Celularity Inc. (CELU) Revenue History
Annual and quarterly revenue from 2018 to 2024
Compound Annual Growth Rate (CAGR)
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CELU Revenue Growth
Revenue Breakdown (FY 2024)
CELU's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
CELU Revenue Analysis (2018–2024)
As of May 8, 2026, Celularity Inc. (CELU) generated trailing twelve-month (TTM) revenue of $40.6 million, reflecting significant decline in growth of -43.2% year-over-year. The most recent quarter (Q3 2025) recorded $5.3 million in revenue, down 7.9% sequentially.
Looking at the longer-term picture, CELU's 5-year compound annual growth rate (CAGR) stands at +20.7%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $54.2 million in 2024, representing a new all-time high.
Revenue diversification analysis shows CELU's business is primarily driven by Product (65%), License Royalty and Other (25%), and Service (9%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Healthcare sector peers including FATE (-51.2% YoY), NKTR (-43.9% YoY), and CRSP (-88.9% YoY), CELU has outperformed the peer group in terms of revenue growth. Compare CELU vs FATE →
CELU Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CELUCurrent | $41M | -43.2% | +20.7% | -70.7% | |
 FATE | $7M | -51.2% | -26.7% | -2222.4% | |
 NKTR | $55M | -43.9% | -18.4% | -236.8% | |
 CRSP | $4M | -88.9% | +37.3% | -16191.4% |
CELU Historical Revenue Data (2018–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $54.2M | +138.1% | $39.2M | 72.4% | $-38,358,000 | -70.7% |
| 2023 | $22.8M | +26.7% | $6.8M | 29.7% | $-192,287,000 | -844.4% |
| 2022 | $18.0M | -15.7% | $-1,690,000 | -9.4% | $-25,600,000 | -142.4% |
| 2021 | $21.3M | +49.4% | $11.7M | 54.8% | $-109,059,000 | -511.2% |
| 2020 | $14.3M | -32.5% | $9.3M | 65.5% | $-151,925,000 | -1064.0% |
| 2019 | $21.1M | +20.5% | $14.8M | 70.1% | $-264,129,000 | -1249.0% |
| 2018 | $17.6M | - | $11.0M | 62.7% | $-1,098 | -0.0% |
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Start ComparisonCELU — Frequently Asked Questions
Quick answers to the most common questions about buying CELU stock.
Is CELU's revenue growth accelerating or slowing?
CELU revenue declined -43.2% year-over-year, contrasting with the 5-year CAGR of +20.7%. TTM revenue fell to $41M. This reverses the prior growth trend.
What is CELU's long-term revenue growth rate?
Celularity Inc.'s 5-year revenue CAGR of +20.7% reflects the variable expansion pattern. Current YoY growth of -43.2% is below this long-term average.
How is CELU's revenue distributed by segment?
CELU reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2024 are available for download. Segment mix reveals concentration and diversification trends.