Q32 Bio (QTTB) Operating Expenses (2017 - 2026)
Q32 Bio (QTTB) recorded quarterly Operating Expenses of $7.7 million in Q1 2026, down 1.73% quarter-over-quarter from $7.9 million in Q4 2025, and down 36.85% on a YoY basis from $12.2 million in Q1 2025.
Q32 Bio (QTTB) Operating Expenses (2017 - 2026) Analysis & Trends
Q32 Bio's Operating Expenses history runs 10 years deep, the most recent figure standing at $7.7 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 36.85% year-over-year to $7.7 million; the TTM figure through Mar 2026 stood at $32.3 million (down 49.08% YoY), while the FY2025 annual figure was $36.8 million, down 44.28% from the prior year.
- Operating Expenses was $7.7 million for Q1 2026 at Q32 Bio, down from $7.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $38.4 million in Q1 2022 to a low of $7.6 million in Q3 2025.
- Historically, Operating Expenses has averaged $17.0 million across 5 years, with a median of $12.2 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses sank 73.14% in 2023, then surged 94.82% in 2024.
- A 5-year view of Operating Expenses shows it stood at $35.3 million in 2022, then sank by 68.42% to $11.1 million in 2023, then surged by 30.31% to $14.5 million in 2024, then tumbled by 45.9% to $7.9 million in 2025, then retreated by 1.73% to $7.7 million in 2026.
- The last three Operating Expenses figures came in at $7.7 million (Q1 2026), $7.9 million (Q4 2025), and $7.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 15.76 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -67.40 Mn |
| 10 | Q32 Bio | 167.59 Mn | 116.84 Mn | - | 7.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.72 Mn |
| Dec 31, 2025 | 7.86 Mn |
| Sep 30, 2025 | 7.58 Mn |
| Jun 30, 2025 | 9.17 Mn |
| Mar 31, 2025 | 12.23 Mn |
| Dec 31, 2024 | 14.53 Mn |
| Sep 30, 2024 | 18.81 Mn |
| Jun 30, 2024 | 17.92 Mn |
| Mar 31, 2024 | 14.84 Mn |
| Dec 31, 2023 | 11.15 Mn |
| Sep 30, 2023 | 9.66 Mn |
| Jun 30, 2023 | 10.48 Mn |
| Mar 31, 2023 | 10.32 Mn |
| Dec 31, 2022 | 35.30 Mn |
| Sep 30, 2022 | 33.66 Mn |
| Jun 30, 2022 | 29.11 Mn |
| Mar 31, 2022 | 38.42 Mn |
| Dec 31, 2021 | 34.43 Mn |
| Sep 30, 2021 | 32.34 Mn |
| Jun 30, 2021 | 32.74 Mn |