Quince Therapeutics (QNCX) Operating Expenses (2018 - 2026)
Quince Therapeutics (QNCX) posted Operating Expenses of $79.8 million for Q2 2026, up 446.83% on a QoQ basis from $14.6 million in Q1 2026, and up 665.15% year-over-year from $10.4 million in Q2 2025.
Analysis
Quince Therapeutics (QNCX) Operating Expenses (2018 - 2026) Analysis & Trends
Quince Therapeutics has reported Operating Expenses for 9 years, with the latest figure at $79.8 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 665.15% year-over-year to $79.8 million in Q2 2026; TTM through Jun 2026 was $127.2 million, a 194.61% increase from a year earlier, with the FY2025 full-year figure at $58.1 million, up 1.37% from the prior year.
- Operating Expenses was $79.8 million for Q2 2026 at Quince Therapeutics, up from $14.6 million in the prior quarter.
- The five-year high for Operating Expenses was $79.8 million in Q2 2026, with the low at $5.6 million in Q2 2023.
- Average Operating Expenses over 5 years is $17.1 million, with a median of $13.0 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses tumbled 64.85% in 2022, then jumped 665.15% in 2026.
- Over 5 years, Operating Expenses stood at $16.2 million in 2022, then sank by 38.81% to $9.9 million in 2023, then rose by 21.08% to $12.0 million in 2024, then jumped by 61.11% to $19.4 million in 2025, then surged by 312.25% to $79.8 million in 2026.
- The last three Operating Expenses figures came in at $79.8 million (Q2 2026), $14.6 million (Q1 2026), and $19.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | 6.54 Bn |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | 18.20 Bn |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | 2.09 Bn |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | 3.00 Bn |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | -1.05 Bn |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | 960.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | 2.60 Bn |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | 367.83 Mn |
| 10 | Quince Therapeutics | 175.52 Mn | 175.52 Mn | - | 79.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 79.78 Mn |
| Mar 31, 2026 | 14.59 Mn |
| Dec 31, 2025 | 19.35 Mn |
| Sep 30, 2025 | 13.43 Mn |
| Jun 30, 2025 | 10.43 Mn |
| Mar 31, 2025 | 14.86 Mn |
| Dec 31, 2024 | 12.01 Mn |
| Sep 30, 2024 | 5.86 Mn |
| Jun 30, 2024 | 28.19 Mn |
| Mar 31, 2024 | 11.22 Mn |
| Dec 31, 2023 | 9.92 Mn |
| Sep 30, 2023 | 6.09 Mn |
| Jun 30, 2023 | 5.58 Mn |
| Mar 31, 2023 | 12.96 Mn |
| Dec 31, 2022 | 16.21 Mn |
| Sep 30, 2022 | 7.62 Mn |
| Mar 31, 2022 | 21.86 Mn |
| Dec 31, 2021 | 23.54 Mn |
| Sep 30, 2021 | 21.68 Mn |
| Jun 30, 2021 | 21.78 Mn |