NuCana (NCNA) Operating Expenses (2017 - 2025)

NuCana has disclosed Operating Expenses across 9 years of filings, most recently posting -$3.8 million for Q4 2025.

• Operating Expenses for Q4 2025 came in at -$3.8 million, down 132.18% year-over-year; the trailing twelve-month figure through Dec 2025 was -$8.7 million (up 29.01% YoY), and the FY2025 annual result was -$27.5 million, up 6.59% from the prior year.
• Operating Expenses came in at -$3.8 million for Q4 2025 at NuCana, up from -$4.8 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $9.0 million in Q2 2021 to a low of -$17.3 million in Q4 2022.
• The 5-year median for Operating Expenses is -$8.4 million (2024), against an average of -$6.3 million.
• Peak annual rise in Operating Expenses reached 196.88% in 2021, while the deepest fall reached 385.34% in 2021.
• NuCana's Operating Expenses stood at -$17.1 million in 2021, then dropped by 0.82% to -$17.3 million in 2022, then soared by 41.46% to -$10.1 million in 2023, then soared by 83.89% to -$1.6 million in 2024, then slumped by 132.18% to -$3.8 million in 2025.
• The last three Operating Expenses figures came in at -$3.8 million (Q4 2025), -$4.8 million (Q3 2025), and $3.4 million (Q2 2025), per Business Quant data.