Quick Answer
CEL SCI CORP reported R&D Expense of $15.89 million for fiscal year 2025.
CEL SCI CORP R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $15.89M | -12.5% |
| 2024 | $18.16M | -19.2% |
| 2023 | $22.47M | -11.4% |
| 2022 | $25.36M | +9.7% |
| 2021 | $23.11M | +29.5% |
| 2020 | $17.84M | +40.9% |
| 2019 | $12.66M | +16.0% |
| 2018 | $10.91M | -30.1% |
| 2017 | $15.61M | -10.5% |
| 2016 | $17.45M | -16.7% |
| 2015 | $20.95M | +23.2% |
| 2014 | $17.00M | +34.1% |
| 2013 | $12.68M | +22.3% |
| 2012 | $10.37M | -11.7% |
| 2011 | $11.75M | -1.4% |
| 2010 | $11.91M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| December 31, 2025 | $3.68M | -17.0% | -1.7% |
| June 30, 2025 | $3.74M | -20.5% | -6.8% |
| March 31, 2025 | $4.01M | -13.3% | -9.4% |
| December 31, 2024 | $4.43M | +1.8% | -5.8% |
| June 30, 2024 | $4.70M | -17.9% | +1.6% |
| March 31, 2024 | $4.63M | -23.9% | +6.3% |
| December 31, 2023 | $4.35M | -19.3% | -24.0% |
| June 30, 2023 | $5.73M | -8.9% | -5.8% |
- CEL SCI CORP showed a decrease of -12.5% in R&D Expense compared to the prior fiscal year.
- Over the 2010–2025 period, CEL SCI CORP’s r&d expense has grown by 33.4% (from $11.91 million to $15.89 million).
- The most recent figure is from CEL SCI CORP’s fiscal year 2025 report (Form 10-K), filed with the SEC on December 29, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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