Caribou Biosciences (CRBU) Operating Expenses (2020 - 2026)

Caribou Biosciences (CRBU) reported Operating Expenses of $28.7 million for Q1 2026, down 36.65% year-over-year from $45.3 million in Q1 2025, and down 11.47% quarter-over-quarter 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.

  • Operating Expenses for Q1 2026 came in at $28.7 million, down 36.65% year-over-year; the trailing twelve-month figure through Mar 2026 was $142.9 million (down 17.6% YoY), and the FY2025 annual result was $159.5 million, down 9.69% from the prior year.
  • Operating Expenses fell to $28.7 million in Q1 2026 per CRBU's latest filing, from $32.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $50.2 million in Q2 2025 and troughed at $23.5 million in Q1 2022.
  • A 5-year average of $37.4 million and a median of $36.6 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2026: Operating Expenses jumped 87.06% in 2022, then slumped 36.65% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $34.3 million in 2022, then rose by 19.64% to $41.0 million in 2023, then retreated by 0.12% to $41.0 million in 2024, then slipped by 20.9% to $32.4 million in 2025, then declined by 11.47% to $28.7 million in 2026.
  • Business Quant data shows CRBU's Operating Expenses at $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 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 Caribou Biosciences 156.73 Mn 39.11 Mn - 28.68 Mn

Historic Data

Download Data
DateValue
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