Celcuity annual r&d spending
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Celcuity R&D Spending Growth & History (CELC)
Celcuity's r&d spending was $145.0M for fiscal 2025.
View full Celcuity company overviewCelcuity annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $145.0M | $40.8M | +39.15% |
| 2024 | 2024-12-31 | $104.2M | $43.6M | +71.97% |
| 2023 | 2023-12-31 | $60.6M | $25.3M | +71.71% |
| 2022 | 2022-12-31 | $35.3M | $9.5M | +37.00% |
| 2021 | 2021-12-31 | $25.8M | $18.1M | +235.24% |
| 2020 | 2020-12-31 | $7.7M | $1.4M | +22.56% |
| 2019 | 2019-12-31 | $6.3M | −$56,687 | −0.90% |
| 2018 | 2018-12-31 | $6.3M | $1.3M | +27.02% |
| 2017 | 2017-12-31 | $5.0M | $1.9M | +62.51% |
| 2016 | 2016-12-31 | $3.1M | — | — |
Celcuity quarterly r&d spending
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Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $31.1M | −$5.3M | −14.66% |
| Q1 2026 | 2026-03-31 | $33.1M | $3.3M | +11.10% |
| Q4 2025 | 2025-12-31 | $43.9M | $10.4M | +31.18% |
| Q3 2025 | 2025-09-30 | $34.9M | $7.3M | +26.56% |
| Q2 2025 | 2025-06-30 | $36.4M | $13.9M | +61.86% |
| Q1 2025 | 2025-03-31 | $29.8M | $9.1M | +44.13% |
| Q4 2024 | 2024-12-31 | $33.5M | $15.4M | +85.11% |
| Q3 2024 | 2024-09-30 | $27.6M | $10.1M | +57.75% |
| Q2 2024 | 2024-06-30 | $22.5M | $8.8M | +63.67% |
| Q1 2024 | 2024-03-31 | $20.6M | $9.4M | +83.07% |
| Q4 2023 | 2023-12-31 | $18.1M | $7.5M | +70.51% |
| Q3 2023 | 2023-09-30 | $17.5M | $7.9M | +81.76% |
| Q2 2023 | 2023-06-30 | $13.7M | $5.4M | +64.28% |
| Q1 2023 | 2023-03-31 | $11.3M | $4.6M | +68.43% |
| Q4 2022 | 2022-12-31 | $10.6M | $5.1M | +93.12% |
| Q3 2022 | 2022-09-30 | $9.6M | $4.7M | +93.96% |
| Q2 2022 | 2022-06-30 | $8.4M | −$4.7M | −35.98% |
| Q1 2022 | 2022-03-31 | $6.7M | $4.5M | +199.43% |
| Q4 2021 | 2021-12-31 | $5.5M | $3.4M | +160.58% |
| Q3 2021 | 2021-09-30 | $5.0M | $3.0M | +152.75% |
| Q2 2021 | 2021-06-30 | $13.1M | $11.3M | +640.00% |
| Q1 2021 | 2021-03-31 | $2.2M | $388,928 | +21.05% |
| Q4 2020 | 2020-12-31 | $2.1M | $610,249 | +40.76% |
| Q3 2020 | 2020-09-30 | $2.0M | $251,013 | +14.67% |
| Q2 2020 | 2020-06-30 | $1.8M | $296,496 | +20.17% |
| Q1 2020 | 2020-03-31 | $1.8M | $256,456 | +16.12% |
| Q4 2019 | 2019-12-31 | $1.5M | −$137,723 | −8.42% |
| Q3 2019 | 2019-09-30 | $1.7M | $112,552 | +7.04% |
| Q2 2019 | 2019-06-30 | $1.5M | −$76,806 | −4.97% |
| Q1 2019 | 2019-03-31 | $1.6M | $45,290 | +2.93% |
| Q4 2018 | 2018-12-31 | $1.6M | $231,699 | +16.51% |
| Q3 2018 | 2018-09-30 | $1.6M | $234,317 | +17.17% |
| Q2 2018 | 2018-06-30 | $1.5M | $242,651 | +18.61% |
| Q1 2018 | 2018-03-31 | $1.5M | $636,901 | +70.08% |
| Q4 2017 | 2017-12-31 | $1.4M | — | — |
| Q3 2017 | 2017-09-30 | $1.4M | $551,925 | +67.90% |
| Q2 2017 | 2017-06-30 | $1.3M | — | — |
| Q1 2017 | 2017-03-31 | $908,767 | — | — |
| Q3 2016 | 2016-09-30 | $812,803 | — | — |
Celcuity r&d spending trends
Over the last five fiscal years, Celcuity's r&d spending increased from $7.7M to $145.0M, a change of $137.3M. The latest reported quarter, Q2 2026, shows $31.1M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Celcuity source filings ↗