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

Lineage Cell Therapeutics' (LCTX) quarterly Operating Expenses came in at $9.3 million in Q1 2026, up 16.37% year-on-year 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' Operating Expenses history runs 17 years deep, the most recent figure standing at $9.3 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 16.37% year-over-year to $9.3 million in Q1 2026; TTM through Mar 2026 was $52.5 million, a 69.97% increase from a year earlier, with the FY2025 full-year figure at $51.2 million, up 65.2% from the prior year.
  • Operating Expenses declined to $9.3 million in Q1 2026 per LCTX's latest filing, from $13.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $22.5 million in Q2 2025 and bottomed at $7.3 million in Q2 2024.
  • The 5-year median for Operating Expenses is $8.2 million (2023), against an average of $9.5 million.
  • Across the five-year window, Operating Expenses plunged 71.06% in 2022 and jumped 209.9% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $8.5 million in 2022, then declined by 3.05% to $8.2 million in 2023, then decreased by 2.64% to $8.0 million in 2024, then jumped by 64.9% to $13.2 million in 2025, then fell by 29.17% to $9.3 million in 2026.
  • Per Business Quant, the three latest LCTX Operating Expenses figures stand at $9.3 million (Q1 2026), $13.2 million (Q4 2025), and $7.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -28.01 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 1.10 Bn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -919.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 445.22 Mn
10 Lineage Cell Therapeutics 251.15 Mn 188.44 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