Calidi Biotherapeutics (CLDI) Operating Expenses (2022 - 2026)
Calidi Biotherapeutics' Operating Expenses came in at $4.15 million for Q2 2026, down 26.7% from $5.66 million a year earlier.
Powered by 
Analysis
Calidi Biotherapeutics (CLDI) Operating Expenses (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Calidi Biotherapeutics reported Operating Expenses of $19.33 million, down 3.3% year-over-year; for FY2025, it came in at $20.24 million, down 7.1% from FY2024.
- Operating Expenses carries a four-year compound annual growth rate of 83.6% (FY2021 to FY2025).
- Going back by year, Operating Expenses was $21.78 million in FY2024 (-24.9%), $28.99 million in FY2023 (+25.1%), $23.17 million in FY2022 and $1.78 million in FY2021.
- The Q2 2026 figure represents the lowest quarterly Operating Expenses since Q4 2024.
- Year-over-year, Operating Expenses increased in 1 of the last seven quarters, with an average decline of 19.0%.
- The fastest year-over-year change in Operating Expenses over five years came in Q1 2023 (growth of 923.7%), and the weakest in Q4 2024 (a decline of 59.0%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | -9.70 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 6.54 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 18.20 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 6.68 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 2.09 Bn |
| 10 | Calidi Biotherapeutics | 1.50 Mn | -23.88 Mn | - | 4.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.15 Mn |
| Dec 31, 2025 | 4.47 Mn |
| Sep 30, 2025 | 5.05 Mn |
| Jun 30, 2025 | 5.66 Mn |
| Mar 31, 2025 | 5.06 Mn |
| Dec 31, 2024 | 4.03 Mn |
| Sep 30, 2024 | 5.23 Mn |
| Jun 30, 2024 | 5.77 Mn |
| Mar 31, 2024 | 6.75 Mn |
| Dec 31, 2023 | 9.82 Mn |
| Sep 30, 2023 | 7.22 Mn |
| Jun 30, 2023 | 6.54 Mn |
| Mar 31, 2023 | 5.41 Mn |
| Dec 31, 2022 | 4.69 Mn |
| Sep 30, 2022 | 6.99 Mn |
| Jun 30, 2022 | 361,622.00 |
| Mar 31, 2022 | 528,858.00 |
API Access
Calidi Biotherapeutics Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CLDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CLDI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CLDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();