Turn Therapeutics (TTRX) Operating Expenses (2024 - 2026)

Turn Therapeutics' quarterly Operating Expenses came in at $1.2 million in Q1 2026, up 223.68% year-on-year from $384997.0 in Q1 2025, and down 43.19% quarter-over-quarter from $2.2 million in Q4 2025.

Turn Therapeutics has reported Operating Expenses for 3 years, with the latest figure at $1.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 223.68% year-over-year to $1.2 million; the trailing twelve-month figure through Mar 2026 stood at $5.7 million (changed N/A YoY), and the FY2025 full-year result was $5.9 million, up 226.0% from the prior year.
  • Operating Expenses for Q1 2026 stood at $1.2 million, down from $2.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $2.2 million in Q4 2025, with the low at $328957.0 in Q4 2024.
  • Average Operating Expenses over 3 years is $1.1 million, with a median of $959567.5 recorded in 2024.
  • Peak annual rise in Operating Expenses reached 566.83% in 2025, while the deepest fall reached 184.34% in 2025.
  • Tracing TTRX's Operating Expenses over 3 years: stood at $328957.0 in 2024, then jumped by 566.83% to $2.2 million in 2025, then plunged by 43.19% to $1.2 million in 2026.
  • The last three Operating Expenses figures came in at $1.2 million (Q1 2026), $2.2 million (Q4 2025), and $1.9 million (Q3 2025), per Business Quant data.

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 Turn Therapeutics 188.06 Mn 188.06 Mn - 1.25 Mn

Historic Data

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DateValue
Mar 31, 2026 1.25 Mn
Dec 31, 2025 2.19 Mn
Sep 30, 2025 1.91 Mn
Mar 31, 2025 384,997.00
Dec 31, 2024 328,957.00
Sep 30, 2024 672,992.00