BeOne Medicines (ONC) Operating Expenses (2015 - 2026)
BeOne Medicines (ONC) reported Operating Expenses of $1.1 billion for Q1 2026, up 16.48% year-over-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) has 12 years of Operating Expenses data on file, last reported at $1.1 billion in Q1 2026.
- Quarterly Operating Expenses rose 16.48% year-over-year to $1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.4 billion (up 14.2% YoY) and the FY2025 annual result came in at $4.2 billion, up 11.71% from the prior year.
- Operating Expenses retreated to $1.1 billion in Q1 2026 per ONC's latest filing, from $1.2 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $1.2 billion in Q4 2025 and bottomed at $562.2 million in Q4 2022.
- The 5-year median for Operating Expenses is $898.2 million (2024), against an average of $900.8 million.
- The widest annual swing landed in 2022, when Operating Expenses soared 148.77%; it then declined 1.69% in 2023.
- Tracing ONC's Operating Expenses over 5 years: stood at $562.2 million in 2022, then jumped by 62.27% to $912.4 million in 2023, then rose by 14.72% to $1.0 billion in 2024, then gained by 11.85% to $1.2 billion in 2025, then fell by 6.35% to $1.1 billion in 2026.
- Per Business Quant, the three latest ONC Operating Expenses figures stand at $1.1 billion (Q1 2026), $1.2 billion (Q4 2025), and $1.1 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quantum Biopharma | 1,384,976.65 Bn | 1,384,976.64 Bn | - | 2.97 Mn |
| 2 | Alterity Therapeutics | 777,208.84 Bn | 777,208.81 Bn | - | 4.33 Mn |
| 3 | Legend Biotech | 2,801.00 Bn | 2,800.10 Bn | 242.10 Mn | -138.30 Mn |
| 4 | Nanobiotix | 2,226.01 Bn | 2,225.95 Bn | - | - |
| 5 | Akari Therapeutics | 605.66 Bn | 605.66 Bn | - | 15.76 Mn |
| 6 | Vertex Pharmaceuticals | 110.17 Bn | 102.92 Bn | 2.59 Bn | 1.85 Bn |
| 7 | Regeneron Pharmaceuticals | 66.86 Bn | 58.11 Bn | 3.31 Bn | 2.96 Bn |
| 8 | Evaxion A | 65.12 Bn | 65.10 Bn | - | -3.82 Mn |
| 9 | Alnylam Pharmaceuticals | 39.94 Bn | 36.94 Bn | 959.66 Mn | 898.54 Mn |
| 10 | BeOne Medicines | - | - | 1.35 Bn | 1.10 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 535.71 Mn |
| Dec 31, 2020 | 585.01 Mn |
| Sep 30, 2020 | 531.22 Mn |
| Jun 30, 2020 | 424.51 Mn |
| Mar 31, 2020 | 425.82 Mn |
| Dec 31, 2019 | 444.93 Mn |
| Sep 30, 2019 | 362.41 Mn |
| Jun 30, 2019 | 329.18 Mn |
| Mar 31, 2019 | 251.59 Mn |
| Dec 31, 2018 | 339.48 Mn |
| Sep 30, 2018 | 205.30 Mn |
| Jun 30, 2018 | 215.85 Mn |
| Mar 31, 2018 | 143.35 Mn |
| Dec 31, 2017 | 121.97 Mn |
| Sep 30, 2017 | 105.31 Mn |
| Jun 30, 2017 | 58.02 Mn |
| Mar 31, 2017 | 51.54 Mn |
| Dec 31, 2016 | 37.27 Mn |
| Sep 30, 2016 | 34.83 Mn |
| Jun 30, 2016 | 25.02 Mn |
| Mar 31, 2016 | 21.01 Mn |
| Dec 31, 2015 | 31.05 Mn |
| Sep 30, 2015 | 15.37 Mn |
| Jun 30, 2015 | 7.95 Mn |
| Mar 31, 2015 | 11.19 Mn |