C4 Therapeutics (CCCC) Research & Development (2019 - 2026)
C4 Therapeutics (CCCC) posted quarterly Research & Development of $24.6 million for Q1 2026, down 9.11% year-over-year from $27.1 million in Q1 2025, and down 1.51% quarter-over-quarter from $25.0 million in Q4 2025.
Analysis
C4 Therapeutics (CCCC) Research & Development (2019 - 2026) Analysis & Trends
C4 Therapeutics' Research & Development history runs 8 years deep, the most recent figure standing at $24.6 million for Q1 2026.
- In Q1 2026, Research & Development fell 9.11% year-over-year to $24.6 million; the TTM figure through Mar 2026 stood at $101.8 million (down 11.64% YoY), while the FY2025 annual figure was $104.2 million, down 5.78% from the prior year.
- Research & Development for Q1 2026 stood at $24.6 million, down from $25.0 million in the prior quarter.
- The five-year high for Research & Development was $32.5 million in Q4 2024, with the low at $22.5 million in Q1 2024.
- The 5-year median for Research & Development is $28.3 million (2023), against an average of $27.9 million.
- The sharpest annual moves came in 2022 and 2025: Research & Development soared 34.51% in 2022, then fell 23.16% in 2025.
- C4 Therapeutics' Research & Development stood at $30.7 million in 2022, then declined by 0.85% to $30.4 million in 2023, then grew by 6.98% to $32.5 million in 2024, then dropped by 23.16% to $25.0 million in 2025, then decreased by 1.51% to $24.6 million in 2026.
- Business Quant data shows CCCC's Research & Development at $24.6 million in Q1 2026, $25.0 million in Q4 2025, and $26.0 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.76 Bn | 131.91 Bn | 2.84 Bn | 993.80 Mn |
| 2 | Regeneron Pharmaceuticals | 85.72 Bn | 77.72 Bn | 3.93 Bn | 1.63 Bn |
| 3 | Argenx Se | 63.56 Bn | 58.38 Bn | 1.37 Bn | -486.00 Mn |
| 4 | Moderna | 57.87 Bn | 52.73 Bn | 52.00 Mn | 651.00 Mn |
| 5 | Revolution Medicines | 44.06 Bn | 44.06 Bn | - | 394.92 Mn |
| 6 | BeOne Medicines | 40.08 Bn | 34.98 Bn | 1.53 Bn | 612.28 Mn |
| 7 | Alnylam Pharmaceuticals | 35.50 Bn | 32.20 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Royalty Pharma | 28.54 Bn | 27.70 Bn | - | 97.90 Mn |
| 9 | Insmed | 27.49 Bn | 26.33 Bn | 358.27 Mn | 210.03 Mn |
| 10 | C4 Therapeutics | 489.46 Mn | 235.80 Mn | - | 24.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.47 Mn |
| Mar 31, 2026 | 24.61 Mn |
| Dec 31, 2025 | 24.98 Mn |
| Sep 30, 2025 | 25.99 Mn |
| Jun 30, 2025 | 26.20 Mn |
| Mar 31, 2025 | 27.07 Mn |
| Dec 31, 2024 | 32.51 Mn |
| Sep 30, 2024 | 31.84 Mn |
| Jun 30, 2024 | 23.75 Mn |
| Mar 31, 2024 | 22.53 Mn |
| Dec 31, 2023 | 30.39 Mn |
| Sep 30, 2023 | 28.35 Mn |
| Jun 30, 2023 | 29.93 Mn |
| Mar 31, 2023 | 29.04 Mn |
| Dec 31, 2022 | 30.65 Mn |
| Sep 30, 2022 | 29.66 Mn |
| Jun 30, 2022 | 31.32 Mn |
| Mar 31, 2022 | 26.20 Mn |
| Dec 31, 2021 | 26.55 Mn |
| Sep 30, 2021 | 24.30 Mn |