Nurix Therapeutics (NRIX) Operating Expenses (2019 - 2026)
Nurix Therapeutics (NRIX) reported Operating Expenses of $98.7 million for Q1 2026, up 21.43% year-over-year from $81.3 million in Q1 2025, and up 2.15% quarter-over-quarter from $96.7 million in Q4 2025.
Nurix Therapeutics (NRIX) Operating Expenses (2019 - 2026) Analysis & Trends
Nurix Therapeutics (NRIX) has 8 years of Operating Expenses data on file, last reported at $98.7 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $98.7 million, up 21.43% year-over-year; the trailing twelve-month figure through Feb 2026 was $387.1 million (up 34.83% YoY), and the FY2025 annual result was $369.6 million, up 38.15% from the prior year.
- Operating Expenses improved to $98.7 million in Q1 2026 per NRIX's latest filing, from $96.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $99.3 million in Q3 2025 and troughed at $52.4 million in Q1 2022.
- A 5-year average of $70.0 million and a median of $60.6 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 77.31% in 2022, then grew 0.51% in 2023.
- A 5-year view of Operating Expenses shows it stood at $55.5 million in 2022, then advanced by 9.05% to $60.5 million in 2023, then gained by 28.84% to $77.9 million in 2024, then climbed by 24.03% to $96.7 million in 2025, then increased by 2.15% to $98.7 million in 2026.
- Business Quant data shows NRIX's Operating Expenses at $98.7 million in Q1 2026, $96.7 million in Q4 2025, and $99.3 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 | Nurix Therapeutics | 1.93 Bn | 1.39 Bn | - | 98.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 98.75 Mn |
| Nov 30, 2025 | 96.67 Mn |
| Aug 31, 2025 | 99.28 Mn |
| May 31, 2025 | 92.38 Mn |
| Feb 28, 2025 | 81.32 Mn |
| Nov 30, 2024 | 77.94 Mn |
| Aug 31, 2024 | 67.20 Mn |
| May 31, 2024 | 60.63 Mn |
| Feb 29, 2024 | 61.80 Mn |
| Nov 30, 2023 | 60.49 Mn |
| Aug 31, 2023 | 58.48 Mn |
| May 31, 2023 | 57.44 Mn |
| Feb 28, 2023 | 55.64 Mn |
| Nov 30, 2022 | 55.47 Mn |
| Aug 31, 2022 | 57.51 Mn |
| May 31, 2022 | 57.15 Mn |
| Feb 28, 2022 | 52.37 Mn |
| Nov 30, 2021 | 45.35 Mn |
| Aug 31, 2021 | 39.25 Mn |
| May 31, 2021 | 33.51 Mn |