Black Diamond Therapeutics (BDTX) Research & Development (2019 - 2026)
Black Diamond Therapeutics (BDTX) posted Research & Development of $7.0 million for Q1 2026, up 11.23% on a QoQ basis from $6.3 million in Q4 2025, and down 33.34% year-over-year from $10.5 million in Q1 2025.
Black Diamond Therapeutics (BDTX) Research & Development (2019 - 2026) Analysis & Trends
Black Diamond Therapeutics' Research & Development history runs 8 years deep, the most recent figure standing at $7.0 million for Q1 2026.
- Quarterly Research & Development fell 33.34% year-over-year to $7.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $30.1 million (down 37.74% YoY) and the FY2025 annual result came in at $33.6 million, down 34.6% from the prior year.
- Research & Development was $7.0 million for Q1 2026 at Black Diamond Therapeutics, up from $6.3 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.
- A 5-year average of $12.7 million and a median of $13.2 million in 2023 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development gained 4.65% — and 2025, when it plunged 48.8%.
- Black Diamond Therapeutics' 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 grew by 11.23% to $7.0 million in 2026.
- Business Quant data shows BDTX's Research & Development at $7.0 million in Q1 2026, $6.3 million in Q4 2025, and $7.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 66,621.14 Bn | 66,620.85 Bn | - | -17.94 Mn |
| 2 | Nanobiotix | 1,915.18 Bn | 1,915.11 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 1.46 Mn |
| 4 | BeOne Medicines | 471.27 Bn | 466.48 Bn | 1.35 Bn | 541.22 Mn |
| 5 | Vertex Pharmaceuticals | 121.81 Bn | 114.57 Bn | 2.59 Bn | 961.60 Mn |
| 6 | Regeneron Pharmaceuticals | 69.58 Bn | 60.82 Bn | 3.31 Bn | 1.54 Bn |
| 7 | Belite Bio | 62.72 Bn | 62.72 Bn | - | 15.66 Mn |
| 8 | Argenx Se | 55.51 Bn | 50.33 Bn | 1.41 Bn | 1.37 Bn |
| 9 | Revolution Medicines | 37.35 Bn | 37.35 Bn | - | 343.97 Mn |
| 10 | Black Diamond Therapeutics | 99.59 Mn | -18.67 Mn | - | 7.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 26.72 Mn |