Growth Metrics

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

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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
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