Maze Therapeutics (MAZE) Operating Expenses (2024 - 2026)
Maze Therapeutics (MAZE) posted Operating Expenses of $46.6 million for Q1 2026, up 22.32% sequentially from $38.1 million in Q4 2025, and up 31.5% YoY from $35.4 million in Q1 2025.
Analysis
Maze Therapeutics (MAZE) Operating Expenses (2024 - 2026) Analysis & Trends
Maze Therapeutics has reported Operating Expenses for 3 years, with the latest figure at $46.6 million in Q1 2026.
- Quarterly Operating Expenses rose 31.5% year-over-year to $46.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $154.1 million (up 31.33% YoY) and the FY2025 annual result came in at $142.9 million, up 30.01% from the prior year.
- Operating Expenses climbed to $46.6 million in Q1 2026 per MAZE's latest filing, from $38.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $46.6 million in Q1 2026 and troughed at $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.
- The widest YoY moves for Operating Expenses: up 43.34% in 2025, down 23.33% in 2025.
- Over 3 years, Operating Expenses stood at $29.7 million in 2024, then rose by 28.03% to $38.1 million in 2025, then increased by 22.32% to $46.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $46.6 million, $38.1 million, and $33.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -1.05 Bn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 960.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 505.13 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 1.21 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 541.02 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 427.03 Mn |
| 10 | Maze Therapeutics | 1.55 Bn | 1.55 Bn | - | 48.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.04 Mn |
| 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 |