Macrogenics (MGNX) Operating Expenses (2012 - 2026)
Macrogenics (MGNX) reported Operating Expenses of $54.2 million for Q1 2026, down 2.87% year-over-year from $55.8 million in Q1 2025, and up 1.67% quarter-over-quarter from $53.3 million in Q4 2025.
Macrogenics (MGNX) Operating Expenses (2012 - 2026) Analysis & Trends
Macrogenics (MGNX) has 15 years of Operating Expenses data on file, last reported at $54.2 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $54.2 million, down 2.87% year-over-year; the trailing twelve-month figure through Mar 2026 was $220.7 million (down 12.92% YoY), and the FY2025 annual result was $222.3 million, down 14.66% from the prior year.
- Operating Expenses grew to $54.2 million in Q1 2026 per MGNX's latest filing, from $53.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $77.7 million in Q1 2022 and troughed at $45.9 million in Q3 2023.
- A 5-year average of $61.0 million and a median of $60.1 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses plunged 31.17% in 2023, then increased 23.13% in 2024.
- A 5-year view of Operating Expenses shows it stood at $61.1 million in 2022, then fell by 1.71% to $60.1 million in 2023, then rose by 20.17% to $72.2 million in 2024, then dropped by 26.13% to $53.3 million in 2025, then gained by 1.67% to $54.2 million in 2026.
- Business Quant data shows MGNX's Operating Expenses at $54.2 million in Q1 2026, $53.3 million in Q4 2025, and $54.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 15.76 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -67.40 Mn |
| 10 | Macrogenics | 260.14 Mn | 193.63 Mn | - | 54.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.21 Mn |
| Dec 31, 2025 | 53.32 Mn |
| Sep 30, 2025 | 54.20 Mn |
| Jun 30, 2025 | 59.00 Mn |
| Mar 31, 2025 | 55.82 Mn |
| Dec 31, 2024 | 72.19 Mn |
| Sep 30, 2024 | 56.52 Mn |
| Jun 30, 2024 | 68.98 Mn |
| Mar 31, 2024 | 62.85 Mn |
| Dec 31, 2023 | 60.07 Mn |
| Sep 30, 2023 | 45.90 Mn |
| Jun 30, 2023 | 58.10 Mn |
| Mar 31, 2023 | 62.92 Mn |
| Dec 31, 2022 | 61.12 Mn |
| Sep 30, 2022 | 66.69 Mn |
| Jun 30, 2022 | 67.82 Mn |
| Mar 31, 2022 | 77.74 Mn |
| Dec 31, 2021 | 72.38 Mn |
| Sep 30, 2021 | 68.65 Mn |
| Jun 30, 2021 | 71.04 Mn |