Nautilus Biotechnology (NAUT) Operating Expenses (2020 - 2026)
Nautilus Biotechnology's (NAUT) quarterly Operating Expenses came in at $16.1 million in Q1 2026, down 14.43% year-on-year from $18.8 million in Q1 2025, and up 4.54% quarter-over-quarter from $15.4 million in Q4 2025.
Nautilus Biotechnology (NAUT) Operating Expenses (2020 - 2026) Analysis & Trends
Nautilus Biotechnology has disclosed Operating Expenses across 7 years of filings, most recently posting $16.1 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $16.1 million, down 14.43% year-over-year; the trailing twelve-month figure through Mar 2026 was $64.1 million (down 18.54% YoY), and the FY2025 annual result was $66.8 million, down 17.97% from the prior year.
- Operating Expenses came in at $16.1 million for Q1 2026 at Nautilus Biotechnology, up from $15.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $21.6 million in Q1 2024 to a low of $15.4 million in Q4 2025.
- The 5-year median for Operating Expenses is $18.1 million (2023), against an average of $17.9 million.
- Across the five-year window, Operating Expenses surged 90.35% in 2022 and decreased 22.8% in 2025, its largest moves.
- Nautilus Biotechnology's Operating Expenses stood at $16.3 million in 2022, then grew by 22.68% to $20.0 million in 2023, then decreased by 0.1% to $20.0 million in 2024, then fell by 22.8% to $15.4 million in 2025, then increased by 4.54% to $16.1 million in 2026.
- The last three Operating Expenses figures came in at $16.1 million (Q1 2026), $15.4 million (Q4 2025), and $15.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 762,369.55 Bn | 762,369.51 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 55,096.00 Bn | 55,096.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,755.80 Bn | 17,755.79 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 3,486.00 Bn | 3,485.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Akari Therapeutics | 1,737.42 Bn | 1,737.41 Bn | - | 15.76 Mn |
| 6 | Evaxion A | 1,551.28 Bn | 1,551.26 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 227.32 Bn | 227.31 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 110.84 Bn | 103.59 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 91.71 Bn | 91.71 Bn | - | -67.40 Mn |
| 10 | Nautilus Biotechnology | 289.99 Mn | 194.12 Mn | - | 16.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.12 Mn |
| Dec 31, 2025 | 15.42 Mn |
| Sep 30, 2025 | 15.47 Mn |
| Jun 30, 2025 | 17.10 Mn |
| Mar 31, 2025 | 18.84 Mn |
| Dec 31, 2024 | 19.98 Mn |
| Sep 30, 2024 | 19.10 Mn |
| Jun 30, 2024 | 20.79 Mn |
| Mar 31, 2024 | 21.61 Mn |
| Dec 31, 2023 | 20.00 Mn |
| Sep 30, 2023 | 19.08 Mn |
| Jun 30, 2023 | 19.02 Mn |
| Mar 31, 2023 | 18.06 Mn |
| Dec 31, 2022 | 16.30 Mn |
| Sep 30, 2022 | 15.82 Mn |
| Jun 30, 2022 | 15.47 Mn |
| Mar 31, 2022 | 16.02 Mn |
| Dec 31, 2021 | 16.82 Mn |
| Sep 30, 2021 | 14.57 Mn |
| Jun 30, 2021 | 10.70 Mn |