Jade Biosciences (JBIO) Operating Expenses (2020 - 2026)
Jade Biosciences (JBIO) posted Operating Expenses of $43.4 million for Q1 2026, up 24.2% on a QoQ basis from $35.0 million in Q4 2025, and up 85.79% year-over-year from $23.4 million in Q1 2025.
Jade Biosciences (JBIO) Operating Expenses (2020 - 2026) Analysis & Trends
Jade Biosciences' Operating Expenses history runs 7 years deep, the most recent figure standing at $43.4 million for Q1 2026.
- Quarterly Operating Expenses rose 85.79% year-over-year to $43.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $133.6 million (up 33.53% YoY) and the FY2025 annual result came in at $113.5 million, up 52.21% from the prior year.
- Operating Expenses was $43.4 million for Q1 2026 at Jade Biosciences, up from $35.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $43.4 million in Q1 2026 and bottomed at $11.0 million in Q1 2022.
- A 5-year average of $23.1 million and a median of $22.1 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 296.37% — and 2024, when it declined 29.97%.
- Jade Biosciences' Operating Expenses stood at $15.9 million in 2022, then jumped by 39.2% to $22.1 million in 2023, then soared by 61.05% to $35.5 million in 2024, then declined by 1.57% to $35.0 million in 2025, then advanced by 24.2% to $43.4 million in 2026.
- Business Quant data shows JBIO's Operating Expenses at $43.4 million in Q1 2026, $35.0 million in Q4 2025, and $27.4 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 | Jade Biosciences | 16.25 Mn | 16.25 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 | 26.17 Mn |
| 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 |