Zura Bio (ZURA) Operating Expenses (2022 - 2026)

Zura Bio (ZURA) posted quarterly Operating Expenses of $25.5 million for Q1 2026, up 32.43% year-over-year from $19.3 million in Q1 2025, and up 38.5% quarter-over-quarter from $18.4 million in Q4 2025.

Zura Bio (ZURA) Operating Expenses (2022 - 2026) Analysis & Trends

Zura Bio's Operating Expenses history runs 5 years deep, the most recent figure standing at $25.5 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 32.43% year-over-year to $25.5 million; the TTM figure through Mar 2026 stood at $81.5 million (up 23.35% YoY), while the FY2025 annual figure was $75.2 million, up 36.34% from the prior year.
  • Operating Expenses for Q1 2026 stood at $25.5 million, up from $18.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $33.9 million in Q2 2023, with the low at $927000.0 in Q2 2022.
  • The 5-year median for Operating Expenses is $15.7 million (2024), against an average of $14.5 million.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 3557.5% in 2023, then slumped 65.32% in 2024.
  • Zura Bio's Operating Expenses stood at $17.3 million in 2022, then slumped by 37.59% to $10.8 million in 2023, then surged by 45.3% to $15.7 million in 2024, then advanced by 17.03% to $18.4 million in 2025, then surged by 38.5% to $25.5 million in 2026.
  • Business Quant data shows ZURA's Operating Expenses at $25.5 million in Q1 2026, $18.4 million in Q4 2025, and $19.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 2.09 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 3.00 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 2.89 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn - 505.13 Mn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 1.21 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn 4,978.15
7 Royalty Pharma 33.72 Bn 35.84 Bn - 541.02 Mn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 1.06 Bn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn 427.03 Mn
10 Zura Bio 706.30 Mn 706.30 Mn - 29.32 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 29.32 Mn
Mar 31, 2026 25.50 Mn
Dec 31, 2025 18.41 Mn
Sep 30, 2025 19.52 Mn
Jun 30, 2025 18.06 Mn
Mar 31, 2025 19.25 Mn
Dec 31, 2024 15.73 Mn
Sep 30, 2024 19.32 Mn
Jun 30, 2024 11.76 Mn
Mar 31, 2024 8.38 Mn
Dec 31, 2023 10.83 Mn
Sep 30, 2023 10.19 Mn
Jun 30, 2023 33.91 Mn
Mar 31, 2023 7.72 Mn
Dec 31, 2022 17.35 Mn
Sep 30, 2022 1.07 Mn
Jun 30, 2022 927,000.00
Mar 31, 2022 7.82 Mn