Arcellx (ACLX) Operating Expenses (2021 - 2025)

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

• In Q4 2025, Operating Expenses fell 4.5% year-over-year to $65.3 million; the TTM figure through Dec 2025 stood at $275.4 million (up 12.16% YoY), while the FY2025 annual figure was $275.4 million, up 12.16% from the prior year.
• Operating Expenses was $65.3 million for Q4 2025 at Arcellx, down from $66.7 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $93.9 million in Q3 2022 to a low of $11.3 million in Q1 2021.
• Historically, Operating Expenses has averaged $48.9 million across 5 years, with a median of $51.7 million in 2023.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 448.66% in 2022, then plunged 36.28% in 2023.
• A 5-year view of Operating Expenses shows it 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.
• The last three Operating Expenses figures came in at $65.3 million (Q4 2025), $66.7 million (Q3 2025), and $66.3 million (Q2 2025), per Business Quant data.