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
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