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

Turn Therapeutics (TTRX) recorded quarterly Operating Expenses of $1.2 million in Q1 2026, down 43.19% quarter-over-quarter from $2.2 million in Q4 2025, and up 223.68% on a YoY basis from $384997.0 in Q1 2025.

Turn Therapeutics (TTRX) Operating Expenses (2024 - 2026) Analysis & Trends

Turn Therapeutics' Operating Expenses history runs 3 years deep, the most recent figure standing at $1.2 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 223.68% year-over-year to $1.2 million; the TTM figure through Mar 2026 stood at $5.7 million (changed N/A YoY), while the FY2025 annual figure was $5.9 million, up 226.0% from the prior year.
  • Operating Expenses was $1.2 million for Q1 2026 at Turn Therapeutics, down from $2.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $2.2 million in Q4 2025 to a low of $328957.0 in Q4 2024.
  • Historically, Operating Expenses has averaged $1.1 million across 3 years, with a median of $959567.5 in 2024.
  • Biggest YoY gain for Operating Expenses was 566.83% in 2025; the steepest drop was 184.34% in 2025.
  • A 3-year view of Operating Expenses shows it stood at $328957.0 in 2024, then soared by 566.83% to $2.2 million in 2025, then sank 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 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 Turn Therapeutics 175.38 Mn 175.38 Mn - 1.25 Mn

Historic Data

Download Data
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