Connect Biopharma Holdings (CNTB) Research & Development (2024 - 2026)
Connect Biopharma Holdings' (CNTB) quarterly Research & Development came in at $16.3 million in Q2 2026, up 85.49% year-over-year from $8.8 million in Q2 2025, and up 8.27% quarter-over-quarter from $15.0 million in Q1 2026.
Analysis
Connect Biopharma Holdings (CNTB) Research & Development (2024 - 2026) Analysis & Trends
Connect Biopharma Holdings has disclosed Research & Development across 3 years of filings, most recently posting $16.3 million for Q2 2026.
- In Q2 2026, Research & Development rose 85.49% year-over-year to $16.3 million; the TTM figure through Jun 2026 stood at $53.7 million (up 75.18% YoY), while the FY2025 annual figure was $37.8 million, up 29.2% from the prior year.
- Research & Development came in at $16.3 million for Q2 2026 at Connect Biopharma Holdings, up from $15.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $16.3 million in Q2 2026 to a low of $5.3 million in Q2 2024.
- Average Research & Development over 3 years is $9.8 million, with a median of $8.9 million recorded in 2024.
- Year-over-year, Research & Development decreased 23.43% in 2025 and jumped 126.59% in 2026.
- Over 3 years, Research & Development stood at $6.2 million in 2024, then jumped by 80.92% to $11.3 million in 2025, then surged by 44.24% to $16.3 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $16.3 million in Q2 2026, $15.0 million in Q1 2026, and $11.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | 1.87 Bn |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | 1.76 Bn |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | 993.80 Mn |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | 1.63 Bn |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | -486.00 Mn |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | 651.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | 529.60 Mn |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | 202.02 Mn |
| 10 | Connect Biopharma Holdings | 129.86 Mn | 129.86 Mn | - | 16.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.27 Mn |
| Mar 31, 2026 | 15.03 Mn |
| Dec 31, 2025 | 11.28 Mn |
| Sep 30, 2025 | 11.11 Mn |
| Jun 30, 2025 | 8.77 Mn |
| Mar 31, 2025 | 6.63 Mn |
| Dec 31, 2024 | 6.24 Mn |
| Sep 30, 2024 | 9.01 Mn |
| Jun 30, 2024 | 5.35 Mn |
| Mar 31, 2024 | 8.66 Mn |