Macrogenics (MGNX) Operating Expenses (2012 - 2026)
Macrogenics (MGNX) posted quarterly 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.
Analysis
Macrogenics (MGNX) Operating Expenses (2012 - 2026) Analysis & Trends
Macrogenics (MGNX) has reported Operating Expenses for 15 consecutive years, with $54.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 2.87% year-over-year to $54.2 million; the TTM figure through Mar 2026 stood at $220.7 million (down 12.92% YoY), while the FY2025 annual figure was $222.3 million, down 14.66% from the prior year.
- Operating Expenses improved to $54.2 million in Q1 2026 per MGNX's latest filing, from $53.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $77.7 million in Q1 2022 and bottomed at $45.9 million in Q3 2023.
- Historically, Operating Expenses has averaged $61.0 million across 5 years, with a median of $60.1 million in 2023.
- Annual changes were most pronounced in 2023 — Operating Expenses plunged 31.17% — and 2024, when it increased 23.13%.
- Macrogenics' Operating Expenses stood at $61.1 million in 2022, then retreated by 1.71% to $60.1 million in 2023, then gained by 20.17% to $72.2 million in 2024, then declined by 26.13% to $53.3 million in 2025, then advanced 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 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 | Macrogenics | 284.90 Mn | 171.00 Mn | - | 46.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.68 Mn |
| Mar 31, 2026 | 54.21 Mn |
| Dec 31, 2025 | 53.32 Mn |
| Sep 30, 2025 | 54.20 Mn |
| Jun 30, 2025 | 50.09 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 |