Humacyte (HUMA) Operating Expenses (2020 - 2026)
Humacyte's (HUMA) quarterly Operating Expenses came in at $27.4 million in Q2 2026, down 8.75% year-over-year from $30.0 million in Q2 2025, and down 6.89% quarter-over-quarter from $29.4 million in Q1 2026.
Analysis
Humacyte (HUMA) Operating Expenses (2020 - 2026) Analysis & Trends
Humacyte (HUMA) has reported Operating Expenses for 7 consecutive years, with $27.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 8.75% year-over-year to $27.4 million in Q2 2026; TTM through Jun 2026 was $113.3 million, a 1.1% increase from a year earlier, with the FY2025 full-year figure at $110.2 million, down 3.69% from the prior year.
- Operating Expenses was $27.4 million for Q2 2026 at Humacyte, down from $29.4 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 $26.0 million and a median of $26.4 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 34.79% in 2023 and declined 16.84% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $20.8 million in 2022, then rose by 25.94% to $26.2 million in 2023, then gained by 7.28% to $28.1 million in 2024, then gained by 11.45% to $31.3 million in 2025, then slipped by 12.46% to $27.4 million in 2026.
- The last three Operating Expenses figures came in at $27.4 million (Q2 2026), $29.4 million (Q1 2026), and $31.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Krystal Biotech | 10.22 Bn | 9.38 Bn | 112.79 Mn | 60.81 Mn |
| 2 | CRISPR Therapeutics AG | 5.03 Bn | 5.03 Bn | - | 127.45 Mn |
| 3 | Iovance Biotherapeutics | 3.65 Bn | 3.35 Bn | 55.72 Mn | 151.22 Mn |
| 4 | Legend Biotech | 3.54 Bn | 2.57 Bn | 251.50 Mn | -129.00 Mn |
| 5 | uniQure | 2.99 Bn | 2.99 Bn | 5.49 Mn | 51.68 Mn |
| 6 | Beam Therapeutics | 2.52 Bn | 2.52 Bn | - | 127.04 Mn |
| 7 | Precigen | 2.39 Bn | 2.39 Bn | 52.17 Mn | 32.34 Mn |
| 8 | Sarepta Therapeutics | 2.14 Bn | 1.35 Bn | 251.87 Mn | 387.96 Mn |
| 9 | Vericel | 1.93 Bn | 1.77 Bn | 56.40 Mn | 55.97 Mn |
| 10 | Humacyte | 134.44 Mn | 134.44 Mn | -825,000.00 | 27.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.40 Mn |
| 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 |