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Other financials

Income statement

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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$4.55B+150%
Enterprise value$4.54B+142%

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 source filing: Celcuity’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 5:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001493152-26-023180
Line item2026 / Three Months Ended March 31,2025 / Three Months Ended March 31,
Operating expenses:
Research and development$33,063$29,759
Selling, general and administrative17,4446,374
Total operating expenses50,50736,133
Loss from operations(50,507)(36,133)
Other (expense) income:
Interest expense(6,085)(3,183)
Interest income3,7512,319

Item 1. Financial Statements (unaudited) ITEM

FAQ

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.

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