Korro Bio (KRRO) Operating Expenses (2018 - 2026)
Korro Bio's (KRRO) quarterly Operating Expenses came in at $20.1 million in Q2 2026, down 29.84% on a YoY basis from $28.7 million in Q2 2025, and down 1.6% quarter-over-quarter from $20.4 million in Q1 2026.
Analysis
Korro Bio (KRRO) Operating Expenses (2018 - 2026) Analysis & Trends
Korro Bio (KRRO) has reported Operating Expenses for 9 consecutive years, with $20.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 29.84% year-over-year to $20.1 million; the trailing twelve-month figure through Jun 2026 stood at $112.6 million (up 7.37% YoY), and the FY2025 full-year result was $128.2 million, up 36.17% from the prior year.
- Operating Expenses fell to $20.1 million in Q2 2026 per KRRO's latest filing, from $20.4 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.
- Historically, Operating Expenses has averaged $22.6 million across 5 years, with a median of $21.4 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses sank 127.19% in 2022, then surged 563.03% in 2023.
- Over 5 years, 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 sank by 61.09% to $20.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $20.1 million, $20.4 million, and $51.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.46 Bn | 192.47 Bn | 7.24 Bn | 6.54 Bn |
| 2 | Gilead Sciences | 179.92 Bn | 176.75 Bn | 6.22 Bn | 18.20 Bn |
| 3 | Vertex Pharmaceuticals | 131.37 Bn | 123.51 Bn | 2.84 Bn | 2.09 Bn |
| 4 | Regeneron Pharmaceuticals | 81.86 Bn | 73.87 Bn | 3.93 Bn | 3.00 Bn |
| 5 | Argenx Se | 60.29 Bn | 55.10 Bn | 1.37 Bn | -1.05 Bn |
| 6 | Moderna | 53.76 Bn | 48.62 Bn | 52.00 Mn | 960.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.16 Bn | 29.85 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Biogen | 31.90 Bn | 30.62 Bn | 1.96 Bn | 2.60 Bn |
| 9 | Roivant Sciences | 29.13 Bn | 29.13 Bn | 1.16 Mn | 367.83 Mn |
| 10 | Korro Bio | 225.43 Mn | 110.39 Mn | - | 20.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.11 Mn |
| 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 |