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

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

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

Adma Biologics has reported Operating Expenses for 13 years, with the latest figure at $26.1 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 4.22% year-over-year to $26.1 million; the trailing twelve-month figure through Dec 2025 stood at $101.3 million (up 25.76% YoY), and the FY2025 full-year result was $101.3 million, up 25.76% from the prior year.
  • Operating Expenses for Q4 2025 stood at $26.1 million, up from $24.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $26.2 million in Q1 2025, with the low at $13.4 million in Q1 2021.
  • Historically, Operating Expenses has averaged $19.2 million across 5 years, with a median of $17.8 million in 2023.
  • The largest YoY upside for Operating Expenses was 155.46% in 2021 against a maximum downside of 50.16% in 2021.
  • Adma Biologics' Operating Expenses stood at $16.7 million in 2021, then climbed by 21.15% to $20.2 million in 2022, then slipped by 16.72% to $16.9 million in 2023, then jumped by 48.4% to $25.0 million in 2024, then grew by 4.22% to $26.1 million in 2025.
  • The last three Operating Expenses figures came in at $26.1 million (Q4 2025), $24.6 million (Q3 2025), and $24.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 Adma Biologics 1.98 Bn 1.89 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