Adma Biologics (ADMA) Operating Expenses (2011 - 2026)
Adma Biologics' (ADMA) quarterly Operating Expenses came in at $26.1 million in Q4 2025, up 4.22% YoY from $25.0 million in Q4 2024, and up 5.9% on a QoQ basis from $24.6 million in Q3 2025.
Analysis
Adma Biologics (ADMA) Operating Expenses (2011 - 2026) Analysis & Trends
Adma Biologics (ADMA) has 13 years of Operating Expenses data on file, last reported at $26.1 million in 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 rose to $26.1 million in Q4 2025, from $24.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $26.2 million in Q1 2025 to a low of $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.
- The widest YoY moves for Operating Expenses: up 155.46% in 2021, down 50.16% in 2021.
- Tracing ADMA's Operating Expenses over 5 years: 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.62 Bn | 131.77 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.73 Bn | 77.73 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 63.53 Bn | 58.35 Bn | 1.37 Bn | -1.05 Bn |
| 4 | Moderna | 58.23 Bn | 53.09 Bn | 52.00 Mn | 960.00 Mn |
| 5 | Revolution Medicines | 44.05 Bn | 44.05 Bn | - | 505.13 Mn |
| 6 | BeOne Medicines | 40.03 Bn | 34.93 Bn | 1.53 Bn | 1.21 Bn |
| 7 | Alnylam Pharmaceuticals | 35.50 Bn | 32.19 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Royalty Pharma | 28.52 Bn | 27.68 Bn | - | 541.02 Mn |
| 9 | Insmed | 27.46 Bn | 26.30 Bn | 358.27 Mn | 427.03 Mn |
| 10 | Adma Biologics | 2.18 Bn | 2.04 Bn | 86.28 Mn | 33.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.83 Mn |
| Mar 31, 2026 | 22.48 Mn |
| 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 |