Caribou Biosciences (CRBU) Operating Expenses (2020 - 2026)
Caribou Biosciences' (CRBU) quarterly Operating Expenses came in at $28.7 million in Q1 2026, down 36.65% year-on-year from $45.3 million in Q1 2025, and down 11.47% on a QoQ basis from $32.4 million in Q4 2025.
Caribou Biosciences (CRBU) Operating Expenses (2020 - 2026) Analysis & Trends
Caribou Biosciences (CRBU) has 7 years of Operating Expenses data on file, last reported at $28.7 million in Q1 2026.
- On a quarterly basis, Operating Expenses fell 36.65% year-over-year to $28.7 million in Q1 2026; TTM through Mar 2026 was $142.9 million, a 17.6% decrease from a year earlier, with the FY2025 full-year figure at $159.5 million, down 9.69% from the prior year.
- Operating Expenses for Q1 2026 stood at $28.7 million, down from $32.4 million in the prior quarter.
- Over the last five years, Operating Expenses for CRBU reached as high as $50.2 million in Q2 2025 and fell as low as $23.5 million in Q1 2022.
- Historically, Operating Expenses has averaged $37.4 million across 5 years, with a median of $36.6 million in 2023.
- Across the five-year window, Operating Expenses surged 87.06% in 2022 and plunged 36.65% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $34.3 million in 2022, then climbed by 19.64% to $41.0 million in 2023, then dropped by 0.12% to $41.0 million in 2024, then fell by 20.9% to $32.4 million in 2025, then decreased by 11.47% to $28.7 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $28.7 million in Q1 2026, $32.4 million in Q4 2025, and $31.6 million in 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 | Caribou Biosciences | 156.25 Mn | 38.63 Mn | - | 28.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.68 Mn |
| Dec 31, 2025 | 32.39 Mn |
| Sep 30, 2025 | 31.60 Mn |
| Jun 30, 2025 | 50.25 Mn |
| Mar 31, 2025 | 45.27 Mn |
| Dec 31, 2024 | 40.95 Mn |
| Sep 30, 2024 | 40.26 Mn |
| Jun 30, 2024 | 46.97 Mn |
| Mar 31, 2024 | 48.43 Mn |
| Dec 31, 2023 | 41.00 Mn |
| Sep 30, 2023 | 38.30 Mn |
| Jun 30, 2023 | 36.62 Mn |
| Mar 31, 2023 | 34.62 Mn |
| Dec 31, 2022 | 34.27 Mn |
| Sep 30, 2022 | 29.84 Mn |
| Jun 30, 2022 | 32.62 Mn |
| Mar 31, 2022 | 23.52 Mn |
| Dec 31, 2021 | 22.96 Mn |
| Sep 30, 2021 | 22.59 Mn |
| Jun 30, 2021 | 17.44 Mn |