Celcuity (CELC) Operating Expenses (2016 - 2025)

Celcuity has reported Operating Expenses for 10 years, with the latest figure at $49.2 million in Q4 2025.

• For the quarter ending Q4 2025, Operating Expenses rose 35.06% year-over-year to $49.2 million; the trailing twelve-month figure through Dec 2025 stood at $172.2 million (up 52.02% YoY), and the FY2025 full-year result was $172.2 million, up 52.02% from the prior year.
• Operating Expenses for Q4 2025 stood at $49.2 million, up from $42.8 million in the prior quarter.
• The five-year high for Operating Expenses was $49.2 million in Q4 2025, with the low at $2.8 million in Q1 2021.
• Historically, Operating Expenses has averaged $21.0 million across 5 years, with a median of $17.0 million in 2023.
• Annual changes were most pronounced in 2021 — Operating Expenses surged 516.25% — and 2022, when it fell 29.63%.
• Celcuity's Operating Expenses stood at $6.3 million in 2021, then surged by 84.14% to $11.6 million in 2022, then soared by 69.51% to $19.7 million in 2023, then jumped by 84.65% to $36.4 million in 2024, then jumped by 35.06% to $49.2 million in 2025.
• The last three Operating Expenses figures came in at $49.2 million (Q4 2025), $42.8 million (Q3 2025), and $44.0 million (Q2 2025), per Business Quant data.