Maze Therapeutics (MAZE) Operating Expenses (2024 - 2026)
Maze Therapeutics' (MAZE) quarterly Operating Expenses came in at $46.6 million in Q1 2026, up 31.5% year-on-year from $35.4 million in Q1 2025, and up 22.32% quarter-over-quarter from $38.1 million in Q4 2025.
Maze Therapeutics (MAZE) Operating Expenses (2024 - 2026) Analysis & Trends
Maze Therapeutics has disclosed Operating Expenses across 3 years of filings, most recently posting $46.6 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $46.6 million, up 31.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $154.1 million (up 31.33% YoY), and the FY2025 annual result was $142.9 million, up 30.01% from the prior year.
- Operating Expenses came in at $46.6 million for Q1 2026 at Maze Therapeutics, up 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.
- The 3-year median for Operating Expenses is $33.0 million (2025), against an average of $33.3 million.
- Peak annual rise in Operating Expenses reached 43.34% in 2025, while the deepest fall reached 23.33% in 2025.
- Maze Therapeutics' Operating Expenses stood at $29.7 million in 2024, then grew by 28.03% to $38.1 million in 2025, then climbed by 22.32% to $46.6 million in 2026.
- The last three Operating Expenses figures came in at $46.6 million (Q1 2026), $38.1 million (Q4 2025), and $33.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 814,307.08 Bn | 814,307.05 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 55,320.00 Bn | 55,320.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,149.72 Bn | 17,149.72 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 3,590.00 Bn | 3,589.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Akari Therapeutics | 1,650.72 Bn | 1,650.72 Bn | - | 15.76 Mn |
| 6 | Evaxion A | 1,522.09 Bn | 1,522.07 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 229.39 Bn | 229.38 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 113.09 Bn | 105.85 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 90.15 Bn | 90.15 Bn | - | -67.40 Mn |
| 10 | Maze Therapeutics | 1.31 Bn | 1.31 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 |