Macrogenics (MGNX) Operating Expenses (2012 - 2026)
Macrogenics' (MGNX) quarterly Operating Expenses came in at $54.2 million in Q1 2026, down 2.87% year-on-year from $55.8 million in Q1 2025, and up 1.67% on a QoQ basis 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.
- On a quarterly basis, Operating Expenses fell 2.87% year-over-year to $54.2 million in Q1 2026; TTM through Mar 2026 was $220.7 million, a 12.92% decrease from a year earlier, with the FY2025 full-year figure at $222.3 million, down 14.66% from the prior year.
- Operating Expenses for Q1 2026 stood at $54.2 million, up from $53.3 million in the prior quarter.
- Over the last five years, Operating Expenses for MGNX reached as high as $77.7 million in Q1 2022 and fell as low as $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.
- Across the five-year window, Operating Expenses slumped 31.17% in 2023 and climbed 23.13% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $61.1 million in 2022, then slipped by 1.71% to $60.1 million in 2023, then climbed by 20.17% to $72.2 million in 2024, then retreated by 26.13% to $53.3 million in 2025, then grew by 1.67% to $54.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 1.10 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.78 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 2.89 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 445.22 Mn |
| 10 | Macrogenics | 254.43 Mn | 187.92 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 |