BeOne Medicines (ONC) Operating Expenses (2015 - 2026)

BeOne Medicines' (ONC) quarterly Operating Expenses came in at $1.1 billion in Q1 2026, up 16.48% year-on-year from $941.2 million in Q1 2025, and down 6.35% on a QoQ basis from $1.2 billion in Q4 2025.

BeOne Medicines (ONC) Operating Expenses (2015 - 2026) Analysis & Trends

BeOne Medicines (ONC) has 12 years of Operating Expenses data on file, last reported at $1.1 billion in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 16.48% year-over-year to $1.1 billion in Q1 2026; TTM through Mar 2026 was $4.4 billion, a 14.2% increase from a year earlier, with the FY2025 full-year figure at $4.2 billion, up 11.71% from the prior year.
  • Operating Expenses for Q1 2026 stood at $1.1 billion, down from $1.2 billion in the prior quarter.
  • Over the last five years, Operating Expenses for ONC reached as high as $1.2 billion in Q4 2025 and fell as low as $562.2 million in Q4 2022.
  • Historically, Operating Expenses has averaged $900.8 million across 5 years, with a median of $898.2 million in 2024.
  • Across the five-year window, Operating Expenses soared 148.77% in 2022 and declined 1.69% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $562.2 million in 2022, then soared by 62.27% to $912.4 million in 2023, then increased by 14.72% to $1.0 billion in 2024, then rose by 11.85% to $1.2 billion in 2025, then declined by 6.35% to $1.1 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $1.1 billion in Q1 2026, $1.2 billion in Q4 2025, and $1.1 billion 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 Alnylam Pharmaceuticals 36.08 Bn 33.07 Bn 959.66 Mn 898.54 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.10 Bn
Dec 31, 2025 1.17 Bn
Sep 30, 2025 1.05 Bn
Jun 30, 2025 1.06 Bn
Mar 31, 2025 941.18 Mn
Dec 31, 2024 1.05 Bn
Sep 30, 2024 951.40 Mn
Jun 30, 2024 898.20 Mn
Mar 31, 2024 888.07 Mn
Dec 31, 2023 912.37 Mn
Sep 30, 2023 818.97 Mn
Jun 30, 2023 817.99 Mn
Mar 31, 2023 737.27 Mn
Dec 31, 2022 562.24 Mn
Sep 30, 2022 825.99 Mn
Jun 30, 2022 780.97 Mn
Mar 31, 2022 749.91 Mn
Dec 31, 2021 -1.15 Bn
Sep 30, 2021 668.77 Mn
Jun 30, 2021 624.83 Mn