TScan Therapeutics (TCRX) Operating Expenses (2020 - 2026)
TScan Therapeutics' (TCRX) quarterly Operating Expenses came in at $30.1 million in Q1 2026, down 21.6% year-on-year from $38.4 million in Q1 2025, and up 13.99% on a QoQ basis from $26.4 million in Q4 2025.
TScan Therapeutics (TCRX) Operating Expenses (2020 - 2026) Analysis & Trends
TScan Therapeutics (TCRX) has 7 years of Operating Expenses data on file, last reported at $30.1 million in Q1 2026.
- On a quarterly basis, Operating Expenses fell 21.6% year-over-year to $30.1 million in Q1 2026; TTM through Mar 2026 was $137.8 million, a 4.36% decrease from a year earlier, with the FY2025 full-year figure at $146.1 million, up 6.18% from the prior year.
- Operating Expenses for Q1 2026 stood at $30.1 million, up from $26.4 million in the prior quarter.
- Over the last five years, Operating Expenses for TCRX reached as high as $41.7 million in Q2 2025 and fell as low as $19.2 million in Q1 2022.
- Historically, Operating Expenses has averaged $29.9 million across 5 years, with a median of $29.5 million in 2023.
- Across the five-year window, Operating Expenses soared 92.9% in 2022 and fell 29.3% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $21.7 million in 2022, then surged by 31.38% to $28.6 million in 2023, then surged by 30.84% to $37.4 million in 2024, then decreased by 29.3% to $26.4 million in 2025, then climbed by 13.99% to $30.1 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $30.1 million in Q1 2026, $26.4 million in Q4 2025, and $39.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 65,839.48 Bn | 65,839.20 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,933.82 Bn | 1,933.76 Bn | - | - |
| 3 | Akari Therapeutics | 1,009.43 Bn | 1,009.43 Bn | - | 15.76 Mn |
| 4 | BeOne Medicines | 472.40 Bn | 467.61 Bn | 1.35 Bn | 1.10 Bn |
| 5 | Vertex Pharmaceuticals | 122.23 Bn | 114.98 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 70.05 Bn | 61.29 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.46 Bn | 62.46 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 55.94 Bn | 50.76 Bn | 1.41 Bn | 2.89 Bn |
| 9 | Alnylam Pharmaceuticals | 37.52 Bn | 34.51 Bn | 959.66 Mn | 898.54 Mn |
| 10 | TScan Therapeutics | 102.71 Mn | -25.35 Mn | - | 30.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.12 Mn |
| Dec 31, 2025 | 26.43 Mn |
| Sep 30, 2025 | 39.56 Mn |
| Jun 30, 2025 | 41.73 Mn |
| Mar 31, 2025 | 38.42 Mn |
| Dec 31, 2024 | 37.38 Mn |
| Sep 30, 2024 | 33.67 Mn |
| Jun 30, 2024 | 34.65 Mn |
| Mar 31, 2024 | 31.94 Mn |
| Dec 31, 2023 | 28.57 Mn |
| Sep 30, 2023 | 28.64 Mn |
| Jun 30, 2023 | 27.76 Mn |
| Mar 31, 2023 | 29.55 Mn |
| Dec 31, 2022 | 21.74 Mn |
| Sep 30, 2022 | 19.94 Mn |
| Jun 30, 2022 | 19.30 Mn |
| Mar 31, 2022 | 19.18 Mn |
| Dec 31, 2021 | 17.06 Mn |
| Sep 30, 2021 | 18.25 Mn |
| Jun 30, 2021 | 13.53 Mn |