Humacyte (HUMA) Operating Expenses (2020 - 2026)

Humacyte (HUMA) reported Operating Expenses of $29.4 million for Q1 2026, up 24.17% year-over-year from $23.7 million in Q1 2025, and down 5.98% quarter-over-quarter from $31.3 million in Q4 2025.

Humacyte (HUMA) Operating Expenses (2020 - 2026) Analysis & Trends

Humacyte (HUMA) has 7 years of Operating Expenses data on file, last reported at $29.4 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $29.4 million, up 24.17% year-over-year; the trailing twelve-month figure through Mar 2026 was $115.9 million (up 3.93% YoY), and the FY2025 annual result was $110.2 million, down 3.69% from the prior year.
  • Operating Expenses declined to $29.4 million in Q1 2026 per HUMA's latest filing, from $31.3 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $31.3 million in Q4 2025 and troughed at $19.8 million in Q2 2022.
  • A 5-year average of $25.9 million and a median of $26.2 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses soared 34.79% in 2023, then fell 16.84% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $20.8 million in 2022, then gained by 25.94% to $26.2 million in 2023, then advanced by 7.28% to $28.1 million in 2024, then advanced by 11.45% to $31.3 million in 2025, then retreated by 5.98% to $29.4 million in 2026.
  • Business Quant data shows HUMA's Operating Expenses at $29.4 million in Q1 2026, $31.3 million in Q4 2025, and $25.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 723,416.35 Bn 723,416.32 Bn - 4.33 Mn
2 Belite Bio 57,340.00 Bn 57,340.00 Bn - 32.68 Mn
3 Quantum Biopharma 19,125.08 Bn 19,125.08 Bn - 2.97 Mn
4 Legend Biotech 3,262.00 Bn 3,261.71 Bn 242.10 Mn -138.30 Mn
5 Akari Therapeutics 1,789.67 Bn 1,789.67 Bn - 15.76 Mn
6 Evaxion A 1,480.39 Bn 1,480.37 Bn - -3.82 Mn
7 Psyence Biomedical 241.78 Bn 241.78 Bn - 574,669.00
8 Vertex Pharmaceuticals 113.54 Bn 106.29 Bn 2.59 Bn 1.85 Bn
9 Abivax 94.26 Bn 94.26 Bn - -67.40 Mn
10 Humacyte 267.09 Mn 218.55 Mn -1.54 Mn 29.43 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 29.43 Mn
Dec 31, 2025 31.30 Mn
Sep 30, 2025 25.14 Mn
Jun 30, 2025 30.03 Mn
Mar 31, 2025 23.70 Mn
Dec 31, 2024 28.09 Mn
Sep 30, 2024 30.23 Mn
Jun 30, 2024 29.50 Mn
Mar 31, 2024 26.58 Mn
Dec 31, 2023 26.18 Mn
Sep 30, 2023 24.62 Mn
Jun 30, 2023 26.73 Mn
Mar 31, 2023 22.51 Mn
Dec 31, 2022 20.79 Mn
Sep 30, 2022 23.53 Mn
Jun 30, 2022 19.83 Mn
Mar 31, 2022 22.00 Mn
Dec 31, 2021 21.80 Mn
Sep 30, 2021 20.78 Mn
Jun 30, 2021 19.96 Mn