Arcellx (ACLX) Operating Expenses (2021 - 2025)

Arcellx's (ACLX) quarterly Operating Expenses came in at $65.3 million in Q4 2025, down 4.5% year-on-year from $68.4 million in Q4 2024, and down 2.08% quarter-over-quarter from $66.7 million in Q3 2025.

Arcellx (ACLX) Operating Expenses (2021 - 2025) Analysis & Trends

Arcellx's Operating Expenses history runs 5 years deep, the most recent figure standing at $65.3 million for Q4 2025.

  • On a quarterly basis, Operating Expenses fell 4.5% year-over-year to $65.3 million in Q4 2025; TTM through Dec 2025 was $275.4 million, a 12.16% increase from a year earlier, with the FY2025 full-year figure at $275.4 million, up 12.16% from the prior year.
  • Operating Expenses declined to $65.3 million in Q4 2025 per ACLX's latest filing, from $66.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $93.9 million in Q3 2022 and bottomed at $11.3 million in Q1 2021.
  • The 5-year median for Operating Expenses is $51.7 million (2023), against an average of $48.9 million.
  • Across the five-year window, Operating Expenses surged 448.66% in 2022 and plunged 36.28% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $20.7 million in 2021, then surged by 93.27% to $40.0 million in 2022, then grew by 20.36% to $48.1 million in 2023, then soared by 42.1% to $68.4 million in 2024, then decreased by 4.5% to $65.3 million in 2025.
  • Per Business Quant, the three latest ACLX Operating Expenses figures stand at $65.3 million (Q4 2025), $66.7 million (Q3 2025), and $66.3 million (Q2 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 Arcellx 6.48 Bn 6.48 Bn - 65.34 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 65.34 Mn
Sep 30, 2025 66.73 Mn
Jun 30, 2025 66.28 Mn
Mar 31, 2025 77.03 Mn
Dec 31, 2024 68.42 Mn
Sep 30, 2024 59.65 Mn
Jun 30, 2024 62.38 Mn
Mar 31, 2024 55.07 Mn
Dec 31, 2023 48.15 Mn
Sep 30, 2023 59.82 Mn
Jun 30, 2023 43.86 Mn
Mar 31, 2023 48.37 Mn
Dec 31, 2022 40.00 Mn
Sep 30, 2022 93.88 Mn
Jun 30, 2022 31.29 Mn
Mar 31, 2022 26.09 Mn
Dec 31, 2021 20.70 Mn
Sep 30, 2021 17.11 Mn
Jun 30, 2021 15.93 Mn
Mar 31, 2021 11.28 Mn