Transcode Therapeutics RNAZ
NASDAQ RNAZ
$1.83 +0.05 (+2.53%)
As of: Sep 10, 2026 · 11:32 AM EDT

Transcode Therapeutics (RNAZ) Operating Expenses (2020 - 2026)

Transcode Therapeutics' (RNAZ) quarterly Operating Expenses came in at $6.8 million in Q2 2026, up 60.85% on a YoY basis from $4.2 million in Q2 2025, and down 61.76% quarter-over-quarter from $17.8 million in Q1 2026.

Analysis

Transcode Therapeutics (RNAZ) Operating Expenses (2020 - 2026) Analysis & Trends

Transcode Therapeutics (RNAZ) has reported Operating Expenses for 7 consecutive years, with $6.8 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 60.85% year-over-year to $6.8 million; the trailing twelve-month figure through Jun 2026 stood at $45.1 million (up 208.07% YoY), and the FY2025 full-year result was $28.0 million, up 78.66% from the prior year.
  • Operating Expenses eased to $6.8 million in Q2 2026 per RNAZ's latest filing, from $17.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $17.8 million in Q1 2026 and bottomed at $2.2 million in Q3 2024.
  • Historically, Operating Expenses has averaged $5.9 million across 5 years, with a median of $4.9 million in 2022.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 1224.03% in 2022, then sank 59.22% in 2024.
  • Over 5 years, Operating Expenses stood at $5.5 million in 2022, then retreated by 25.44% to $4.1 million in 2023, then rose by 24.28% to $5.1 million in 2024, then surged by 214.72% to $16.0 million in 2025, then plunged by 57.64% to $6.8 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $6.8 million, $17.8 million, and $16.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Amgen 206.86 Bn 192.87 Bn 7.24 Bn 6.54 Bn
2 Gilead Sciences 179.52 Bn 176.34 Bn 6.22 Bn 18.20 Bn
3 Vertex Pharmaceuticals 131.47 Bn 123.62 Bn 2.84 Bn 2.09 Bn
4 Regeneron Pharmaceuticals 81.63 Bn 73.63 Bn 3.93 Bn 3.00 Bn
5 Argenx Se 61.16 Bn 55.98 Bn 1.37 Bn -1.05 Bn
6 Moderna 53.15 Bn 48.02 Bn 52.00 Mn 960.00 Mn
7 Alnylam Pharmaceuticals 33.20 Bn 29.89 Bn 992.69 Mn 1.06 Bn
8 Biogen 31.65 Bn 30.37 Bn 1.96 Bn 2.60 Bn
9 Roivant Sciences 29.30 Bn 29.30 Bn 1.16 Mn 367.83 Mn
10 Transcode Therapeutics 1.75 Mn 1.75 Mn - 6.79 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 6.79 Mn
Mar 31, 2026 17.76 Mn
Dec 31, 2025 16.03 Mn
Sep 30, 2025 4.56 Mn
Jun 30, 2025 4.22 Mn
Mar 31, 2025 3.17 Mn
Dec 31, 2024 5.09 Mn
Sep 30, 2024 2.17 Mn
Jun 30, 2024 5.11 Mn
Mar 31, 2024 3.29 Mn
Dec 31, 2023 4.10 Mn
Sep 30, 2023 5.31 Mn
Jun 30, 2023 5.12 Mn
Mar 31, 2023 4.89 Mn
Dec 31, 2022 5.50 Mn
Sep 30, 2022 4.95 Mn
Jun 30, 2022 4.71 Mn
Mar 31, 2022 3.48 Mn
Dec 31, 2021 2.99 Mn
Sep 30, 2021 2.36 Mn