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
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