Alpha Tau Medical (DRTS) Operating Expenses (2021 - 2026)

Alpha Tau Medical's (DRTS) quarterly Operating Expenses came in at $13.1 million in Q1 2026, up 47.72% year-on-year from $8.8 million in Q1 2025, and up 7.59% quarter-over-quarter from $12.1 million in Q4 2025.

Alpha Tau Medical (DRTS) Operating Expenses (2021 - 2026) Analysis & Trends

Alpha Tau Medical has disclosed Operating Expenses across 6 years of filings, most recently posting $13.1 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $13.1 million, up 47.72% year-over-year; the trailing twelve-month figure through Mar 2026 was $44.7 million (up 28.86% YoY), and the FY2025 annual result was -$5.0 million, down 3.02% from the prior year.
  • Operating Expenses came in at $13.1 million for Q1 2026 at Alpha Tau Medical, up from $12.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $13.1 million in Q1 2026 to a low of $7.1 million in Q3 2022.
  • The 5-year median for Operating Expenses is $8.5 million (2024), against an average of $8.9 million.
  • Across the five-year window, Operating Expenses soared 233.84% in 2022 and fell 7.31% in 2024, its largest moves.
  • Alpha Tau Medical's Operating Expenses stood at $7.6 million in 2022, then advanced by 25.08% to $9.5 million in 2023, then advanced by 1.01% to $9.6 million in 2024, then advanced by 26.73% to $12.1 million in 2025, then increased by 7.59% to $13.1 million in 2026.
  • The last three Operating Expenses figures came in at $13.1 million (Q1 2026), $12.1 million (Q4 2025), and $10.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 719,706.53 Bn 719,706.50 Bn - 4.33 Mn
2 Belite Bio 55,800.00 Bn 55,800.00 Bn - 32.68 Mn
3 Quantum Biopharma 18,182.30 Bn 18,182.29 Bn - 2.97 Mn
4 Legend Biotech 3,154.00 Bn 3,153.71 Bn 242.10 Mn -138.30 Mn
5 Akari Therapeutics 1,844.30 Bn 1,844.29 Bn - 15.76 Mn
6 Evaxion A 1,567.96 Bn 1,567.94 Bn - -3.82 Mn
7 Psyence Biomedical 251.43 Bn 251.42 Bn - 574,669.00
8 Vertex Pharmaceuticals 112.56 Bn 105.31 Bn 2.59 Bn 1.85 Bn
9 Abivax 94.37 Bn 94.37 Bn - -67.40 Mn
10 Alpha Tau Medical 2,416.70 -76.42 Mn - 13.07 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 13.07 Mn
Dec 31, 2025 12.15 Mn
Sep 30, 2025 10.24 Mn
Jun 30, 2025 9.19 Mn
Mar 31, 2025 8.85 Mn
Dec 31, 2024 9.59 Mn
Sep 30, 2024 7.76 Mn
Jun 30, 2024 8.45 Mn
Mar 31, 2024 7.89 Mn
Dec 31, 2023 9.49 Mn
Sep 30, 2023 8.37 Mn
Jun 30, 2023 7.65 Mn
Mar 31, 2023 8.24 Mn
Dec 31, 2022 7.59 Mn
Sep 30, 2022 7.11 Mn
Jun 30, 2022 7.89 Mn
Mar 31, 2022 8.57 Mn
Dec 31, 2021 3.82 Mn
Sep 30, 2021 3.53 Mn
Jun 30, 2021 3.39 Mn