BioAtla (BCAB) Research & Development (2020 - 2026)

BioAtla's (BCAB) quarterly Research & Development came in at $4.6 million in Q1 2026, down 62.91% year-on-year from $12.4 million in Q1 2025, and down 42.69% quarter-over-quarter from $8.0 million in Q4 2025.

BioAtla (BCAB) Research & Development (2020 - 2026) Analysis & Trends

BioAtla's Research & Development history runs 7 years deep, the most recent figure standing at $4.6 million for Q1 2026.

  • On a quarterly basis, Research & Development fell 62.91% year-over-year to $4.6 million in Q1 2026; TTM through Mar 2026 was $35.8 million, a 36.75% decrease from a year earlier, with the FY2025 full-year figure at $43.6 million, down 30.94% from the prior year.
  • Research & Development slipped to $4.6 million in Q1 2026 per BCAB's latest filing, from $8.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $31.0 million in Q2 2023 and bottomed at $4.6 million in Q1 2026.
  • The 5-year median for Research & Development is $16.9 million (2022), against an average of $17.3 million.
  • Across the five-year window, Research & Development soared 62.36% in 2022 and plunged 62.91% in 2026, its largest moves.
  • Year by year, Research & Development stood at $21.9 million in 2022, then climbed by 3.66% to $22.7 million in 2023, then sank by 48.62% to $11.6 million in 2024, then tumbled by 31.37% to $8.0 million in 2025, then slumped by 42.69% to $4.6 million in 2026.
  • Per Business Quant, the three latest BCAB Research & Development figures stand at $4.6 million (Q1 2026), $8.0 million (Q4 2025), and $9.5 million (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 BioAtla 5.74 Mn 5.74 Mn - 4.58 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.58 Mn
Dec 31, 2025 8.00 Mn
Sep 30, 2025 9.54 Mn
Jun 30, 2025 13.68 Mn
Mar 31, 2025 12.36 Mn
Dec 31, 2024 11.65 Mn
Sep 30, 2024 16.40 Mn
Jun 30, 2024 16.20 Mn
Mar 31, 2024 18.85 Mn
Dec 31, 2023 22.67 Mn
Sep 30, 2023 28.40 Mn
Jun 30, 2023 30.96 Mn
Mar 31, 2023 21.70 Mn
Dec 31, 2022 21.87 Mn
Sep 30, 2022 19.84 Mn
Jun 30, 2022 20.71 Mn
Mar 31, 2022 16.92 Mn
Dec 31, 2021 16.45 Mn
Sep 30, 2021 16.55 Mn
Jun 30, 2021 14.85 Mn