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
DateValue
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