Bicara Therapeutics (BCAX) Research & Development (2023 - 2026)
Bicara Therapeutics (BCAX) reported Research & Development of $100000.0 for Q1 2026, down 98.48% on a YoY basis from $6.6 million in Q1 2025, and down 99.7% quarter-over-quarter from $33.0 million in Q4 2025.
Bicara Therapeutics (BCAX) Research & Development (2023 - 2026) Analysis & Trends
Bicara Therapeutics has reported Research & Development for 4 years, with the latest figure at $100000.0 in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 98.48% year-over-year to $100000.0; the trailing twelve-month figure through Mar 2026 stood at $90.9 million (up 81.87% YoY), and the FY2025 full-year result was $125.1 million, up 125.79% from the prior year.
- Research & Development for Q1 2026 stood at $100000.0, down from $33.0 million in the prior quarter.
- The five-year high for Research & Development was $33.0 million in Q3 2025, with the low at $100000.0 in Q1 2026.
- Historically, Research & Development has averaged $15.5 million across 4 years, with a median of $12.0 million in 2024.
- Annual changes were most pronounced in 2025 — Research & Development jumped 181.94% — and 2026, when it plunged 98.48%.
- Bicara Therapeutics' Research & Development stood at $10.5 million in 2023, then increased by 11.46% to $11.7 million in 2024, then jumped by 181.94% to $33.0 million in 2025, then tumbled by 99.7% to $100000.0 in 2026.
- The last three Research & Development figures came in at $100000.0 (Q1 2026), $33.0 million (Q4 2025), and $33.0 million (Q3 2025), per Business Quant data.
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 | Bicara Therapeutics | 1.41 Bn | 1.41 Bn | - | 100,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 100,000.00 |
| Dec 31, 2025 | 33.00 Mn |
| Sep 30, 2025 | 33.00 Mn |
| Jun 30, 2025 | 24.80 Mn |
| Mar 31, 2025 | 6.58 Mn |
| Dec 31, 2024 | 11.70 Mn |
| Sep 30, 2024 | 15.90 Mn |
| Jun 30, 2024 | 15.80 Mn |
| Mar 31, 2024 | 12.00 Mn |
| Dec 31, 2023 | 10.50 Mn |
| Sep 30, 2023 | 6.90 Mn |