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Immucell (ICCC) R&D spending by quarter

Immucell's R&D spending was $318K in Q1 2026 (first quarter 2026), -58% from Q4 2025. Over the last 6 quarters it ranged from $318K (Q1 2026) to $832K (Q2 2025).

Immucell R&D spending by quarterImmucell R&D spending by quarter$819KQ4 2024$757KQ1 2025$832KQ2 2025$694KQ3 2025$759KQ4 2025$318KQ1 2026
QuarterR&D spendingQ/QY/Y
Q1 2026$318K-58%-58%
Q4 2025$759K+9%-7%
Q3 2025$694K-17%—
Q2 2025$832K+10%—
Q1 2025$757K-8%—
Q4 2024$819K——

Q1 2026 at a glance

Immucell, Q1 2026: revenue $10.4M (+28% year over year), operating margin 19.0%, net earnings $1.9M, operating cash flow $3.6M. The chart follows the revenue to costs, profit and cash.

Questions

What is Immucell's R&D spending?

Immucell's R&D spending was $318K in Q1 2026 (first quarter 2026), -58% from Q4 2025.

How has Immucell's R&D spending changed?

Over the last 6 quarters it ranged from $318K (Q1 2026) to $832K (Q2 2025).

Q1 2026 results → · How Immucell makes money →