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
Download Data| Date | Value |
|---|---|
| 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 |