Boundless Bio (BOLD) Research & Development (2023 - 2026)
Boundless Bio (BOLD) posted quarterly Research & Development of $9.7 million for Q1 2026, down 19.81% year-over-year from $12.1 million in Q1 2025, and down 0.85% quarter-over-quarter from $9.8 million in Q4 2025.
Boundless Bio (BOLD) Research & Development (2023 - 2026) Analysis & Trends
Boundless Bio (BOLD) has reported Research & Development for 4 consecutive years, with $9.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 19.81% year-over-year to $9.7 million; the TTM figure through Mar 2026 stood at $42.4 million (down 21.8% YoY), while the FY2025 annual figure was $44.8 million, down 18.86% from the prior year.
- Research & Development retreated to $9.7 million in Q1 2026 per BOLD's latest filing, from $9.8 million in the prior quarter.
- Across five years, Research & Development topped out at $14.7 million in Q2 2024 and bottomed at $9.5 million in Q1 2023.
- Historically, Research & Development has averaged $11.7 million across 4 years, with a median of $11.6 million in 2023.
- Annual changes were most pronounced in 2024 — Research & Development jumped 38.16% — and 2025, when it dropped 26.27%.
- Boundless Bio's Research & Development stood at $10.4 million in 2023, then rose by 27.85% to $13.3 million in 2024, then declined by 26.27% to $9.8 million in 2025, then fell by 0.85% to $9.7 million in 2026.
- Business Quant data shows BOLD's Research & Development at $9.7 million in Q1 2026, $9.8 million in Q4 2025, and $10.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.13 Bn | 131.28 Bn | 2.84 Bn | 993.80 Mn |
| 2 | Regeneron Pharmaceuticals | 85.77 Bn | 77.77 Bn | 3.93 Bn | 1.63 Bn |
| 3 | Argenx Se | 64.64 Bn | 59.46 Bn | 1.37 Bn | 1.37 Bn |
| 4 | Moderna | 58.29 Bn | 53.16 Bn | 52.00 Mn | 651.00 Mn |
| 5 | BeOne Medicines | 41.92 Bn | 36.82 Bn | 1.53 Bn | 612.28 Mn |
| 6 | Alnylam Pharmaceuticals | 31.58 Bn | 28.28 Bn | 992.69 Mn | 413.13 Mn |
| 7 | BioNTech SE | 28.12 Bn | 9.73 Bn | 668.28 Mn | -588.31 Mn |
| 8 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | 210.03 Mn |
| 9 | Royalty Pharma | 27.27 Bn | 26.43 Bn | - | 97.90 Mn |
| 10 | Boundless Bio | 67.35 Mn | 67.35 Mn | - | 13.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.97 Mn |
| Mar 31, 2026 | 9.73 Mn |
| Dec 31, 2025 | 9.82 Mn |
| Sep 30, 2025 | 10.67 Mn |
| Jun 30, 2025 | 12.22 Mn |
| Mar 31, 2025 | 12.14 Mn |
| Dec 31, 2024 | 13.31 Mn |
| Sep 30, 2024 | 14.09 Mn |
| Jun 30, 2024 | 14.74 Mn |
| Mar 31, 2024 | 13.13 Mn |
| Dec 31, 2023 | 10.41 Mn |
| Sep 30, 2023 | 11.65 Mn |
| Jun 30, 2023 | 11.08 Mn |
| Mar 31, 2023 | 9.50 Mn |