Ocugen (OCGN) Operating Expenses (2014 - 2026)

Ocugen has reported Operating Expenses for 13 years, with the latest figure at $19.4 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 21.21% year-over-year to $19.4 million; the trailing twelve-month figure through Mar 2026 stood at $70.7 million (up 14.87% YoY), and the FY2025 full-year result was $67.3 million, up 14.48% from the prior year.
• Operating Expenses for Q1 2026 stood at $19.4 million, up from $16.8 million in the prior quarter.
• The five-year high for Operating Expenses was $25.6 million in Q3 2022, with the low at $12.9 million in Q4 2023.
• Historically, Operating Expenses has averaged $18.2 million across 5 years, with a median of $16.8 million in 2025.
• Annual changes were most pronounced in 2022 — Operating Expenses jumped 176.75% — and 2023, when it slumped 46.63%.
• Ocugen's Operating Expenses stood at $24.2 million in 2022, then tumbled by 46.63% to $12.9 million in 2023, then climbed by 12.91% to $14.6 million in 2024, then advanced by 15.05% to $16.8 million in 2025, then advanced by 15.3% to $19.4 million in 2026.
• The last three Operating Expenses figures came in at $19.4 million (Q1 2026), $16.8 million (Q4 2025), and $19.4 million (Q3 2025), per Business Quant data.