Maze Therapeutics (MAZE) Operating Expenses (2024 - 2026)
Maze Therapeutics (MAZE) reported Operating Expenses of $46.6 million for Q1 2026, up 31.5% on a YoY basis from $35.4 million in Q1 2025, and up 22.32% sequentially from $38.1 million in Q4 2025.
Maze Therapeutics (MAZE) Operating Expenses (2024 - 2026) Analysis & Trends
Maze Therapeutics (MAZE) has 3 years of Operating Expenses data on file, last reported at $46.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 31.5% year-over-year to $46.6 million; the trailing twelve-month figure through Mar 2026 stood at $154.1 million (up 31.33% YoY), and the FY2025 full-year result was $142.9 million, up 30.01% from the prior year.
- Operating Expenses climbed to $46.6 million in Q1 2026, from $38.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $46.6 million in Q1 2026 to a low of $25.4 million in Q2 2024.
- A 3-year average of $33.3 million and a median of $33.0 million in 2025 frame the typical range for Operating Expenses.
- Peak annual rise in Operating Expenses reached 43.34% in 2025, while the deepest fall reached 23.33% in 2025.
- Tracing MAZE's Operating Expenses over 3 years: stood at $29.7 million in 2024, then climbed by 28.03% to $38.1 million in 2025, then advanced by 22.32% to $46.6 million in 2026.
- Business Quant data shows MAZE's Operating Expenses at $46.6 million in Q1 2026, $38.1 million in Q4 2025, and $33.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 15.76 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 1.10 Bn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -919.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 445.22 Mn |
| 10 | Maze Therapeutics | 1.49 Bn | 1.49 Bn | 18.21 Mn | 46.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.55 Mn |
| Dec 31, 2025 | 38.06 Mn |
| Sep 30, 2025 | 32.97 Mn |
| Jun 30, 2025 | 36.47 Mn |
| Mar 31, 2025 | 35.40 Mn |
| Dec 31, 2024 | 29.73 Mn |
| Sep 30, 2024 | 26.73 Mn |
| Jun 30, 2024 | 25.45 Mn |
| Mar 31, 2024 | 28.01 Mn |