Tenax Therapeutics (TENX) Operating Expenses (2010 - 2026)
Tenax Therapeutics (TENX) reported Operating Expenses of $16.6 million for Q1 2026, up 46.17% on a YoY basis from $11.3 million in Q1 2025, and up 0.75% sequentially from $16.4 million in Q4 2025.
Tenax Therapeutics (TENX) Operating Expenses (2010 - 2026) Analysis & Trends
Tenax Therapeutics (TENX) has 16 years of Operating Expenses data on file, last reported at $16.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 46.17% year-over-year to $16.6 million; the trailing twelve-month figure through Mar 2026 stood at $61.6 million (up 128.87% YoY), and the FY2025 full-year result was $56.4 million, up 189.24% from the prior year.
- Operating Expenses improved to $16.6 million in Q1 2026, from $16.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $16.8 million in Q3 2025 to a low of $1.2 million in Q2 2023.
- A 5-year average of $6.6 million and a median of $3.7 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses sank 88.55% in 2022 and soared 263.84% in 2025, its largest moves.
- Tracing TENX's Operating Expenses over 5 years: stood at $2.6 million in 2022, then jumped by 30.78% to $3.3 million in 2023, then soared by 118.35% to $7.3 million in 2024, then surged by 125.48% to $16.4 million in 2025, then gained by 0.75% to $16.6 million in 2026.
- Business Quant data shows TENX's Operating Expenses at $16.6 million in Q1 2026, $16.4 million in Q4 2025, and $16.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 15.76 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 1.10 Bn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -919.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 445.22 Mn |
| 10 | Tenax Therapeutics | 655.78 Mn | 655.78 Mn | - | 16.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.57 Mn |
| Dec 31, 2025 | 16.45 Mn |
| Sep 30, 2025 | 16.81 Mn |
| Jun 30, 2025 | 11.79 Mn |
| Mar 31, 2025 | 11.34 Mn |
| Dec 31, 2024 | 7.30 Mn |
| Sep 30, 2024 | 4.62 Mn |
| Jun 30, 2024 | 3.67 Mn |
| Mar 31, 2024 | 3.91 Mn |
| Dec 31, 2023 | 3.34 Mn |
| Sep 30, 2023 | 2.12 Mn |
| Jun 30, 2023 | 1.24 Mn |
| Mar 31, 2023 | 1.54 Mn |
| Dec 31, 2022 | 2.55 Mn |
| Sep 30, 2022 | 2.92 Mn |
| Jun 30, 2022 | 2.86 Mn |
| Mar 31, 2022 | 2.72 Mn |
| Dec 31, 2021 | 3.21 Mn |
| Sep 30, 2021 | 3.80 Mn |
| Jun 30, 2021 | 1.96 Mn |