Tenax Therapeutics (TENX) Operating Expenses (2010 - 2026)

Tenax Therapeutics recorded quarterly Operating Expenses of $16.6 million in Q1 2026, up 0.75% quarter-over-quarter from $16.4 million in Q4 2025, and up 46.17% year-over-year from $11.3 million in Q1 2025.

Tenax Therapeutics' Operating Expenses history runs 16 years deep, the most recent figure standing at $16.6 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 46.17% year-over-year to $16.6 million; the TTM figure through Mar 2026 stood at $61.6 million (up 128.87% YoY), while the FY2025 annual figure was $56.4 million, up 189.24% from the prior year.
  • Operating Expenses came in at $16.6 million for Q1 2026 at Tenax Therapeutics, up 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 slumped 88.55% in 2022 and jumped 263.84% in 2025, its largest moves.
  • Tenax Therapeutics' Operating Expenses stood at $2.6 million in 2022, then soared by 30.78% to $3.3 million in 2023, then surged by 118.35% to $7.3 million in 2024, then jumped by 125.48% to $16.4 million in 2025, then climbed by 0.75% to $16.6 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $16.6 million, $16.4 million, and $16.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - 2.97 Mn
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - 4.33 Mn
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -138.30 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 15.76 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 1.85 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -3.82 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 2.96 Bn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 898.54 Mn
10 Tenax Therapeutics 542.72 Mn 542.72 Mn - 16.57 Mn

Historic Data

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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
Mar 31, 2021 23.75 Mn
Dec 31, 2020 2.83 Mn
Sep 30, 2020 2.23 Mn
Jun 30, 2020 2.14 Mn
Mar 31, 2020 -2.67 Mn
Dec 31, 2019 14.30 Mn
Sep 30, 2019 -2.26 Mn
Jun 30, 2019 -1.82 Mn
Mar 31, 2019 -1.66 Mn
Dec 31, 2018 11.56 Mn
Sep 30, 2018 -1.55 Mn
Jun 30, 2018 -1.89 Mn
Mar 31, 2018 -1.22 Mn
Dec 31, 2017 17.03 Mn
Sep 30, 2017 -1.31 Mn
Jun 30, 2017 -3.01 Mn
Mar 31, 2017 -3.50 Mn
Dec 31, 2016 67.53 Mn
Sep 30, 2016 -4.50 Mn
Jun 30, 2016 -4.67 Mn
Mar 31, 2016 5.71 Mn
Dec 31, 2015 10.43 Mn
Sep 30, 2015 3.10 Mn
Jun 30, 2015 4.92 Mn
Apr 30, 2013 1.42 Mn
Jan 31, 2013 1.81 Mn
Oct 31, 2012 1.20 Mn
Jul 31, 2012 1.95 Mn
Apr 30, 2012 1.96 Mn
Jan 31, 2012 2.02 Mn
Oct 31, 2011 2.15 Mn
Jul 31, 2011 2.45 Mn
Apr 30, 2011 2.77 Mn
Jan 31, 2011 2.78 Mn
Oct 31, 2010 2.08 Mn
Jul 31, 2010 3.03 Mn