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

Turn Therapeutics' (TTRX) 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 (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.

  • On a quarterly basis, Operating Expenses rose 223.68% year-over-year to $1.2 million in Q1 2026; TTM through Mar 2026 was $5.7 million, a N/A change from a year earlier, with the FY2025 full-year figure at $5.9 million, up 226.0% from the prior year.
  • Operating Expenses slipped to $1.2 million in Q1 2026 per TTRX's latest filing, from $2.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $2.2 million in Q4 2025 and bottomed at $328957.0 in Q4 2024.
  • The 3-year median for Operating Expenses is $959567.5 (2024), against an average of $1.1 million.
  • Biggest YoY gain for Operating Expenses was 566.83% in 2025; the steepest drop was 184.34% in 2025.
  • Year by year, Operating Expenses stood at $328957.0 in 2024, then soared by 566.83% to $2.2 million in 2025, then tumbled by 43.19% to $1.2 million in 2026.
  • Per Business Quant, the three latest TTRX Operating Expenses figures stand at $1.2 million (Q1 2026), $2.2 million (Q4 2025), and $1.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -28.01 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 1.10 Bn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -919.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 445.22 Mn
10 Turn Therapeutics 253.20 Mn 253.20 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