Jade Biosciences (JBIO) Operating Expenses (2020 - 2026)
Jade Biosciences (JBIO) reported Operating Expenses of $43.4 million for Q1 2026, up 85.79% on a YoY basis from $23.4 million in Q1 2025, and up 24.2% quarter-over-quarter from $35.0 million in Q4 2025.
Jade Biosciences (JBIO) Operating Expenses (2020 - 2026) Analysis & Trends
Jade Biosciences has reported Operating Expenses for 7 years, with the latest figure at $43.4 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 85.79% year-over-year to $43.4 million; the trailing twelve-month figure through Mar 2026 stood at $133.6 million (up 79.39% YoY), and the FY2025 full-year result was $113.5 million, up 52.21% from the prior year.
- Operating Expenses for Q1 2026 stood at $43.4 million, up from $35.0 million in the prior quarter.
- The five-year high for Operating Expenses was $43.4 million in Q1 2026, with the low at $590000.0 in Q2 2024.
- Historically, Operating Expenses has averaged $21.6 million across 5 years, with a median of $21.4 million in 2023.
- Annual changes were most pronounced in 2024 — Operating Expenses tumbled 97.1% — and 2025, when it soared 4608.14%.
- Jade Biosciences' Operating Expenses stood at $15.9 million in 2022, then surged by 39.2% to $22.1 million in 2023, then jumped by 61.05% to $35.5 million in 2024, then slipped by 1.57% to $35.0 million in 2025, then rose by 24.2% to $43.4 million in 2026.
- The last three Operating Expenses figures came in at $43.4 million (Q1 2026), $35.0 million (Q4 2025), and $27.4 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 | Jade Biosciences | 973.55 Mn | 973.55 Mn | - | 43.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 43.45 Mn |
| Dec 31, 2025 | 34.98 Mn |
| Sep 30, 2025 | 27.40 Mn |
| Jun 30, 2025 | 27.78 Mn |
| Mar 31, 2025 | 23.38 Mn |
| Dec 31, 2024 | 35.54 Mn |
| Sep 30, 2024 | 14.97 Mn |
| Jun 30, 2024 | 590,000.00 |
| Mar 31, 2024 | 24.62 Mn |
| Dec 31, 2023 | 22.07 Mn |
| Sep 30, 2023 | 21.37 Mn |
| Jun 30, 2023 | 20.34 Mn |
| Mar 31, 2023 | 17.64 Mn |
| Dec 31, 2022 | 15.85 Mn |
| Sep 30, 2022 | 14.15 Mn |
| Jun 30, 2022 | 12.22 Mn |
| Mar 31, 2022 | 11.02 Mn |
| Dec 31, 2021 | 8.27 Mn |
| Sep 30, 2021 | 6.20 Mn |
| Jun 30, 2021 | 5.77 Mn |