Adma Biologics (ADMA) Operating Expenses (2011 - 2025)

Adma Biologics (ADMA) posted Operating Expenses of $26.1 million for Q4 2025, up 5.9% on a QoQ basis from $24.6 million in Q3 2025, and up 4.22% year-over-year from $25.0 million in Q4 2024.

Adma Biologics (ADMA) Operating Expenses (2011 - 2025) Analysis & Trends

Adma Biologics' Operating Expenses history runs 13 years deep, the most recent figure standing at $26.1 million for Q4 2025.

  • Quarterly Operating Expenses rose 4.22% year-over-year to $26.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $101.3 million (up 25.76% YoY) and the FY2025 annual result came in at $101.3 million, up 25.76% from the prior year.
  • Operating Expenses was $26.1 million for Q4 2025 at Adma Biologics, up from $24.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $26.2 million in Q1 2025 and bottomed at $13.4 million in Q1 2021.
  • A 5-year average of $19.2 million and a median of $17.8 million in 2023 frame the typical range for Operating Expenses.
  • Peak annual rise in Operating Expenses reached 155.46% in 2021, while the deepest fall reached 50.16% in 2021.
  • Adma Biologics' Operating Expenses stood at $16.7 million in 2021, then increased by 21.15% to $20.2 million in 2022, then declined by 16.72% to $16.9 million in 2023, then soared by 48.4% to $25.0 million in 2024, then rose by 4.22% to $26.1 million in 2025.
  • Business Quant data shows ADMA's Operating Expenses at $26.1 million in Q4 2025, $24.6 million in Q3 2025, and $24.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Adma Biologics 1.99 Bn 1.91 Bn 88.82 Mn 26.07 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 26.07 Mn
Sep 30, 2025 24.61 Mn
Jun 30, 2025 24.43 Mn
Mar 31, 2025 26.22 Mn
Dec 31, 2024 25.01 Mn
Sep 30, 2024 20.02 Mn
Jun 30, 2024 18.25 Mn
Mar 31, 2024 17.29 Mn
Dec 31, 2023 16.85 Mn
Sep 30, 2023 15.97 Mn
Jun 30, 2023 17.16 Mn
Mar 31, 2023 17.33 Mn
Dec 31, 2022 20.24 Mn
Sep 30, 2022 18.97 Mn
Jun 30, 2022 16.94 Mn
Mar 31, 2022 18.48 Mn
Dec 31, 2021 16.70 Mn
Sep 30, 2021 14.82 Mn
Jun 30, 2021 14.58 Mn
Mar 31, 2021 13.44 Mn