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

Zura Bio's (ZURA) quarterly Operating Expenses came in at $25.5 million in Q1 2026, up 32.43% year-on-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.

  • On a quarterly basis, Operating Expenses rose 32.43% year-over-year to $25.5 million in Q1 2026; TTM through Mar 2026 was $81.5 million, a 23.35% increase from a year earlier, with the FY2025 full-year figure at $75.2 million, up 36.34% from the prior year.
  • Operating Expenses grew to $25.5 million in Q1 2026 per ZURA's latest filing, from $18.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $33.9 million in Q2 2023 and bottomed 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.
  • Across the five-year window, Operating Expenses jumped 3557.5% in 2023 and tumbled 65.32% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $17.3 million in 2022, then sank by 37.59% to $10.8 million in 2023, then soared by 45.3% to $15.7 million in 2024, then climbed by 17.03% to $18.4 million in 2025, then soared by 38.5% to $25.5 million in 2026.
  • Per Business Quant, the three latest ZURA Operating Expenses figures stand at $25.5 million (Q1 2026), $18.4 million (Q4 2025), and $19.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Zura Bio 593.66 Mn 593.66 Mn - 25.50 Mn

Historic Data

Download Data
DateValue
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