Forte Biosciences (FBRX) Operating Expenses (2016 - 2026)
Forte Biosciences' (FBRX) quarterly Operating Expenses came in at $22.4 million in Q1 2026, up 39.17% year-on-year from $16.1 million in Q1 2025, and down 8.68% on a QoQ basis from $24.6 million in Q4 2025.
Forte Biosciences (FBRX) Operating Expenses (2016 - 2026) Analysis & Trends
Forte Biosciences (FBRX) has 11 years of Operating Expenses data on file, last reported at $22.4 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 39.17% year-over-year to $22.4 million in Q1 2026; TTM through Mar 2026 was $77.0 million, a 71.35% increase from a year earlier, with the FY2025 full-year figure at $70.7 million, up 93.04% from the prior year.
- Operating Expenses for Q1 2026 stood at $22.4 million, down from $24.6 million in the prior quarter.
- Over the last five years, Operating Expenses for FBRX reached as high as $24.6 million in Q4 2025 and fell as low as $2.5 million in Q1 2022.
- Historically, Operating Expenses has averaged $10.4 million across 5 years, with a median of $8.6 million in 2024.
- Across the five-year window, Operating Expenses slumped 55.54% in 2022 and jumped 234.25% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $4.9 million in 2022, then advanced by 29.2% to $6.4 million in 2023, then advanced by 15.2% to $7.4 million in 2024, then soared by 234.25% to $24.6 million in 2025, then decreased by 8.68% to $22.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $22.4 million in Q1 2026, $24.6 million in Q4 2025, and $18.4 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 | Forte Biosciences | 174.08 Mn | 115.88 Mn | - | 22.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.44 Mn |
| Dec 31, 2025 | 24.57 Mn |
| Sep 30, 2025 | 18.38 Mn |
| Jun 30, 2025 | 11.58 Mn |
| Mar 31, 2025 | 16.12 Mn |
| Dec 31, 2024 | 7.35 Mn |
| Sep 30, 2024 | 8.63 Mn |
| Jun 30, 2024 | 12.82 Mn |
| Mar 31, 2024 | 7.80 Mn |
| Dec 31, 2023 | 6.38 Mn |
| Sep 30, 2023 | 10.22 Mn |
| Jun 30, 2023 | 9.03 Mn |
| Mar 31, 2023 | 6.86 Mn |
| Dec 31, 2022 | 4.94 Mn |
| Sep 30, 2022 | 3.42 Mn |
| Jun 30, 2022 | 3.02 Mn |
| Mar 31, 2022 | 2.51 Mn |
| Dec 31, 2021 | 3.30 Mn |
| Sep 30, 2021 | 7.70 Mn |
| Jun 30, 2021 | 5.75 Mn |