Q32 Bio (QTTB) Operating Expenses (2017 - 2026)
Q32 Bio's (QTTB) quarterly Operating Expenses came in at $7.7 million in Q1 2026, down 36.85% year-on-year from $12.2 million in Q1 2025, and down 1.73% quarter-over-quarter from $7.9 million in Q4 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.
- On a quarterly basis, Operating Expenses fell 36.85% year-over-year to $7.7 million in Q1 2026; TTM through Mar 2026 was $32.3 million, a 49.08% decrease from a year earlier, with the FY2025 full-year figure at $36.8 million, down 44.28% from the prior year.
- Operating Expenses fell to $7.7 million in Q1 2026 per QTTB's latest filing, from $7.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $38.4 million in Q1 2022 and bottomed at $7.6 million in Q3 2025.
- The 5-year median for Operating Expenses is $12.2 million (2025), against an average of $17.0 million.
- Across the five-year window, Operating Expenses sank 73.14% in 2023 and jumped 94.82% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $35.3 million in 2022, then tumbled by 68.42% to $11.1 million in 2023, then surged by 30.31% to $14.5 million in 2024, then sank by 45.9% to $7.9 million in 2025, then retreated by 1.73% to $7.7 million in 2026.
- Per Business Quant, the three latest QTTB Operating Expenses figures stand at $7.7 million (Q1 2026), $7.9 million (Q4 2025), and $7.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 1.10 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.78 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 2.89 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 445.22 Mn |
| 10 | Q32 Bio | 225.00 Mn | 174.25 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 |