Nautilus Biotechnology (NAUT) Operating Expenses (2020 - 2026)

Nautilus Biotechnology (NAUT) reported Operating Expenses of $16.1 million for Q1 2026, down 14.43% on a YoY basis from $18.8 million in Q1 2025, and up 4.54% sequentially from $15.4 million in Q4 2025.

Nautilus Biotechnology (NAUT) Operating Expenses (2020 - 2026) Analysis & Trends

Nautilus Biotechnology (NAUT) has 7 years of Operating Expenses data on file, last reported at $16.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 14.43% year-over-year to $16.1 million; the trailing twelve-month figure through Mar 2026 stood at $64.1 million (down 18.54% YoY), and the FY2025 full-year result was $66.8 million, down 17.97% from the prior year.
  • Operating Expenses grew to $16.1 million in Q1 2026, 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.
  • A 5-year average of $17.9 million and a median of $18.1 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 90.35% in 2022 and decreased 22.8% in 2025, its largest moves.
  • Tracing NAUT's Operating Expenses over 5 years: stood at $16.3 million in 2022, then climbed by 22.68% to $20.0 million in 2023, then retreated by 0.1% to $20.0 million in 2024, then declined by 22.8% to $15.4 million in 2025, then grew by 4.54% to $16.1 million in 2026.
  • Business Quant data shows NAUT's Operating Expenses at $16.1 million in Q1 2026, $15.4 million in Q4 2025, and $15.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -28.01 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 1.10 Bn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -919.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 445.22 Mn
10 Nautilus Biotechnology 213.38 Mn 213.38 Mn - 16.12 Mn

Historic Data

Download Data
DateValue
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