BioRestorative Therapies BRTX
NASDAQ BRTX
$2.33 +0.00 (+0.00%)
At close: Sep 30, 2026 · 4:00 PM EDT

BioRestorative Therapies (BRTX) Research & Development (2011 - 2025)

Updated

BioRestorative Therapies (BRTX) recorded Research & Development of $2.63 million in Q4 2025, up 54.3% from $1.7 million a year earlier and up 1.2% from the prior quarter.

Analysis

BioRestorative Therapies (BRTX) Research & Development (2011 - 2025) Analysis & Trends

For FY2025, BioRestorative Therapies reported Research & Development of $10.09 million, up 50.5% from FY2024.

  • Annual Research & Development has increased for four straight years, with a five-year compound annual growth rate of 63.0% (FY2020 to FY2025).
  • Across earlier years, Research & Development came in at $6.71 million in FY2024 (+66.2%), $4.03 million in FY2023 (+14.8%), $3.51 million in FY2022 (+381.9%) and $729,058 in FY2021 (-16.9%).
  • The Q4 2025 figure is the highest quarterly Research & Development in data going back to Q4 2011.
  • On a year-over-year basis, Research & Development has increased for seven consecutive quarters, with growth averaging 53.8% over the last eight quarters.
  • Peak year-over-year performance for Research & Development in the last five years was growth of 568.3% in Q2 2022, against a decline of 38.5% in Q2 2021 at the low end.
  • Per Business Quant, the preceding three quarters came in at $2.59 million (Q3 2025), $2.23 million (Q2 2025) and $1.71 million (Q1 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Johnson & Johnson 645.01 Bn 563.54 Bn 17.26 Bn 3.65 Bn
2 AbbVie 465.23 Bn 438.39 Bn 12.70 Bn 2.34 Bn
3 Merck 368.40 Bn 322.83 Bn 12.21 Bn 9.74 Bn
4 Novartis Ag 278.02 Bn 233.89 Bn 11.24 Bn -2.85 Bn
5 Astrazeneca 254.57 Bn 228.13 Bn 12.86 Bn -4.05 Bn
6 Amgen 229.02 Bn 184.42 Bn 7.24 Bn 1.87 Bn
7 Gilead Sciences 187.74 Bn 161.85 Bn 6.22 Bn 1.76 Bn
8 Pfizer 163.75 Bn 110.70 Bn 10.94 Bn 2.81 Bn
9 Vertex Pharmaceuticals 133.45 Bn 105.45 Bn 2.84 Bn 993.80 Mn
10 BioRestorative Therapies 1.03 Mn -22.90 Mn 17,964.00 2.63 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 2.63 Mn
Sep 30, 2025 2.59 Mn
Jun 30, 2025 2.23 Mn
Mar 31, 2025 1.71 Mn
Dec 31, 2024 1.70 Mn
Sep 30, 2024 1.45 Mn
Jun 30, 2024 1.45 Mn
Mar 31, 2024 1.06 Mn
Dec 31, 2023 1.09 Mn
Sep 30, 2023 809,824.00
Jun 30, 2023 902,891.00
Mar 31, 2023 1.23 Mn
Dec 31, 2022 673,621.00
Sep 30, 2022 989,170.00
Jun 30, 2022 1.08 Mn
Mar 31, 2022 775,337.00
Dec 31, 2021 165,496.00
Sep 30, 2021 237,410.00
Jun 30, 2021 160,898.00
Mar 31, 2021 165,254.00
API Access

BioRestorative Therapies 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=BRTX&period=max&api_key=YOUR_API_KEY