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% quarter-over-quarter 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.

  • Research & Development for Q1 2026 came in at $60.8 million, up 31.11% year-over-year; the trailing twelve-month figure through Mar 2026 was $229.1 million (up 23.5% YoY), and the FY2025 annual result was $214.7 million, up 27.91% from the prior year.
  • Research & Development rose to $60.8 million in Q1 2026 per APGE's latest filing, from $58.4 million in the prior quarter.
  • Over five years, Research & Development peaked at $60.8 million in Q1 2026 and troughed at $1.4 million in Q2 2022.
  • A 5-year average of $33.5 million and a median of $31.1 million in 2023 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2023 and 2025: Research & Development jumped 863.12% in 2023, then declined 2.96% in 2025.
  • A 5-year view of Research & Development shows it 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 decreased by 2.96% to $58.4 million in 2025, then advanced by 4.06% to $60.8 million in 2026.
  • Business Quant data shows APGE's Research & Development at $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 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.32 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 15.66 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 626,092.00
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -101.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -2.30 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 1.46 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 357,444.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 961.60 Mn
9 Abivax 91.96 Bn 91.96 Bn - -58.00 Mn
10 Apogee Therapeutics 6.29 Bn 5.23 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