Arcellx (ACLX) Research & Development (2021 - 2025)

Arcellx's (ACLX) quarterly Research & Development came in at $34.1 million in Q4 2025, down 23.64% year-on-year from $44.6 million in Q4 2024, and down 2.83% quarter-over-quarter from $35.1 million in Q3 2025.

Arcellx (ACLX) Research & Development (2021 - 2025) Analysis & Trends

Arcellx's Research & Development history runs 5 years deep, the most recent figure standing at $34.1 million for Q4 2025.

  • On a quarterly basis, Research & Development fell 23.64% year-over-year to $34.1 million in Q4 2025; TTM through Dec 2025 was $157.6 million, a 0.33% change from a year earlier, with the FY2025 full-year figure at $157.6 million, changed 0.33% from the prior year.
  • Research & Development slipped to $34.1 million in Q4 2025 per ACLX's latest filing, from $35.1 million in the prior quarter.
  • Across five years, Research & Development topped out at $83.5 million in Q3 2022 and bottomed at $8.5 million in Q1 2021.
  • The 5-year median for Research & Development is $32.6 million (2023), against an average of $32.2 million.
  • Across the five-year window, Research & Development surged 577.27% in 2022 and slumped 47.52% in 2023, its largest moves.
  • Year by year, Research & Development stood at $13.4 million in 2021, then jumped by 93.69% to $25.9 million in 2022, then climbed by 10.95% to $28.8 million in 2023, then soared by 55.12% to $44.6 million in 2024, then decreased by 23.64% to $34.1 million in 2025.
  • Per Business Quant, the three latest ACLX Research & Development figures stand at $34.1 million (Q4 2025), $35.1 million (Q3 2025), and $37.6 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -17.94 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 1.46 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 541.22 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 15.66 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -443.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 343.97 Mn
10 Arcellx 6.48 Bn 6.48 Bn - 34.10 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 34.10 Mn
Sep 30, 2025 35.09 Mn
Jun 30, 2025 37.63 Mn
Mar 31, 2025 50.80 Mn
Dec 31, 2024 44.65 Mn
Sep 30, 2024 39.17 Mn
Jun 30, 2024 40.95 Mn
Mar 31, 2024 32.32 Mn
Dec 31, 2023 28.78 Mn
Sep 30, 2023 43.81 Mn
Jun 30, 2023 28.33 Mn
Mar 31, 2023 32.93 Mn
Dec 31, 2022 25.94 Mn
Sep 30, 2022 83.47 Mn
Jun 30, 2022 22.08 Mn
Mar 31, 2022 18.06 Mn
Dec 31, 2021 13.39 Mn
Sep 30, 2021 12.33 Mn
Jun 30, 2021 12.64 Mn
Mar 31, 2021 8.52 Mn