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
DateValue
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