BullFrog AI Holdings (BFRG) Research & Development (2022 - 2026)
BullFrog AI Holdings (BFRG) posted Research & Development of $339,456 for Q2 2026, down 29.3% from $480,297 a year earlier.
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Analysis
BullFrog AI Holdings (BFRG) Research & Development (2022 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at BullFrog AI Holdings was $1.56 million, down 29.4% year-over-year; for FY2025, it came in at $1.8 million, down 19.0% from FY2024.
- Annual Research & Development shows a four-year compound annual growth rate of 191.3% (FY2021 to FY2025).
- In prior years, BullFrog AI Holdings' Research & Development was $2.22 million in FY2024 (+55.2%), $1.43 million in FY2023 (+135.1%), $609,270 in FY2022 and $25,000 in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Research & Development since Q2 2023.
- On a year-over-year basis, Research & Development increased in three of the last seven quarters, with an average decline of 1.4%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q3 2023, with growth of 864.0%; the weakest was Q3 2025, with a decline of 38.9%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,224.11 Bn | 1,197.72 Bn | 20.46 Bn | 4.25 Bn |
| 2 | Johnson & Johnson | 665.34 Bn | 585.20 Bn | 17.30 Bn | 4.65 Bn |
| 3 | AbbVie | 515.72 Bn | 483.73 Bn | 13.12 Bn | 2.57 Bn |
| 4 | Merck | 362.64 Bn | 325.58 Bn | 13.19 Bn | 4.54 Bn |
| 5 | Novartis Ag | 315.51 Bn | 288.75 Bn | - | - |
| 6 | Astrazeneca | 289.26 Bn | 263.15 Bn | 13.26 Bn | 3.89 Bn |
| 7 | Amgen | 249.20 Bn | 200.85 Bn | 7.58 Bn | 2.11 Bn |
| 8 | Gilead Sciences | 207.48 Bn | 182.59 Bn | 6.73 Bn | 1.61 Bn |
| 9 | Pfizer | 167.49 Bn | 114.85 Bn | 12.56 Bn | 3.02 Bn |
| 10 | BullFrog AI Holdings | 9.61 Mn | -6.77 Mn | 106,899.00 | 339,456.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 339,456.00 |
| Dec 31, 2025 | 397,189.00 |
| Sep 30, 2025 | 345,992.00 |
| Jun 30, 2025 | 480,297.00 |
| Mar 31, 2025 | 576,260.00 |
| Dec 31, 2024 | 590,856.00 |
| Sep 30, 2024 | 566,584.00 |
| Jun 30, 2024 | 513,699.00 |
| Mar 31, 2024 | 552,126.00 |
| Dec 31, 2023 | 408,995.00 |
| Sep 30, 2023 | 380,015.00 |
| Jun 30, 2023 | 273,671.00 |
| Mar 31, 2023 | 369,933.00 |
| Dec 31, 2022 | 160,895.00 |
| Sep 30, 2022 | 39,421.00 |
| Jun 30, 2022 | 92,671.00 |
| Mar 31, 2022 | 316,283.00 |
API Access
BullFrog AI Holdings Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=BFRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "BFRG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=BFRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();