Artelo Biosciences (ARTL) Research & Development (2017 - 2026)
Artelo Biosciences (ARTL) reported Research & Development of $773,000 for Q1 2026, down 44.1% from $1.38 million a year earlier and down 13.4% from the prior quarter.
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Analysis
Artelo Biosciences (ARTL) Research & Development (2017 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Artelo Biosciences' Research & Development came in at $4.81 million, down 18.0% year-over-year; for FY2025, it came in at $5.42 million, down 9.5% from FY2024.
- Research & Development has a five-year compound annual growth rate of 23.1% (FY2020 to FY2025).
- By year, Research & Development came in at $5.99 million in FY2024 (+5.2%), $5.7 million in FY2023 (+31.7%), $4.32 million in FY2022 (+14.3%) and $3.78 million in FY2021.
- The Q1 2026 figure ranks as the lowest quarterly Research & Development since Q3 2024.
- Year over year, Research & Development gained in four of the last eight quarters, with growth averaging 31.0%.
- The high point for year-over-year Research & Development in five years was Q3 2025 (growth of 292.3%); the low point was Q3 2024 (a decline of 79.5%).
- Per Business Quant data, the three quarters before Q1 2026 came in at $893,000 (Q4 2025), $1.28 million (Q3 2025) and $1.87 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 4.25 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 4.65 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 2.57 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 4.54 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 3.89 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 2.11 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 1.61 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 3.02 Bn |
| 10 | Artelo Biosciences | 49.32 Mn | 32.53 Mn | - | 876,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 876,000.00 |
| Mar 31, 2026 | 773,000.00 |
| Dec 31, 2025 | 893,000.00 |
| Sep 30, 2025 | 1.28 Mn |
| Jun 30, 2025 | 1.87 Mn |
| Mar 31, 2025 | 1.38 Mn |
| Dec 31, 2024 | 2.48 Mn |
| Sep 30, 2024 | 325,000.00 |
| Jun 30, 2024 | 1.69 Mn |
| Mar 31, 2024 | 1.51 Mn |
| Dec 31, 2023 | 2.12 Mn |
| Sep 30, 2023 | 1.59 Mn |
| Jun 30, 2023 | 752,000.00 |
| Mar 31, 2023 | 1.24 Mn |
| Dec 31, 2022 | 1.73 Mn |
| Sep 30, 2022 | 1.08 Mn |
| Jun 30, 2022 | 1.06 Mn |
| Mar 31, 2022 | 464,000.00 |
| Nov 30, 2021 | 1.27 Mn |
| May 31, 2021 | 951,204.00 |
API Access
Artelo Biosciences Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=ARTL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ARTL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=ARTL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();