Janux Therapeutics (JANX) Operating Expenses (2020 - 2026)
Janux Therapeutics' (JANX) quarterly Operating Expenses came in at $37.9 million in Q1 2026, up 8.74% year-on-year from $34.9 million in Q1 2025, and down 10.51% on a QoQ basis from $42.4 million in Q4 2025.
Janux Therapeutics (JANX) Operating Expenses (2020 - 2026) Analysis & Trends
Janux Therapeutics (JANX) has 7 years of Operating Expenses data on file, last reported at $37.9 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 8.74% year-over-year to $37.9 million in Q1 2026; TTM through Mar 2026 was $170.7 million, a 38.88% increase from a year earlier, with the FY2025 full-year figure at $167.7 million, up 53.21% from the prior year.
- Operating Expenses for Q1 2026 stood at $37.9 million, down from $42.4 million in the prior quarter.
- Over the last five years, Operating Expenses for JANX reached as high as $45.3 million in Q3 2025 and fell as low as $15.1 million in Q1 2022.
- Historically, Operating Expenses has averaged $27.8 million across 5 years, with a median of $22.3 million in 2023.
- Across the five-year window, Operating Expenses jumped 467.98% in 2022 and dropped 11.9% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $21.1 million in 2022, then decreased by 11.9% to $18.6 million in 2023, then soared by 56.05% to $29.0 million in 2024, then surged by 46.1% to $42.4 million in 2025, then retreated by 10.51% to $37.9 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $37.9 million in Q1 2026, $42.4 million in Q4 2025, and $45.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 15.76 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 1.10 Bn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -919.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 445.22 Mn |
| 10 | Janux Therapeutics | 964.43 Mn | 964.43 Mn | - | 37.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.95 Mn |
| Dec 31, 2025 | 42.40 Mn |
| Sep 30, 2025 | 45.25 Mn |
| Jun 30, 2025 | 45.12 Mn |
| Mar 31, 2025 | 34.90 Mn |
| Dec 31, 2024 | 29.02 Mn |
| Sep 30, 2024 | 36.28 Mn |
| Jun 30, 2024 | 22.72 Mn |
| Mar 31, 2024 | 21.41 Mn |
| Dec 31, 2023 | 18.60 Mn |
| Sep 30, 2023 | 18.33 Mn |
| Jun 30, 2023 | 21.81 Mn |
| Mar 31, 2023 | 22.33 Mn |
| Dec 31, 2022 | 21.11 Mn |
| Sep 30, 2022 | 19.84 Mn |
| Jun 30, 2022 | 19.63 Mn |
| Mar 31, 2022 | 15.13 Mn |
| Dec 31, 2021 | 15.11 Mn |
| Sep 30, 2021 | 12.06 Mn |
| Jun 30, 2021 | 6.73 Mn |