What is Celcuity's R&D?

Celcuity (CELC) reported R&D of $33.06M in Q1 2026.

How has Celcuity's R&D changed year-over-year?

Celcuity's R&D increased by 11.1% year-over-year, from $29.76M to $33.06M.

What is the long-term trend for Celcuity's R&D?

Over 4 years (2021 to 2025), Celcuity's R&D has grown at a 53.4% compound annual growth rate (CAGR), from $25.76M to $142.53M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Celcuity CELC R&D

R&D at other companies

Eli LillyLLY

$3.51B+28.4%

BridgeBio PharmaBBIO

$126.64M+13.6%

Cogent Biosciences, Inc.COGT

$75.37M+19.6%

Tango TherapeuticsTNGX

$33.53M-8.0%

CG OncologyCGON

$43.73M+59.2%

CRISPR TherapeuticsCRSP

$68.57M-5.4%

Other financials

Income statement

See full

Operating income-$50.5M-39.8%

Net income-$52.8M-42.8%

EPS (diluted)-$0.97-12.8%

Balance sheet

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Cash & equivalents$145.2M+781%

Total debt$137.9M+30.7%

Total equity$53.5M-38.2%

Total assets$410.2M+88.0%

Cash flow

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Operating cash flow-$55.1M-53.6%

CapEx$249.0K+315%

Free cash flow-$55.3M-54.0%

Valuation

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Market cap$4.28B+1,370%

Enterprise value$4.27B+1,086%

Returns & leverage

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Return on equity-275.2%-990pp

Debt / equity2.6×+1.4×

Current ratio12.3×+5.7×

Where this comes from

Reported directly by Celcuity in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Celcuity’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Celcuity's R&D?: Celcuity (CELC) reported R&D of $33.06M in Q1 2026.
How has Celcuity's R&D changed year-over-year?: Celcuity's R&D increased by 11.1% year-over-year, from $29.76M to $33.06M.
What is the long-term trend for Celcuity's R&D?: Over 4 years (2021 to 2025), Celcuity's R&D has grown at a 53.4% compound annual growth rate (CAGR), from $25.76M to $142.53M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.