Growth Metrics

Apogee Therapeutics (APGE) Research & Development (2022 - 2026)

Apogee Therapeutics (APGE) reported Research & Development of $60.8 million for Q1 2026, up 31.11% year-over-year from $46.4 million in Q1 2025, and up 4.06% on a QoQ basis from $58.4 million in Q4 2025.

Apogee Therapeutics (APGE) has 5 years of Research & Development data on file, last reported at $60.8 million in Q1 2026.

  • Quarterly Research & Development rose 31.11% year-over-year to $60.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $229.1 million (up 23.5% YoY) and the FY2025 annual result came in at $214.7 million, up 27.91% from the prior year.
  • Research & Development grew to $60.8 million in Q1 2026 per APGE's latest filing, from $58.4 million in the prior quarter.
  • Across five years, Research & Development topped out at $60.8 million in Q1 2026 and bottomed at $1.4 million in Q2 2022.
  • The 5-year median for Research & Development is $31.1 million (2023), against an average of $33.5 million.
  • The widest annual swing landed in 2023, when Research & Development surged 863.12%; it then slipped 2.96% in 2025.
  • Tracing APGE's Research & Development over 5 years: stood at $12.2 million in 2022, then surged by 137.17% to $29.0 million in 2023, then soared by 108.02% to $60.2 million in 2024, then fell by 2.96% to $58.4 million in 2025, then rose by 4.06% to $60.8 million in 2026.
  • Per Business Quant, the three latest APGE Research & Development figures stand at $60.8 million (Q1 2026), $58.4 million (Q4 2025), and $54.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - 626,092.00
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - 4.32 Mn
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -101.30 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 1.46 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 961.60 Mn
7 Evaxion A 62.56 Bn 62.54 Bn - -2.30 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 1.54 Bn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 364.87 Mn
10 Apogee Therapeutics 5.53 Bn 4.47 Bn - 60.82 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 60.82 Mn
Dec 31, 2025 58.44 Mn
Sep 30, 2025 54.18 Mn
Jun 30, 2025 55.70 Mn
Mar 31, 2025 46.39 Mn
Dec 31, 2024 60.23 Mn
Sep 30, 2024 45.71 Mn
Jun 30, 2024 33.21 Mn
Mar 31, 2024 28.72 Mn
Dec 31, 2023 28.95 Mn
Sep 30, 2023 17.07 Mn
Jun 30, 2023 13.95 Mn
Mar 31, 2023 8.46 Mn
Dec 31, 2022 12.21 Mn
Sep 30, 2022 9.89 Mn
Jun 30, 2022 1.45 Mn