Ocugen (OCGN) Operating Expenses (2014 - 2026)

Ocugen's Operating Expenses history runs 13 years deep, the most recent figure standing at $19.4 million for Q1 2026.

• Quarterly Operating Expenses rose 21.21% year-over-year to $19.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $70.7 million (up 14.87% YoY) and the FY2025 annual result came in at $67.3 million, up 14.48% from the prior year.
• Operating Expenses was $19.4 million for Q1 2026 at Ocugen, up from $16.8 million in the prior quarter.
• Across five years, Operating Expenses topped out at $25.6 million in Q3 2022 and bottomed at $12.9 million in Q4 2023.
• A 5-year average of $18.2 million and a median of $16.8 million in 2025 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2022 — Operating Expenses jumped 176.75% — and 2023, when it sank 46.63%.
• Ocugen's Operating Expenses stood at $24.2 million in 2022, then sank by 46.63% to $12.9 million in 2023, then increased by 12.91% to $14.6 million in 2024, then grew by 15.05% to $16.8 million in 2025, then grew by 15.3% to $19.4 million in 2026.
• Business Quant data shows OCGN's Operating Expenses at $19.4 million in Q1 2026, $16.8 million in Q4 2025, and $19.4 million in Q3 2025.