Prime Medicine (PRME) Operating Expenses (2021 - 2026)
Prime Medicine posted quarterly Operating Expenses of $51.5 million for Q1 2026, down 4.34% year-on-year from $53.8 million in Q1 2025, and up 4.17% on a QoQ basis from $49.4 million in Q4 2025.
Prime Medicine (PRME) has 6 years of Operating Expenses data on file, last reported at $51.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 4.34% year-over-year to $51.5 million; the trailing twelve-month figure through Mar 2026 stood at $210.6 million (changed 0.13% YoY), and the FY2025 full-year result was $213.0 million, up 3.67% from the prior year.
- Operating Expenses for Q1 2026 stood at $51.5 million, up from $49.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $68.0 million in Q4 2023 and bottomed at $19.9 million in Q1 2022.
- The 5-year median for Operating Expenses is $49.4 million (2025), against an average of $46.5 million.
- Peak annual rise in Operating Expenses reached 203.59% in 2022, while the deepest fall reached 35.6% in 2022.
- A 5-year view of Operating Expenses shows it stood at $38.7 million in 2022, then soared by 75.89% to $68.0 million in 2023, then sank by 31.8% to $46.4 million in 2024, then advanced by 6.55% to $49.4 million in 2025, then grew by 4.17% to $51.5 million in 2026.
- The last three Operating Expenses figures came in at $51.5 million (Q1 2026), $49.4 million (Q4 2025), and $55.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quantum Biopharma | 961,148.99 Bn | 961,148.98 Bn | - | 2.97 Mn |
| 2 | Alterity Therapeutics | 744,933.29 Bn | 744,933.26 Bn | - | 4.33 Mn |
| 3 | Legend Biotech | 2,540.00 Bn | 2,539.71 Bn | 242.10 Mn | -138.30 Mn |
| 4 | Nanobiotix | 2,199.85 Bn | 2,199.78 Bn | - | - |
| 5 | Akari Therapeutics | 1,635.88 Bn | 1,635.88 Bn | - | 15.76 Mn |
| 6 | Vertex Pharmaceuticals | 111.32 Bn | 104.07 Bn | 2.59 Bn | 1.85 Bn |
| 7 | Evaxion A | 62.56 Bn | 62.54 Bn | - | -3.82 Mn |
| 8 | Regeneron Pharmaceuticals | 62.55 Bn | 53.79 Bn | 3.31 Bn | 2.96 Bn |
| 9 | Alnylam Pharmaceuticals | 39.57 Bn | 36.56 Bn | 959.66 Mn | 898.54 Mn |
| 10 | Prime Medicine | 601.24 Mn | 601.24 Mn | - | 51.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 51.51 Mn |
| Dec 31, 2025 | 49.45 Mn |
| Sep 30, 2025 | 55.20 Mn |
| Jun 30, 2025 | 54.49 Mn |
| Mar 31, 2025 | 53.85 Mn |
| Dec 31, 2024 | 46.41 Mn |
| Sep 30, 2024 | 54.44 Mn |
| Jun 30, 2024 | 55.67 Mn |
| Mar 31, 2024 | 48.93 Mn |
| Dec 31, 2023 | 68.04 Mn |
| Sep 30, 2023 | 51.46 Mn |
| Jun 30, 2023 | 45.26 Mn |
| Mar 31, 2023 | 40.03 Mn |
| Dec 31, 2022 | 38.69 Mn |
| Sep 30, 2022 | 31.66 Mn |
| Jun 30, 2022 | 26.31 Mn |
| Mar 31, 2022 | 19.90 Mn |
| Dec 31, 2021 | 60.08 Mn |
| Sep 30, 2021 | 10.43 Mn |