Biomarin Pharmaceutical (BMRN) Research & Development (2009 - 2026)
Biomarin Pharmaceutical (BMRN) recorded quarterly Research & Development of $178.8 million in Q1 2026, down 7.08% on a QoQ basis from $192.4 million in Q4 2025, and up 12.64% year-over-year from $158.7 million in Q1 2025.
Biomarin Pharmaceutical (BMRN) Research & Development (2009 - 2026) Analysis & Trends
Biomarin Pharmaceutical has disclosed Research & Development across 18 years of filings, most recently posting $178.8 million for 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 eased to $178.8 million in Q1 2026, from $192.4 million in the prior quarter.
- Over five years, Research & Development peaked at $409.5 million in Q3 2025 and troughed at $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.
- Biggest YoY gain for Research & Development was 121.46% in 2025; the steepest drop was 22.57% in 2025.
- Tracing BMRN's Research & Development over 5 years: stood at $172.8 million in 2022, then rose by 19.39% to $206.2 million in 2023, then decreased by 15.87% to $173.5 million in 2024, then rose by 10.9% to $192.4 million in 2025, then slipped by 7.08% to $178.8 million in 2026.
- Business Quant data shows BMRN's Research & Development at $178.8 million in Q1 2026, $192.4 million in Q4 2025, and $409.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.32 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 15.66 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 626,092.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -101.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -2.30 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 1.46 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 357,444.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 961.60 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -58.00 Mn |
| 10 | Biomarin Pharmaceutical | 10.52 Bn | 8.29 Bn | 571.21 Mn | 178.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 161.11 Mn |