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Filing Flows › Celularity (CELU) › Q2 2026 › vs Q1 2026

Celularity (CELU) Q2 2026 vs Q1 2026 (quarter over quarter)

Celularity's revenue rose $1.6M (+41%) from $3.8M in Q1 2026 to $5.4M in Q2 2026. The biggest changes: Product +$3.2M (+369%); License Royalty and Other −$1.0M (-58%); Service −$598K (-48%).

Celularity, Q2 2026: revenue $5.4M (-5% year over year), operating margin -78.0%, net earnings $706K, operating cash flow −$1.1M. The chart draws each line against Q1 2026, the increases inside each band.

Celularity: what changed, Q2 2026 vs Q1 2026Celularity: what changed, Q2 2026 vs Q1 2026Other income, net−$6.1MCosts & expenses−$4.5MOperating costs−$4.3MSG&A−$4.2MProduct$3.2MCash used in operations$2.6MOperating cash sources$1.9MWorking capital & other$1.9MLicense Royalty and Other−$1.0MResearch & development−$966K

Every line

LineQ2 2026Q1 2026Change%
Product$4.1M$866K$3.2M+369%
License Royalty and Other$719K$1.7M−$1.0M-58%
Service$652K$1.2M−$598K-48%
Revenue$5.4M$3.8M$1.6M+41%
Other income, net$4.9M$11.0M−$6.1M-55%
Costs & expenses$10.4M$14.9M−$4.5M-30%
Operating costs$9.7M$14.0M−$4.3M-31%
Net earnings$706K$874K−$168K-19%
Cost of revenue$2.3M$1.5M$895K+62%
Research & development$2.0M$3.0M−$966K-32%
SG&A$4.9M$9.2M−$4.2M-46%
Other operating costs$354K$368K−$14K-4%
Operating cash sources$4.2M$2.3M$1.9M+85%
Depreciation & amortization$1.5M$1.6M−$58K-4%
Share-based compensation$844K$1.2M−$399K-32%
Cash used in operations$1.1M−$1.4M$2.6M—
Working capital & other$4.2M$2.3M$1.9M+85%

Questions

How much did Celularity's revenue grow quarter over quarter in Q2 2026?

Celularity's revenue rose $1.6M (+41%) from $3.8M in Q1 2026 to $5.4M in Q2 2026.

What drove Celularity's revenue change in Q2 2026?

Product +$3.2M (+369%); License Royalty and Other −$1.0M (-58%); Service −$598K (-48%).

Q2 2026 results → · Compare in the interactive Sankey →