C4 Therapeutics (CCCC) Operating Expenses (2019 - 2026)

C4 Therapeutics (CCCC) recorded quarterly Operating Expenses of $33.9 million in Q1 2026, down 0.66% quarter-over-quarter from $34.2 million in Q4 2025, and down 6.77% on a YoY basis from $36.4 million in Q1 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.

  • In Q1 2026, Operating Expenses fell 6.77% year-over-year to $33.9 million; the TTM figure through Mar 2026 stood at $148.7 million (down 4.89% YoY), while the FY2025 annual figure was $151.2 million, down 2.6% from the prior year.
  • Operating Expenses was $33.9 million for Q1 2026 at C4 Therapeutics, down from $34.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $45.6 million in Q3 2025 to a low of $33.4 million in Q2 2024.
  • Historically, Operating Expenses has averaged $38.9 million across 5 years, with a median of $39.2 million in 2022.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 39.69% in 2022, then declined 20.34% in 2025.
  • A 5-year view of Operating Expenses shows it 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.
  • The last three Operating Expenses figures came in at $33.9 million (Q1 2026), $34.2 million (Q4 2025), and $45.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 C4 Therapeutics 520.69 Mn 285.02 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