Celularity Inc income statement
In fiscal 2025, Celularity Inc reported revenue of $26.6m, down 51.0% on the year before, operating income of −$61.3m (a -230.9% margin) and net income of −$91.7m, or −$3.59 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 14 | 21 | 18 | 23 | 54 | 27 | 19 |
| Cost of revenue | — | — | — | 16 | 15 | 20 | 15 |
| Gross profit | 9 | 12 | −2 | 7 | 39 | 6 | 4 |
| Research and development | 53 | 88 | 78 | 30 | 17 | 15 | 13 |
| Selling, general and administrative | 31 | 71 | 66 | 51 | 59 | 51 | 38 |
| Operating income | −152 | −109 | −26 | −192 | −38 | −61 | −49 |
| Income before tax | −213 | −100 | 14 | −196 | −58 | −92 | −46 |
| Income tax | −5 | 0 | 0 | 0 | — | 0 | — |
| Net income | −208 | −100 | 14 | −196 | −58 | −92 | −46 |
| Diluted EPS | −$113.10 | −$14.90 | $0.95 | −$11.02 | −$2.64 | −$3.59 | −$1.60 |
| Diluted shares (average) | 2m | 7m | 15m | 18m | 22m | 26m | 29m |
| EBITDA | −144 | −100 | −16 | −183 | −30 | −54 | −43 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9 | 18 | 11 | 6 | 5 | 4 | 4 | 5 |
| Cost of revenue | 4 | 7 | 4 | 5 | 4 | 7 | 1 | 2 |
| Gross profit | 5 | 11 | 8 | 0 | 1 | −3 | 2 | 3 |
| Research and development | 4 | 4 | 4 | 3 | 5 | 3 | 3 | 2 |
| Selling, general and administrative | 13 | 16 | 14 | 13 | 9 | 15 | 9 | 5 |
| Operating income | −12 | −9 | −10 | −16 | −13 | −22 | −10 | −4 |
| Interest expense | — | — | 2 | 2 | — | — | 0 | 0 |
| Income before tax | −16 | −13 | −20 | −25 | −23 | −24 | 1 | 1 |
| Income tax | 0 | — | — | — | — | — | — | — |
| Net income | −16 | −13 | −20 | −25 | −23 | −24 | 1 | 1 |
| Diluted EPS | −$0.73 | −$0.59 | −$0.84 | −$1.02 | −$0.88 | −$0.85 | $0.02 | $0.02 |
| EBITDA | −10 | −7 | −9 | −14 | −11 | −20 | −9 | −3 |
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