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 🔒
DateValue
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