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| 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 |