Cue Biopharma (CUE) Operating Expenses (2017 - 2026)
Cue Biopharma (CUE) reported Operating Expenses of $95.57 million for Q2 2026, up 724.7% from $11.59 million a year earlier.
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Analysis
Cue Biopharma (CUE) Operating Expenses (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cue Biopharma's Operating Expenses came in at $136.87 million, up 187.1% year-over-year; for FY2025, it came in at $54.02 million, up 6.4% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of 2.3% (FY2020 to FY2025).
- By year, Operating Expenses came in at $50.79 million in FY2024 (-11.9%), $57.64 million in FY2023 (+5.8%), $54.47 million in FY2022 (-7.1%) and $58.65 million in FY2021 (+21.7%).
- The Q2 2026 figure ranks as the highest quarterly Operating Expenses in data going back to Q1 2017.
- Year over year, Operating Expenses gained in two of the last seven quarters, with growth averaging 103.1%.
- The high point for year-over-year Operating Expenses in five years was Q2 2026 (growth of 724.7%); the low point was Q4 2024 (a decline of 28.4%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 15.99 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 11.12 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 11.14 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 12.53 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 9.00 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 6.66 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 4.84 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 7.09 Bn |
| 10 | Cue Biopharma | 98.10 Mn | 18.47 Mn | - | 95.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 95.57 Mn |
| Mar 31, 2026 | 11.04 Mn |
| Dec 31, 2025 | 19.96 Mn |
| Sep 30, 2025 | 9.74 Mn |
| Jun 30, 2025 | 11.59 Mn |
| Mar 31, 2025 | 12.72 Mn |
| Dec 31, 2024 | 11.21 Mn |
| Sep 30, 2024 | 12.15 Mn |
| Jun 30, 2024 | 13.04 Mn |
| Mar 31, 2024 | 14.39 Mn |
| Dec 31, 2023 | 15.65 Mn |
| Sep 30, 2023 | 13.52 Mn |
| Jun 30, 2023 | 14.90 Mn |
| Mar 31, 2023 | 13.57 Mn |
| Dec 31, 2022 | 15.02 Mn |
| Sep 30, 2022 | 11.10 Mn |
| Jun 30, 2022 | 13.12 Mn |
| Mar 31, 2022 | 15.24 Mn |
| Dec 31, 2021 | 16.15 Mn |
| Sep 30, 2021 | 15.41 Mn |
API Access
Cue Biopharma Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CUE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CUE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CUE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();