Century Therapeutics (IPSC) Operating Expenses (2020 - 2026)
Century Therapeutics (IPSC) posted quarterly Operating Expenses of $23.7 million for Q1 2026, down 32.31% year-over-year from $35.0 million in Q1 2025, and up 14.69% quarter-over-quarter from $20.7 million in Q4 2025.
Analysis
Century Therapeutics (IPSC) Operating Expenses (2020 - 2026) Analysis & Trends
Century Therapeutics (IPSC) has reported Operating Expenses for 7 consecutive years, with $23.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 32.31% year-over-year to $23.7 million; the TTM figure through Mar 2026 stood at $115.1 million (down 21.98% YoY), while the FY2025 annual figure was $126.4 million, down 12.64% from the prior year.
- Operating Expenses improved to $23.7 million in Q1 2026 per IPSC's latest filing, from $20.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $44.0 million in Q4 2023 and bottomed at $20.7 million in Q4 2025.
- Historically, Operating Expenses has averaged $34.3 million across 5 years, with a median of $35.0 million in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 113.12% — and 2025, when it slumped 50.19%.
- Century Therapeutics' Operating Expenses stood at $33.8 million in 2022, then jumped by 30.16% to $44.0 million in 2023, then dropped by 5.84% to $41.5 million in 2024, then plunged by 50.19% to $20.7 million in 2025, then increased by 14.69% to $23.7 million in 2026.
- Business Quant data shows IPSC's Operating Expenses at $23.7 million in Q1 2026, $20.7 million in Q4 2025, and $36.1 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -1.05 Bn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 960.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 505.13 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 1.21 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 541.02 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 427.03 Mn |
| 10 | Century Therapeutics | 440.37 Mn | 180.29 Mn | - | 36.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.53 Mn |
| Mar 31, 2026 | 23.68 Mn |
| Dec 31, 2025 | 20.65 Mn |
| Sep 30, 2025 | 36.12 Mn |
| Jun 30, 2025 | 34.66 Mn |
| Mar 31, 2025 | 34.99 Mn |
| Dec 31, 2024 | 41.46 Mn |
| Sep 30, 2024 | 35.58 Mn |
| Jun 30, 2024 | 35.53 Mn |
| Mar 31, 2024 | 32.16 Mn |
| Dec 31, 2023 | 44.03 Mn |
| Sep 30, 2023 | 35.77 Mn |
| Jun 30, 2023 | 35.18 Mn |
| Mar 31, 2023 | 33.80 Mn |
| Dec 31, 2022 | 33.83 Mn |
| Sep 30, 2022 | 33.96 Mn |
| Jun 30, 2022 | 32.75 Mn |
| Mar 31, 2022 | 38.49 Mn |
| Dec 31, 2021 | 27.97 Mn |
| Sep 30, 2021 | 25.83 Mn |