Korro Bio (KRRO) Operating Expenses (2018 - 2026)
Korro Bio (KRRO) posted Operating Expenses of $20.4 million for Q1 2026, down 60.46% on a QoQ basis from $51.7 million in Q4 2025, and down 25.88% year-over-year from $27.6 million in Q1 2025.
Korro Bio (KRRO) Operating Expenses (2018 - 2026) Analysis & Trends
Korro Bio's Operating Expenses history runs 9 years deep, the most recent figure standing at $20.4 million for Q1 2026.
- Quarterly Operating Expenses fell 25.88% year-over-year to $20.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $121.1 million (up 20.75% YoY) and the FY2025 annual result came in at $128.2 million, up 36.17% from the prior year.
- Operating Expenses was $20.4 million for Q1 2026 at Korro Bio, down from $51.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $51.7 million in Q4 2025 and bottomed at -$5.8 million in Q4 2022.
- A 5-year average of $22.7 million and a median of $21.5 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses tumbled 127.19% — and 2023, when it jumped 563.03%.
- Korro Bio's Operating Expenses stood at -$5.8 million in 2022, then soared by 563.03% to $26.9 million in 2023, then declined by 5.88% to $25.3 million in 2024, then soared by 104.21% to $51.7 million in 2025, then plunged by 60.46% to $20.4 million in 2026.
- Business Quant data shows KRRO's Operating Expenses at $20.4 million in Q1 2026, $51.7 million in Q4 2025, and $20.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 66,981.90 Bn | 66,981.62 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,913.50 Bn | 1,913.44 Bn | - | - |
| 3 | Akari Therapeutics | 959.56 Bn | 959.56 Bn | - | 15.76 Mn |
| 4 | BeOne Medicines | 472.03 Bn | 467.24 Bn | 1.35 Bn | 1.10 Bn |
| 5 | Vertex Pharmaceuticals | 122.09 Bn | 114.84 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 70.01 Bn | 61.26 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.34 Bn | 62.34 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 55.99 Bn | 50.80 Bn | 1.41 Bn | 2.89 Bn |
| 9 | Alnylam Pharmaceuticals | 37.49 Bn | 34.48 Bn | 959.66 Mn | 898.54 Mn |
| 10 | Korro Bio | 122.37 Mn | 8.40 Mn | - | 20.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.44 Mn |
| Dec 31, 2025 | 51.69 Mn |
| Sep 30, 2025 | 20.33 Mn |
| Jun 30, 2025 | 28.66 Mn |
| Mar 31, 2025 | 27.57 Mn |
| Dec 31, 2024 | 25.31 Mn |
| Sep 30, 2024 | 23.29 Mn |
| Jun 30, 2024 | 24.13 Mn |
| Mar 31, 2024 | 21.45 Mn |
| Dec 31, 2023 | 26.89 Mn |
| Sep 30, 2023 | 19.15 Mn |
| Jun 30, 2023 | 18.41 Mn |
| Mar 31, 2023 | 20.09 Mn |
| Dec 31, 2022 | -5.81 Mn |
| Sep 30, 2022 | 20.28 Mn |
| Jun 30, 2022 | 21.27 Mn |
| Mar 31, 2022 | 23.26 Mn |
| Dec 31, 2021 | 21.36 Mn |
| Sep 30, 2021 | 24.99 Mn |
| Jun 30, 2021 | 26.90 Mn |