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 🔒
DateValue
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