Adma Biologics Operating Expenses Growth & History (ADMA)
Adma Biologics's operating expenses was $101.3M for fiscal 2025.
View full Adma Biologics company overviewAdma Biologics annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $101.3M | $20.8M | +25.76% |
| 2024 | 2024-12-31 | $80.6M | $13.3M | +19.70% |
| 2023 | 2023-12-31 | $67.3M | −$7.3M | −9.81% |
| 2022 | 2022-12-31 | $74.6M | $15.1M | +25.33% |
| 2021 | 2021-12-31 | $59.5M | $13.7M | +29.89% |
| 2020 | 2020-12-31 | $45.8M | −$24.9M | −35.23% |
| 2019 | 2019-12-31 | $70.8M | −$6.5M | −8.41% |
| 2018 | 2018-12-31 | $77.3M | $15.2M | +24.49% |
| 2017 | 2017-12-31 | $62.1M | $34.1M | +121.75% |
| 2016 | 2016-12-31 | $28.0M | $5.3M | +23.36% |
| 2015 | 2015-12-31 | $22.7M | $757,362 | +3.45% |
| 2014 | 2014-12-31 | $21.9M | $3.8M | +21.12% |
| 2013 | 2013-12-31 | $18.1M | $9.1M | +100.61% |
| 2012 | 2012-12-31 | $9.0M | $3.9M | +74.39% |
| 2011 | 2011-12-31 | $5.2M | — | — |
Adma Biologics quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $33.8M | $9.4M | +38.49% |
| Q1 2026 | 2026-03-31 | $22.5M | −$3.7M | −14.27% |
| Q4 2025 | 2025-12-31 | $26.1M | $1.1M | +4.21% |
| Q3 2025 | 2025-09-30 | $24.6M | $4.6M | +22.94% |
| Q2 2025 | 2025-06-30 | $24.4M | $6.2M | +33.84% |
| Q1 2025 | 2025-03-31 | $26.2M | $8.9M | +51.65% |
| Q4 2024 | 2024-12-31 | $25.0M | $8.2M | +48.40% |
| Q3 2024 | 2024-09-30 | $20.0M | $4.1M | +25.38% |
| Q2 2024 | 2024-06-30 | $18.3M | $1.1M | +6.35% |
| Q1 2024 | 2024-03-31 | $17.3M | −$39,000 | −0.23% |
| Q4 2023 | 2023-12-31 | $16.9M | −$3.4M | −16.72% |
| Q3 2023 | 2023-09-30 | $16.0M | −$3.0M | −15.84% |
| Q2 2023 | 2023-06-30 | $17.2M | $218,868 | +1.29% |
| Q1 2023 | 2023-03-31 | $17.3M | −$1.2M | −6.23% |
| Q4 2022 | 2022-12-31 | $20.2M | $3.5M | +21.15% |
| Q3 2022 | 2022-09-30 | $19.0M | $4.2M | +28.00% |
| Q2 2022 | 2022-06-30 | $16.9M | $2.4M | +16.22% |
| Q1 2022 | 2022-03-31 | $18.5M | $5.0M | +37.45% |
| Q4 2021 | 2021-12-31 | $16.7M | $4.6M | +38.44% |
| Q3 2021 | 2021-09-30 | $14.8M | −$9.3M | −38.44% |
| Q2 2021 | 2021-06-30 | $14.6M | −$10.3M | −41.48% |
| Q1 2021 | 2021-03-31 | $13.4M | −$13.5M | −50.16% |
| Q4 2020 | 2020-12-31 | $12.1M | −$7.8M | −39.26% |
| Q3 2020 | 2020-09-30 | $24.1M | $7.8M | +47.96% |
| Q2 2020 | 2020-06-30 | $24.9M | $7.0M | +39.17% |
| Q1 2020 | 2020-03-31 | $27.0M | $10.2M | +61.14% |
| Q4 2019 | 2019-12-31 | $19.9M | −$740,226 | −3.59% |
| Q3 2019 | 2019-09-30 | $16.3M | −$1.7M | −9.70% |
| Q2 2019 | 2019-06-30 | $17.9M | −$174,315 | −0.96% |
| Q1 2019 | 2019-03-31 | $16.7M | −$3.8M | −18.65% |
| Q4 2018 | 2018-12-31 | $20.6M | −$1.9M | −8.61% |
| Q3 2018 | 2018-09-30 | $18.0M | −$1.1M | −5.93% |
| Q2 2018 | 2018-06-30 | $18.1M | $6.3M | +53.15% |
| Q1 2018 | 2018-03-31 | $20.6M | $12.0M | +140.19% |
| Q4 2017 | 2017-12-31 | $22.5M | $15.3M | +210.06% |
| Q3 2017 | 2017-09-30 | $19.2M | $12.5M | +187.01% |
| Q2 2017 | 2017-06-30 | $11.8M | $4.0M | +52.03% |
| Q1 2017 | 2017-03-31 | $8.6M | $2.3M | +36.35% |
| Q4 2016 | 2016-12-31 | $7.3M | $628,833 | +9.47% |
| Q3 2016 | 2016-09-30 | $6.7M | $158,124 | +2.43% |
| Q2 2016 | 2016-06-30 | $7.8M | $2.9M | +60.83% |
| Q1 2016 | 2016-03-31 | $6.3M | $1.6M | +33.51% |
| Q4 2015 | 2015-12-31 | $6.6M | $1.4M | +27.80% |
| Q3 2015 | 2015-09-30 | $6.5M | $2.1M | +47.96% |
| Q2 2015 | 2015-06-30 | $4.8M | −$261,101 | −5.13% |
| Q1 2015 | 2015-03-31 | $4.7M | −$2.5M | −35.05% |
| Q4 2014 | 2014-12-31 | $5.2M | $255,407 | +5.17% |
| Q3 2014 | 2014-09-30 | $4.4M | $765,900 | +21.05% |
| Q2 2014 | 2014-06-30 | $5.1M | −$498,758 | −8.93% |
| Q1 2014 | 2014-03-31 | $7.2M | $3.3M | +83.73% |
| Q4 2013 | 2013-12-31 | $4.9M | — | — |
| Q3 2013 | 2013-09-30 | $3.6M | $29,154 | +0.81% |
| Q2 2013 | 2013-06-30 | $5.6M | $4.1M | +288.85% |
| Q1 2013 | 2013-03-31 | $3.9M | $2.7M | +224.34% |
| Q3 2012 | 2012-09-30 | $3.6M | $2.8M | +369.84% |
| Q2 2012 · Jun 30 | 2012-06-30 | $1.4M | −$710,866 | −33.10% |
| Q1 2012 | 2012-03-31 | $1.2M | −$369,941 | −23.33% |
| Q4 2011 | 2011-12-31 | $8,329 | $3,100 | +59.28% |
| Q3 2011 · Sep 30 | 2011-09-30 | $768,164 | $763,520 | +16441.00% |
| Q2 2011 | 2011-06-30 | $2.1M | — | — |
| Q1 2011 | 2011-03-31 | $1.6M | — | — |
| Q2 2012 · Dec 31 | 2010-12-31 | $5,229 | — | — |
| Q3 2011 · Sep 30 | 2010-09-30 | $4,644 | — | — |
Adma Biologics operating expenses trends
Over the last five fiscal years, Adma Biologics's operating expenses increased from $45.8M to $101.3M, a change of $55.5M. The latest reported quarter, Q2 2026, shows $33.8M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Adma Biologics source filings ↗