Arcellx (ACLX) Operating Expenses (2021 - 2025)

Arcellx's 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 has reported Operating Expenses for 5 years, with the latest figure at $65.3 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses fell 4.5% year-over-year to $65.3 million; the trailing twelve-month figure through Dec 2025 stood at $275.4 million (up 12.16% YoY), and the FY2025 full-year result was $275.4 million, up 12.16% from the prior year.
  • Operating Expenses for Q4 2025 stood at $65.3 million, down from $66.7 million in the prior quarter.
  • The five-year high for Operating Expenses was $93.9 million in Q3 2022, with the low at $11.3 million in Q1 2021.
  • Average Operating Expenses over 5 years is $48.9 million, with a median of $51.7 million recorded in 2023.
  • Year-over-year, Operating Expenses surged 448.66% in 2022 and plunged 36.28% in 2023.
  • Tracing ACLX's Operating Expenses over 5 years: stood at $20.7 million in 2021, then soared by 93.27% to $40.0 million in 2022, then increased by 20.36% to $48.1 million in 2023, then jumped by 42.1% to $68.4 million in 2024, then slipped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - 2.97 Mn
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - 4.33 Mn
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -138.30 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 15.76 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 1.85 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -3.82 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 2.96 Bn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 898.54 Mn
10 Arcellx 6.48 Bn 6.48 Bn - 65.34 Mn

Historic Data

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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