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| Date | Value |
|---|---|
| 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 |