Crinetics Pharmaceuticals (CRNX) Operating Expenses (2017 - 2026)
Crinetics Pharmaceuticals (CRNX) posted quarterly Operating Expenses of $151.1 million for Q1 2026, up 35.2% year-over-year from $111.8 million in Q1 2025, and up 8.07% quarter-over-quarter from $139.8 million in Q4 2025.
Analysis
Crinetics Pharmaceuticals (CRNX) Operating Expenses (2017 - 2026) Analysis & Trends
Crinetics Pharmaceuticals' Operating Expenses history runs 10 years deep, the most recent figure standing at $151.1 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 35.2% year-over-year to $151.1 million; the TTM figure through Mar 2026 stood at $563.8 million (up 49.36% YoY), while the FY2025 annual figure was $524.5 million, up 54.3% from the prior year.
- Operating Expenses for Q1 2026 stood at $151.1 million, up from $139.8 million in the prior quarter.
- The five-year high for Operating Expenses was $151.1 million in Q1 2026, with the low at $37.0 million in Q1 2022.
- The 5-year median for Operating Expenses is $74.2 million (2024), against an average of $83.2 million.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 66.68% in 2022, then grew 24.14% in 2023.
- Crinetics Pharmaceuticals' Operating Expenses stood at $48.3 million in 2022, then climbed by 29.82% to $62.7 million in 2023, then jumped by 51.21% to $94.7 million in 2024, then surged by 47.58% to $139.8 million in 2025, then rose by 8.07% to $151.1 million in 2026.
- Business Quant data shows CRNX's Operating Expenses at $151.1 million in Q1 2026, $139.8 million in Q4 2025, and $142.7 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -1.05 Bn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 960.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 505.13 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 1.21 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 541.02 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 427.03 Mn |
| 10 | Crinetics Pharmaceuticals | 8.99 Bn | 8.99 Bn | 24.96 Mn | 157.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 157.58 Mn |
| Mar 31, 2026 | 151.11 Mn |
| Dec 31, 2025 | 139.83 Mn |
| Sep 30, 2025 | 142.73 Mn |
| Jun 30, 2025 | 130.14 Mn |
| Mar 31, 2025 | 111.77 Mn |
| Dec 31, 2024 | 94.75 Mn |
| Sep 30, 2024 | 87.80 Mn |
| Jun 30, 2024 | 83.18 Mn |
| Mar 31, 2024 | 74.17 Mn |
| Dec 31, 2023 | 62.66 Mn |
| Sep 30, 2023 | 59.32 Mn |
| Jun 30, 2023 | 53.98 Mn |
| Mar 31, 2023 | 50.66 Mn |
| Dec 31, 2022 | 48.27 Mn |
| Sep 30, 2022 | 43.91 Mn |
| Jun 30, 2022 | 43.48 Mn |
| Mar 31, 2022 | 36.96 Mn |
| Dec 31, 2021 | 31.97 Mn |
| Sep 30, 2021 | 27.81 Mn |