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| Date | Value |
|---|---|
| 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 |