C4 Therapeutics (CCCC) Research & Development (2019 - 2026)
C4 Therapeutics (CCCC) recorded quarterly Research & Development of $24.6 million in Q1 2026, down 1.51% quarter-over-quarter from $25.0 million in Q4 2025, and down 9.11% on a YoY basis from $27.1 million in Q1 2025.
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 was $24.6 million for Q1 2026 at C4 Therapeutics, down from $25.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $32.5 million in Q4 2024 to a low of $22.5 million in Q1 2024.
- Historically, Research & Development has averaged $27.9 million across 5 years, with a median of $28.3 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Research & Development jumped 34.51% in 2022, then retreated 23.16% in 2025.
- A 5-year view of Research & Development shows it stood at $30.7 million in 2022, then fell by 0.85% to $30.4 million in 2023, then increased by 6.98% to $32.5 million in 2024, then declined by 23.16% to $25.0 million in 2025, then slipped by 1.51% to $24.6 million in 2026.
- The last three Research & Development figures came in at $24.6 million (Q1 2026), $25.0 million (Q4 2025), and $26.0 million (Q3 2025), per Business Quant data.
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 | C4 Therapeutics | 520.69 Mn | 285.02 Mn | - | 24.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 23.29 Mn |