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| 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 |