Q32 Bio (QTTB) Operating Expenses (2017 - 2026)
Q32 Bio's Operating Expenses was $9.12 million in Q2 2026, down 0.6% from $9.17 million a year earlier but up 18.1% from the prior quarter.
Q32 Bio (QTTB) Operating Expenses (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Q32 Bio's Operating Expenses was $32.28 million through Jun 30, 2026, down 41.0% year-over-year; for FY2025, it came in at $36.84 million, down 44.3% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of -22.6% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $66.1 million in FY2024 (+58.9%), $41.6 million in FY2023 (-69.5%), $136.49 million in FY2022 (+5.1%) and $129.92 million in FY2021 (-2.3%).
- Quarterly Operating Expenses has moved between $7.58 million (Q3 2025) and $38.42 million (Q1 2022) over five years.
- Compared with a year earlier, Operating Expenses has declined for six straight quarters, with an average decline of 10.5% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was Q3 2024 (growth of 94.8%); the worst was Q1 2023 (a decline of 73.1%).
- Per Business Quant data, QTTB's Operating Expenses in the three quarters before Q2 2026 was $7.72 million (Q1 2026), $7.86 million (Q4 2025) and $7.58 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,165.22 Bn | 1,133.81 Bn | 19.71 Bn | 7.95 Bn |
| 2 | Johnson & Johnson | 646.28 Bn | 566.14 Bn | 17.30 Bn | 11.12 Bn |
| 3 | AbbVie | 503.17 Bn | 476.28 Bn | 12.70 Bn | 10.56 Bn |
| 4 | Merck | 365.23 Bn | 319.60 Bn | 12.21 Bn | 12.80 Bn |
| 5 | Novartis Ag | 302.66 Bn | 266.65 Bn | 11.24 Bn | 6.09 Bn |
| 6 | Astrazeneca | 267.39 Bn | 241.08 Bn | 12.86 Bn | 9.70 Bn |
| 7 | Amgen | 241.61 Bn | 197.01 Bn | 7.24 Bn | 6.54 Bn |
| 8 | Gilead Sciences | 194.67 Bn | 168.86 Bn | 6.22 Bn | 18.20 Bn |
| 9 | Pfizer | 172.91 Bn | 119.55 Bn | 10.94 Bn | 6.68 Bn |
| 10 | Q32 Bio | 180.03 Mn | -94.26 Mn | - | 9.12 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.12 Mn |
| 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 |
Q32 Bio Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=QTTB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "QTTB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=QTTB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();