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| Date | Value |
|---|---|
| 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 |