Celcuity (CELC) Research & Development (2016 - 2025)

Celcuity has reported Research & Development for 10 years, with the latest figure at $37.6 million in Q4 2025.

• For the quarter ending Q4 2025, Research & Development rose 12.43% year-over-year to $37.6 million; the trailing twelve-month figure through Dec 2025 stood at $109.8 million (up 5.34% YoY), and the FY2025 full-year result was $145.0 million, up 39.15% from the prior year.
• Research & Development for Q4 2025 stood at $37.6 million, up from $34.9 million in the prior quarter.
• The five-year high for Research & Development was $37.6 million in Q4 2025, with the low at $2.2 million in Q1 2021.
• Historically, Research & Development has averaged $16.8 million across 5 years, with a median of $13.4 million in 2021.
• Annual changes were most pronounced in 2021 — Research & Development jumped 640.0% — and 2025, when it plunged 77.78%.
• Celcuity's Research & Development stood at $5.5 million in 2021, then surged by 93.12% to $10.6 million in 2022, then soared by 70.51% to $18.1 million in 2023, then soared by 85.11% to $33.5 million in 2024, then increased by 12.43% to $37.6 million in 2025.
• The last three Research & Development figures came in at $37.6 million (Q4 2025), $34.9 million (Q3 2025), and $5.0 million (Q2 2025), per Business Quant data.