Agenus (AGEN) Research & Development (2010 - 2026)

Agenus' (AGEN) quarterly Research & Development came in at $11.8 million in Q1 2026, down 45.07% year-on-year from $21.5 million in Q1 2025, and up 57.4% quarter-over-quarter from $7.5 million in Q4 2025.

Agenus (AGEN) Research & Development (2010 - 2026) Analysis & Trends

Agenus' Research & Development history runs 17 years deep, the most recent figure standing at $11.8 million for Q1 2026.

  • On a quarterly basis, Research & Development fell 45.07% year-over-year to $11.8 million in Q1 2026; TTM through Mar 2026 was $69.6 million, a 47.69% decrease from a year earlier, with the FY2025 full-year figure at $79.3 million, down 48.99% from the prior year.
  • Research & Development rose to $11.8 million in Q1 2026 per AGEN's latest filing, from $7.5 million in the prior quarter.
  • Across five years, Research & Development topped out at $66.7 million in Q4 2023 and bottomed at $7.5 million in Q4 2025.
  • The 5-year median for Research & Development is $42.4 million (2022), against an average of $39.3 million.
  • Across the five-year window, Research & Development soared 34.58% in 2023 and tumbled 77.76% in 2025, its largest moves.
  • Year by year, Research & Development stood at $53.3 million in 2022, then gained by 25.23% to $66.7 million in 2023, then sank by 49.38% to $33.8 million in 2024, then sank by 77.76% to $7.5 million in 2025, then jumped by 57.4% to $11.8 million in 2026.
  • Per Business Quant, the three latest AGEN Research & Development figures stand at $11.8 million (Q1 2026), $7.5 million (Q4 2025), and $23.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -17.94 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 1.46 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 541.22 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 15.66 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -443.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 343.97 Mn
10 Agenus 222.90 Mn 222.90 Mn 33.74 Mn 11.82 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 11.82 Mn
Dec 31, 2025 7.51 Mn
Sep 30, 2025 23.60 Mn
Jun 30, 2025 26.71 Mn
Mar 31, 2025 21.52 Mn
Dec 31, 2024 33.78 Mn
Sep 30, 2024 41.06 Mn
Jun 30, 2024 36.77 Mn
Mar 31, 2024 43.93 Mn
Dec 31, 2023 66.72 Mn
Sep 30, 2023 51.44 Mn
Jun 30, 2023 59.29 Mn
Mar 31, 2023 57.12 Mn
Dec 31, 2022 53.28 Mn
Sep 30, 2022 46.01 Mn
Jun 30, 2022 44.96 Mn
Mar 31, 2022 42.44 Mn
Dec 31, 2021 53.49 Mn
Sep 30, 2021 42.94 Mn
Jun 30, 2021 45.51 Mn