Biomarin Pharmaceutical (BMRN) Research & Development (2009 - 2026)
Biomarin Pharmaceutical's (BMRN) quarterly Research & Development came in at $178.8 million in Q1 2026, up 12.64% YoY from $158.7 million in Q1 2025, and down 7.08% on a QoQ basis from $192.4 million in Q4 2025.
Analysis
Biomarin Pharmaceutical (BMRN) Research & Development (2009 - 2026) Analysis & Trends
Biomarin Pharmaceutical (BMRN) has 18 years of Research & Development data on file, last reported at $178.8 million in Q1 2026.
- Quarterly Research & Development rose 12.64% year-over-year to $178.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $942.0 million (up 34.39% YoY) and the FY2025 annual result came in at $921.9 million, up 23.39% from the prior year.
- Research & Development fell to $178.8 million in Q1 2026, from $192.4 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $409.5 million in Q3 2025 to a low of $157.8 million in Q3 2022.
- A 5-year average of $190.8 million and a median of $177.4 million in 2023 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 121.46% in 2025, down 22.57% in 2025.
- Tracing BMRN's Research & Development over 5 years: stood at $172.8 million in 2022, then grew by 19.39% to $206.2 million in 2023, then fell by 15.87% to $173.5 million in 2024, then grew by 10.9% to $192.4 million in 2025, then retreated by 7.08% to $178.8 million in 2026.
- The last three Research & Development figures came in at $178.8 million (Q1 2026), $192.4 million (Q4 2025), and $409.5 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 993.80 Mn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 1.63 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -486.00 Mn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 651.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 394.92 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 612.28 Mn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 97.90 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 210.03 Mn |
| 10 | Biomarin Pharmaceutical | 12.88 Bn | 12.01 Bn | 786.91 Mn | 206.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 206.95 Mn |
| Mar 31, 2026 | 178.80 Mn |
| Dec 31, 2025 | 192.41 Mn |
| Sep 30, 2025 | 409.48 Mn |
| Jun 30, 2025 | 161.31 Mn |
| Mar 31, 2025 | 158.73 Mn |
| Dec 31, 2024 | 173.51 Mn |
| Sep 30, 2024 | 184.90 Mn |
| Jun 30, 2024 | 183.79 Mn |
| Mar 31, 2024 | 204.99 Mn |
| Dec 31, 2023 | 206.25 Mn |
| Sep 30, 2023 | 191.31 Mn |
| Jun 30, 2023 | 177.36 Mn |
| Mar 31, 2023 | 171.85 Mn |
| Dec 31, 2022 | 172.75 Mn |
| Sep 30, 2022 | 157.83 Mn |
| Jun 30, 2022 | 158.19 Mn |
| Mar 31, 2022 | 160.84 Mn |
| Dec 31, 2021 | 161.09 Mn |
| Sep 30, 2021 | 157.87 Mn |