CG Oncology (CGON) Research & Development (2023 - 2026)
CG Oncology posted quarterly Research & Development of $43.7 million for Q1 2026, up 59.21% year-on-year from $27.5 million in Q1 2025, and up 45.97% on a QoQ basis from $30.0 million in Q4 2025.
CG Oncology (CGON) has 4 years of Research & Development data on file, last reported at $43.7 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 59.21% year-over-year to $43.7 million; the trailing twelve-month figure through Mar 2026 stood at $132.9 million (up 43.9% YoY), and the FY2025 full-year result was $116.6 million, up 42.07% from the prior year.
- Research & Development for Q1 2026 stood at $43.7 million, up from $30.0 million in the prior quarter.
- Across five years, Research & Development topped out at $43.7 million in Q1 2026 and bottomed at $7.8 million in Q1 2023.
- The 4-year median for Research & Development is $19.6 million (2024), against an average of $22.2 million.
- The widest annual swing landed in 2024, when Research & Development surged 119.46%; it then rose 11.78% in 2025.
- A 4-year view of Research & Development shows it stood at $16.3 million in 2023, then jumped by 64.01% to $26.8 million in 2024, then rose by 11.78% to $30.0 million in 2025, then surged by 45.97% to $43.7 million in 2026.
- The last three Research & Development figures came in at $43.7 million (Q1 2026), $30.0 million (Q4 2025), and $27.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Quantum Biopharma | 961,148.99 Bn | 961,148.98 Bn | - | 626,092.00 |
| 2 | Alterity Therapeutics | 744,933.29 Bn | 744,933.26 Bn | - | 4.32 Mn |
| 3 | Legend Biotech | 2,540.00 Bn | 2,539.71 Bn | 242.10 Mn | -101.30 Mn |
| 4 | Nanobiotix | 2,199.85 Bn | 2,199.78 Bn | - | - |
| 5 | Akari Therapeutics | 1,635.88 Bn | 1,635.88 Bn | - | 1.46 Mn |
| 6 | Vertex Pharmaceuticals | 111.32 Bn | 104.07 Bn | 2.59 Bn | 961.60 Mn |
| 7 | Evaxion A | 62.56 Bn | 62.54 Bn | - | -2.30 Mn |
| 8 | Regeneron Pharmaceuticals | 62.55 Bn | 53.79 Bn | 3.31 Bn | 1.54 Bn |
| 9 | Alnylam Pharmaceuticals | 39.57 Bn | 36.56 Bn | 959.66 Mn | 364.87 Mn |
| 10 | CG Oncology | 5.01 Bn | 5.01 Bn | -1.88 Mn | 43.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 43.73 Mn |
| Dec 31, 2025 | 29.96 Mn |
| Sep 30, 2025 | 27.88 Mn |
| Jun 30, 2025 | 31.33 Mn |
| Mar 31, 2025 | 27.47 Mn |
| Dec 31, 2024 | 26.80 Mn |
| Sep 30, 2024 | 19.62 Mn |
| Jun 30, 2024 | 18.47 Mn |
| Mar 31, 2024 | 17.21 Mn |
| Dec 31, 2023 | 16.34 Mn |
| Sep 30, 2023 | 11.74 Mn |
| Jun 30, 2023 | 9.83 Mn |
| Mar 31, 2023 | 7.84 Mn |