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
DateValue
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