Crinetics Pharmaceuticals (CRNX) Operating Expenses (2017 - 2026)
Crinetics Pharmaceuticals (CRNX) recorded quarterly Operating Expenses of $151.1 million in Q1 2026, up 8.07% quarter-over-quarter from $139.8 million in Q4 2025, and up 35.2% on a YoY basis from $111.8 million in Q1 2025.
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 was $151.1 million for Q1 2026 at Crinetics Pharmaceuticals, up from $139.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $151.1 million in Q1 2026 to a low of $37.0 million in Q1 2022.
- Historically, Operating Expenses has averaged $83.2 million across 5 years, with a median of $74.2 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 66.68% in 2022, then increased 24.14% in 2023.
- A 5-year view of Operating Expenses shows it stood at $48.3 million in 2022, then grew by 29.82% to $62.7 million in 2023, then surged by 51.21% to $94.7 million in 2024, then soared by 47.58% to $139.8 million in 2025, then gained by 8.07% to $151.1 million in 2026.
- The last three Operating Expenses figures came in at $151.1 million (Q1 2026), $139.8 million (Q4 2025), and $142.7 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 | Crinetics Pharmaceuticals | 3.75 Bn | 3.75 Bn | 10.53 Mn | 151.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 26.09 Mn |