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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |