The latest data point for GEN's operating expenses in Q4'26 shows a total of $214M USD, comprising $104M in R&D expenses and $210M in SG&A expenses, reflecting a moderate increase from the previous quarter driven primarily by higher R&D spending. Over the period from Q1'24 to Q4'26, total operating expenses exhibited volatility with an overall upward trend, rising from $327M in Q1'24 to a peak of $480M in Q1'26 before stabilizing around $214M in Q4'26; R&D expenses declined initially from $90M to $77M through Q3'24, then rebounded steadily to $104M by Q4'26, while SG&A expenses fluctuated significantly, surging to $580M in Q2'24 and $371M in Q1'26 before dropping sharply to $210M in Q4'26, indicating potential cost optimization efforts in administrative functions.