NextCure (NXTC) Operating Expenses (2018 - 2026)
NextCure (NXTC) posted quarterly Operating Expenses of $10.1 million for Q1 2026, down 13.05% year-over-year from $11.6 million in Q1 2025, and up 3.57% quarter-over-quarter from $9.8 million in Q4 2025.
NextCure (NXTC) Operating Expenses (2018 - 2026) Analysis & Trends
NextCure's Operating Expenses history runs 9 years deep, the most recent figure standing at $10.1 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 13.05% year-over-year to $10.1 million; the TTM figure through Mar 2026 stood at $56.1 million (up 5.72% YoY), while the FY2025 annual figure was $57.6 million, down 3.57% from the prior year.
- Operating Expenses for Q1 2026 stood at $10.1 million, up from $9.8 million in the prior quarter.
- The five-year high for Operating Expenses was $27.3 million in Q2 2025, with the low at $8.9 million in Q3 2025.
- The 5-year median for Operating Expenses is $16.5 million (2024), against an average of $15.9 million.
- Peak annual rise in Operating Expenses reached 65.47% in 2025, while the deepest fall reached 36.51% in 2025.
- NextCure's Operating Expenses stood at $17.8 million in 2022, then dropped by 11.15% to $15.8 million in 2023, then decreased by 21.12% to $12.5 million in 2024, then retreated by 21.66% to $9.8 million in 2025, then rose by 3.57% to $10.1 million in 2026.
- Business Quant data shows NXTC's Operating Expenses at $10.1 million in Q1 2026, $9.8 million in Q4 2025, and $8.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.13 Bn | 131.28 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.77 Bn | 77.77 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 64.64 Bn | 59.46 Bn | 1.37 Bn | 2.89 Bn |
| 4 | Moderna | 58.29 Bn | 53.16 Bn | 52.00 Mn | 960.00 Mn |
| 5 | BeOne Medicines | 41.92 Bn | 36.82 Bn | 1.53 Bn | 1.21 Bn |
| 6 | Alnylam Pharmaceuticals | 31.58 Bn | 28.28 Bn | 992.69 Mn | 1.06 Bn |
| 7 | BioNTech SE | 28.12 Bn | 9.73 Bn | 668.28 Mn | -784.57 Mn |
| 8 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | 427.03 Mn |
| 9 | Royalty Pharma | 27.27 Bn | 26.43 Bn | - | 541.02 Mn |
| 10 | NextCure | 33.72 Mn | 33.72 Mn | - | 15.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.09 Mn |
| Mar 31, 2026 | 10.11 Mn |
| Dec 31, 2025 | 9.76 Mn |
| Sep 30, 2025 | 8.95 Mn |
| Jun 30, 2025 | 27.29 Mn |
| Mar 31, 2025 | 11.62 Mn |
| Dec 31, 2024 | 12.46 Mn |
| Sep 30, 2024 | 12.50 Mn |
| Jun 30, 2024 | 16.49 Mn |
| Mar 31, 2024 | 18.30 Mn |
| Dec 31, 2023 | 15.79 Mn |
| Sep 30, 2023 | 15.62 Mn |
| Jun 30, 2023 | 19.16 Mn |
| Mar 31, 2023 | 17.07 Mn |
| Dec 31, 2022 | 17.77 Mn |
| Sep 30, 2022 | 19.24 Mn |
| Jun 30, 2022 | 18.13 Mn |
| Mar 31, 2022 | 20.77 Mn |
| Dec 31, 2021 | 17.07 Mn |
| Sep 30, 2021 | 18.51 Mn |