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
DateValue
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