Tenax Therapeutics (TENX) Operating Expenses (2010 - 2026)
Tenax Therapeutics (TENX) posted Operating Expenses of $18.78 million for Q2 2026, up 59.3% from $11.79 million a year earlier and up 13.3% from the prior quarter.
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Analysis
Tenax Therapeutics (TENX) Operating Expenses (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Tenax Therapeutics was $68.61 million, up 95.8% year-over-year; for FY2025, it was $56.39 million, up 189.2% from FY2024.
- Annual Operating Expenses shows a five-year compound annual growth rate of 41.7% (FY2020 to FY2025).
- In prior years, Tenax Therapeutics' Operating Expenses was $19.49 million in FY2024 (+136.8%), $8.23 million in FY2023 (-25.5%), $11.05 million in FY2022 (-66.2%) and $32.73 million in FY2021 (+231.7%).
- The Q2 2026 figure stands as the highest quarterly Operating Expenses since Q1 2021.
- On a year-over-year basis, Operating Expenses has increased in each of the last 11 quarters, with growth averaging 142.8% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2025, with growth of 263.8%; the weakest was Q1 2022, with a decline of 88.6%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $16.57 million (Q1 2026), $16.45 million (Q4 2025) and $16.81 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | -9.70 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 6.54 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 18.20 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 6.68 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 2.09 Bn |
| 10 | Tenax Therapeutics | 85.48 Mn | 85.48 Mn | - | 18.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Tenax Therapeutics Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=TENX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "TENX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=TENX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();