Aurora Cannabis (ACB) Research & Development (2017 - 2025)

Aurora Cannabis (ACB) reported Research & Development of $934363.4 for Q4 2025, up 40.5% year-over-year from $665023.9 in Q4 2024, and up 42.24% quarter-over-quarter from $656878.0 in Q3 2025.

Aurora Cannabis (ACB) Research & Development (2017 - 2025) Analysis & Trends

Aurora Cannabis (ACB) has 9 years of Research & Development data on file, last reported at $934363.4 in Q4 2025.

  • Research & Development for Q4 2025 came in at $934363.4, up 40.5% year-over-year; the trailing twelve-month figure through Dec 2025 was $2.7 million (up 3.16% YoY), and the FY2025 annual result was $2.6 million, down 3.36% from the prior year.
  • Research & Development advanced to $934363.4 in Q4 2025 per ACB's latest filing, from $656878.0 in the prior quarter.
  • Over five years, Research & Development peaked at $2.9 million in Q3 2021 and troughed at $547079.4 in Q1 2025.
  • A 5-year average of $1.2 million and a median of $718181.4 in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2021 and 2022: Research & Development soared 50.39% in 2021, then slumped 69.24% in 2022.
  • A 5-year view of Research & Development shows it stood at $1.3 million in 2021, then slumped by 45.48% to $702814.6 in 2022, then decreased by 18.27% to $574406.8 in 2023, then rose by 15.78% to $665023.9 in 2024, then surged by 40.5% to $934363.4 in 2025.
  • Business Quant data shows ACB's Research & Development at $934363.4 in Q4 2025, $656878.0 in Q3 2025, and $598299.7 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 222.00 Mn
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 180.00 Mn
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 138.20 Mn
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 934,363.43
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 296.20 Mn
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 97.00 Mn
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn 103.35 Mn
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 39.38 Mn
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 46.94 Mn
10 Liquidia 5.63 Bn 5.40 Bn 121.79 Mn 12.57 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 934,363.43
Sep 30, 2025 656,878.04
Jun 30, 2025 598,299.66
Mar 31, 2025 547,079.43
Dec 31, 2024 665,023.85
Sep 30, 2024 714,727.07
Jun 30, 2024 721,635.72
Mar 31, 2024 551,390.11
Dec 31, 2023 574,406.78
Sep 30, 2023 705,650.22
Dec 31, 2022 702,814.60
Sep 30, 2022 897,093.11
Jun 30, 2022 1.56 Mn
Mar 31, 2022 2.08 Mn
Dec 31, 2021 1.29 Mn
Sep 30, 2021 2.92 Mn
Jun 30, 2021 2.47 Mn
Mar 31, 2021 2.68 Mn
Dec 31, 2020 1.87 Mn
Sep 30, 2020 1.94 Mn