Lunai Bioworks (LNAI) Operating Expenses (2011 - 2026)

Lunai Bioworks (LNAI) recorded quarterly Operating Expenses of $1.4 million in Q1 2026, down 20.58% quarter-over-quarter from $1.8 million in Q4 2025, and down 65.21% on a YoY basis from $4.2 million in Q1 2025.

Lunai Bioworks (LNAI) Operating Expenses (2011 - 2026) Analysis & Trends

Lunai Bioworks' Operating Expenses history runs 16 years deep, the most recent figure standing at $1.4 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 65.21% year-over-year to $1.4 million; the TTM figure through Mar 2026 stood at $133.5 million (up 68.66% YoY), while the FY2025 annual figure was $189.0 million, up 131.46% from the prior year.
  • Operating Expenses was $1.4 million for Q1 2026 at Lunai Bioworks, down from $1.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $126.9 million in Q2 2025 to a low of $1.4 million in Q1 2026.
  • Historically, Operating Expenses has averaged $24.6 million across 5 years, with a median of $4.5 million in 2024.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 1164.47% in 2024, then sank 93.8% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $4.4 million in 2022, then decreased by 2.24% to $4.3 million in 2023, then increased by 6.47% to $4.5 million in 2024, then sank by 59.89% to $1.8 million in 2025, then dropped by 20.58% to $1.4 million in 2026.
  • The last three Operating Expenses figures came in at $1.4 million (Q1 2026), $1.8 million (Q4 2025), and $3.3 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 Lunai Bioworks 95.85 Mn 92.70 Mn 20,942.00 1.45 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.45 Mn
Dec 31, 2025 1.82 Mn
Sep 30, 2025 3.31 Mn
Jun 30, 2025 126.92 Mn
Mar 31, 2025 4.16 Mn
Dec 31, 2024 4.55 Mn
Sep 30, 2024 53.34 Mn
Jun 30, 2024 17.10 Mn
Mar 31, 2024 51.38 Mn
Dec 31, 2023 4.27 Mn
Sep 30, 2023 8.88 Mn
Jun 30, 2023 22.93 Mn
Mar 31, 2023 4.06 Mn
Dec 31, 2022 4.37 Mn
Sep 30, 2022 7.19 Mn
Jun 30, 2022 98.21 Mn
Mar 31, 2022 4.03 Mn
Dec 31, 2021 6.33 Mn
Sep 30, 2021 7.50 Mn
Jun 30, 2021 14.18 Mn