Q32 Bio (QTTB) Operating Expenses (2017 - 2026)
Q32 Bio's 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 has reported Operating Expenses for 10 years, with the latest figure at $7.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 36.85% year-over-year to $7.7 million; the trailing twelve-month figure through Mar 2026 stood at $32.3 million (down 49.08% YoY), and the FY2025 full-year result was $36.8 million, down 44.28% from the prior year.
- Operating Expenses for Q1 2026 stood at $7.7 million, down from $7.9 million in the prior quarter.
- The five-year high for Operating Expenses was $38.4 million in Q1 2022, with the low at $7.6 million in Q3 2025.
- Average Operating Expenses over 5 years is $17.0 million, with a median of $12.2 million recorded in 2025.
- Year-over-year, Operating Expenses sank 73.14% in 2023 and jumped 94.82% in 2024.
- Tracing QTTB's Operating Expenses over 5 years: stood at $35.3 million in 2022, then plunged by 68.42% to $11.1 million in 2023, then soared by 30.31% to $14.5 million in 2024, then slumped by 45.9% to $7.9 million in 2025, then decreased 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 | 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 | Q32 Bio | 162.94 Mn | 112.19 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 |
| Mar 31, 2021 | 30.42 Mn |
| Dec 31, 2020 | 30.78 Mn |
| Sep 30, 2020 | 28.84 Mn |
| Jun 30, 2020 | 36.26 Mn |
| Mar 31, 2020 | 37.08 Mn |
| Dec 31, 2019 | 26.12 Mn |
| Sep 30, 2019 | 31.73 Mn |
| Jun 30, 2019 | 28.37 Mn |
| Mar 31, 2019 | 25.39 Mn |
| Dec 31, 2018 | 21.37 Mn |
| Sep 30, 2018 | 17.24 Mn |
| Jun 30, 2018 | 14.82 Mn |
| Mar 31, 2018 | 11.83 Mn |
| Dec 31, 2017 | 12.26 Mn |
| Sep 30, 2017 | 6.66 Mn |
| Jun 30, 2017 | 6.04 Mn |
| Mar 31, 2017 | 4.69 Mn |