Lineage Cell Therapeutics (LCTX) Operating Expenses (2010 - 2026)

Lineage Cell Therapeutics (LCTX) reported Operating Expenses of $9.3 million for Q1 2026, up 16.37% on a YoY basis from $8.0 million in Q1 2025, and down 29.17% quarter-over-quarter from $13.2 million in Q4 2025.

Lineage Cell Therapeutics (LCTX) Operating Expenses (2010 - 2026) Analysis & Trends

Lineage Cell Therapeutics has reported Operating Expenses for 17 years, with the latest figure at $9.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 16.37% year-over-year to $9.3 million; the trailing twelve-month figure through Mar 2026 stood at $52.5 million (up 69.97% YoY), and the FY2025 full-year result was $51.2 million, up 65.2% from the prior year.
  • Operating Expenses for Q1 2026 stood at $9.3 million, down from $13.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $22.5 million in Q2 2025, with the low at $7.3 million in Q2 2024.
  • Historically, Operating Expenses has averaged $9.5 million across 5 years, with a median of $8.2 million in 2023.
  • Annual changes were most pronounced in 2022 — Operating Expenses plunged 71.06% — and 2025, when it surged 209.9%.
  • Lineage Cell Therapeutics' Operating Expenses stood at $8.5 million in 2022, then dropped by 3.05% to $8.2 million in 2023, then retreated by 2.64% to $8.0 million in 2024, then soared by 64.9% to $13.2 million in 2025, then declined by 29.17% to $9.3 million in 2026.
  • The last three Operating Expenses figures came in at $9.3 million (Q1 2026), $13.2 million (Q4 2025), and $7.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 Lineage Cell Therapeutics 303.84 Mn 239.94 Mn 1.73 Mn 9.32 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 9.32 Mn
Dec 31, 2025 13.16 Mn
Sep 30, 2025 7.47 Mn
Jun 30, 2025 22.55 Mn
Mar 31, 2025 8.01 Mn
Dec 31, 2024 7.98 Mn
Sep 30, 2024 7.62 Mn
Jun 30, 2024 7.28 Mn
Mar 31, 2024 8.11 Mn
Dec 31, 2023 8.19 Mn
Sep 30, 2023 7.95 Mn
Jun 30, 2023 8.25 Mn
Mar 31, 2023 9.03 Mn
Dec 31, 2022 8.45 Mn
Sep 30, 2022 8.01 Mn
Jun 30, 2022 8.57 Mn
Mar 31, 2022 11.46 Mn
Dec 31, 2021 29.20 Mn
Sep 30, 2021 8.13 Mn
Jun 30, 2021 7.47 Mn