Tenax Therapeutics TENX
NASDAQ TENX
$2.14 +0.16 (+8.08%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Tenax Therapeutics' (TENX) quarterly Operating Expenses came in at $18.8 million in Q2 2026, up 59.29% year-over-year from $11.8 million in Q2 2025, and up 13.34% quarter-over-quarter from $16.6 million in Q1 2026.

Analysis

Tenax Therapeutics (TENX) Operating Expenses (2010 - 2026) Analysis & Trends

Tenax Therapeutics has disclosed Operating Expenses across 16 years of filings, most recently posting $18.8 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 59.29% year-over-year to $18.8 million; the TTM figure through Jun 2026 stood at $68.6 million (up 95.79% YoY), while the FY2025 annual figure was $56.4 million, up 189.24% from the prior year.
  • Operating Expenses came in at $18.8 million for Q2 2026 at Tenax Therapeutics, up from $16.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $18.8 million in Q2 2026 to a low of $1.2 million in Q2 2023.
  • Average Operating Expenses over 5 years is $7.3 million, with a median of $3.8 million recorded in 2024.
  • Year-over-year, Operating Expenses slumped 88.55% in 2022 and jumped 263.84% in 2025.
  • Over 5 years, Operating Expenses stood at $2.6 million in 2022, then surged by 30.78% to $3.3 million in 2023, then jumped by 118.35% to $7.3 million in 2024, then soared by 125.48% to $16.4 million in 2025, then advanced by 14.2% to $18.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $18.8 million in Q2 2026, $16.6 million in Q1 2026, and $16.4 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Johnson & Johnson 663.08 Bn 642.33 Bn 17.26 Bn 10.12 Bn
2 AbbVie 453.04 Bn 446.51 Bn 12.70 Bn 10.56 Bn
3 Merck 370.87 Bn 363.78 Bn 12.21 Bn 12.80 Bn
4 Novartis Ag 305.29 Bn 298.00 Bn 11.24 Bn -6.09 Bn
5 Pfizer 162.10 Bn 150.70 Bn 10.94 Bn 6.68 Bn
6 Sanofi 53.95 Bn 46.98 Bn 10.79 Bn -5.98 Bn
7 Revolution Medicines 45.00 Bn 45.00 Bn - 505.13 Mn
8 Incyte 25.47 Bn 20.94 Bn 1.57 Bn 976.14 Mn
9 United Therapeutics 20.81 Bn 18.15 Bn 683.80 Mn 452.50 Mn
10 Tenax Therapeutics 87.74 Mn 87.74 Mn - 18.78 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 18.78 Mn
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