CG Oncology (CGON) Research & Development (2023 - 2026)

CG Oncology (CGON) reported Research & Development of $43.7 million for Q1 2026, up 59.21% on a YoY basis from $27.5 million in Q1 2025, and up 45.97% quarter-over-quarter from $30.0 million in Q4 2025.

CG Oncology (CGON) Research & Development (2023 - 2026) Analysis & Trends

CG Oncology has reported Research & Development for 4 years, with the latest figure 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.
  • The five-year high for Research & Development was $43.7 million in Q1 2026, with the low at $7.8 million in Q1 2023.
  • Historically, Research & Development has averaged $22.2 million across 4 years, with a median of $19.6 million in 2024.
  • Annual changes were most pronounced in 2024 — Research & Development surged 119.46% — and 2025, when it rose 11.78%.
  • CG Oncology's Research & Development stood at $16.3 million in 2023, then soared by 64.01% to $26.8 million in 2024, then increased by 11.78% to $30.0 million in 2025, then jumped 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 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 CG Oncology 5.16 Bn 5.16 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