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

Apogee Therapeutics' (APGE) quarterly Research & Development came in at $60.8 million in Q1 2026, up 31.11% year-on-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) Research & Development (2022 - 2026) Analysis & Trends

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

  • On a quarterly basis, Research & Development rose 31.11% year-over-year to $60.8 million in Q1 2026; TTM through Mar 2026 was $229.1 million, a 23.5% increase from a year earlier, with the FY2025 full-year figure at $214.7 million, up 27.91% from the prior year.
  • Research & Development for Q1 2026 stood at $60.8 million, up from $58.4 million in the prior quarter.
  • Over the last five years, Research & Development for APGE reached as high as $60.8 million in Q1 2026 and fell as low as $1.4 million in Q2 2022.
  • Historically, Research & Development has averaged $33.5 million across 5 years, with a median of $31.1 million in 2023.
  • Across the five-year window, Research & Development surged 863.12% in 2023 and slipped 2.96% in 2025, its largest moves.
  • Year by year, Research & Development stood at $12.2 million in 2022, then jumped by 137.17% to $29.0 million in 2023, then surged by 108.02% to $60.2 million in 2024, then declined by 2.96% to $58.4 million in 2025, then increased by 4.06% to $60.8 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $60.8 million in Q1 2026, $58.4 million in Q4 2025, and $54.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -17.94 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 541.22 Mn
4 NuCana 279.75 Bn 279.75 Bn - -2.31 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 15.66 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 1.37 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 343.97 Mn
10 Apogee Therapeutics 9.35 Bn 8.29 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