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
DateValue
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