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| 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 |