Black Diamond Therapeutics BDTX
NASDAQ BDTX
$1.96 -0.14 (-6.67%)
As of: Sep 10, 2026 · 3:59 PM EDT

Black Diamond Therapeutics (BDTX) Research & Development (2019 - 2026)

Black Diamond Therapeutics' (BDTX) quarterly Research & Development came in at $7.4 million in Q2 2026, down 20.67% on a YoY basis from $9.3 million in Q2 2025, and up 5.57% quarter-over-quarter from $7.0 million in Q1 2026.

Analysis

Black Diamond Therapeutics (BDTX) Research & Development (2019 - 2026) Analysis & Trends

Black Diamond Therapeutics (BDTX) has reported Research & Development for 8 consecutive years, with $7.4 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development fell 20.67% year-over-year to $7.4 million; the trailing twelve-month figure through Jun 2026 stood at $28.1 million (down 37.54% YoY), and the FY2025 full-year result was $33.6 million, down 34.6% from the prior year.
  • Research & Development rose to $7.4 million in Q2 2026 per BDTX's latest filing, from $7.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $17.8 million in Q1 2022 and bottomed at $6.3 million in Q4 2025.
  • Historically, Research & Development has averaged $12.4 million across 5 years, with a median of $13.0 million in 2023.
  • The sharpest annual moves came in 2023 and 2025: Research & Development increased 4.65% in 2023, then slumped 48.8% in 2025.
  • Over 5 years, Research & Development stood at $14.6 million in 2022, then climbed by 4.65% to $15.3 million in 2023, then dropped by 19.57% to $12.3 million in 2024, then plunged by 48.8% to $6.3 million in 2025, then climbed by 17.42% to $7.4 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $7.4 million, $7.0 million, and $6.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Amgen 206.44 Bn 192.45 Bn 7.24 Bn 1.87 Bn
2 Gilead Sciences 179.97 Bn 176.79 Bn 6.22 Bn 1.76 Bn
3 Vertex Pharmaceuticals 130.57 Bn 122.72 Bn 2.84 Bn 993.80 Mn
4 Regeneron Pharmaceuticals 81.63 Bn 73.63 Bn 3.93 Bn 1.63 Bn
5 Argenx Se 60.34 Bn 55.16 Bn 1.37 Bn -486.00 Mn
6 Moderna 54.37 Bn 49.23 Bn 52.00 Mn 651.00 Mn
7 Alnylam Pharmaceuticals 33.07 Bn 29.76 Bn 992.69 Mn 413.13 Mn
8 Biogen 31.84 Bn 30.55 Bn 1.96 Bn 529.60 Mn
9 Roivant Sciences 29.49 Bn 29.49 Bn 1.16 Mn 202.02 Mn
10 Black Diamond Therapeutics 111.58 Mn 1.07 Mn - 7.39 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 7.39 Mn
Mar 31, 2026 7.00 Mn
Dec 31, 2025 6.30 Mn
Sep 30, 2025 7.44 Mn
Jun 30, 2025 9.32 Mn
Mar 31, 2025 10.51 Mn
Dec 31, 2024 12.30 Mn
Sep 30, 2024 12.91 Mn
Jun 30, 2024 12.56 Mn
Mar 31, 2024 13.55 Mn
Dec 31, 2023 15.29 Mn
Sep 30, 2023 16.15 Mn
Jun 30, 2023 13.15 Mn
Mar 31, 2023 14.75 Mn
Dec 31, 2022 14.61 Mn
Sep 30, 2022 15.85 Mn
Jun 30, 2022 16.20 Mn
Mar 31, 2022 17.79 Mn
Dec 31, 2021 19.66 Mn
Sep 30, 2021 27.63 Mn