.
- The 5-year median for Operating Expenses is $39.2 million (2022), against an average of $38.9 million.
- Across the five-year window, Operating Expenses soared 39.69% in 2022 and retreated 20.34% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $41.1 million in 2022, then slipped by 1.12% to $40.7 million in 2023, then climbed by 5.4% to $42.9 million in 2024, then decreased by 20.34% to $34.2 million in 2025, then decreased by 0.66% to $33.9 million in 2026.
- Per Business Quant, the three latest CCCC Operating Expenses figures stand at $33.9 million (Q1 2026), $34.2 million (Q4 2025), and $45.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 1.10 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.78 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 2.89 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 445.22 Mn |
| 10 | C4 Therapeutics | 460.17 Mn | 224.50 Mn | - | 33.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.94 Mn |
| Dec 31, 2025 | 34.16 Mn |
| Sep 30, 2025 | 45.64 Mn |
| Jun 30, 2025 | 34.96 Mn |
| Mar 31, 2025 | 36.40 Mn |
| Dec 31, 2024 | 42.89 Mn |
| Sep 30, 2024 | 43.61 Mn |
| Jun 30, 2024 | 33.45 Mn |
| Mar 31, 2024 | 35.26 Mn |
| Dec 31, 2023 | 40.69 Mn |
| Sep 30, 2023 | 38.88 Mn |
| Jun 30, 2023 | 40.23 Mn |
| Mar 31, 2023 | 39.99 Mn |
| Dec 31, 2022 | 41.15 Mn |
| Sep 30, 2022 | 39.24 Mn |
| Jun 30, 2022 | 41.22 Mn |
| Mar 31, 2022 | 39.02 Mn |
| Dec 31, 2021 | 35.33 Mn |
| Sep 30, 2021 | 32.75 Mn |
| Jun 30, 2021 | 31.90 Mn |