Bicara Therapeutics (BCAX) Research & Development (2023 - 2026)

Bicara Therapeutics posted quarterly Research & Development of $100000.0 for Q1 2026, down 98.48% year-on-year from $6.6 million in Q1 2025, and down 99.7% on a QoQ basis from $33.0 million in Q4 2025.

Bicara Therapeutics (BCAX) has 4 years of Research & Development data on file, last reported 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.
  • Across five years, Research & Development topped out at $33.0 million in Q3 2025 and bottomed at $100000.0 in Q1 2026.
  • The 4-year median for Research & Development is $12.0 million (2024), against an average of $15.5 million.
  • The widest annual swing landed in 2025, when Research & Development jumped 181.94%; it then slumped 98.48% in 2026.
  • A 4-year view of Research & Development shows it stood at $10.5 million in 2023, then rose by 11.46% to $11.7 million in 2024, then surged by 181.94% to $33.0 million in 2025, then slumped 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 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - 626,092.00
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - 4.32 Mn
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -101.30 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 1.46 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 961.60 Mn
7 Evaxion A 62.56 Bn 62.54 Bn - -2.30 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 1.54 Bn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 364.87 Mn
10 Bicara Therapeutics 1.25 Bn 1.25 Bn - 100,000.00

Historic Data

Download Data 🔒
DateValue
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