Connect Biopharma Holdings (CNTB) Research & Development (2024 - 2026)

Connect Biopharma Holdings (CNTB) posted quarterly Research & Development of $15.0 million for Q1 2026, up 126.59% year-on-year from $6.6 million in Q1 2025, and up 33.22% on a QoQ basis from $11.3 million in Q4 2025.

Connect Biopharma Holdings (CNTB) Research & Development (2024 - 2026) Analysis & Trends

Connect Biopharma Holdings (CNTB) has reported Research & Development for 3 consecutive years, with $15.0 million the latest figure, recorded in Q1 2026.

  • Quarterly Research & Development rose 126.59% year-over-year to $15.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $46.2 million (up 69.67% YoY) and the FY2025 annual result came in at $37.8 million, up 29.2% from the prior year.
  • Research & Development climbed to $15.0 million in Q1 2026 per CNTB's latest filing, from $11.3 million in the prior quarter.
  • Over the last five years, Research & Development for CNTB reached as high as $15.0 million in Q1 2026 and fell as low as $5.3 million in Q2 2024.
  • A 3-year average of $9.1 million and a median of $8.8 million in 2025 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2025 — Research & Development declined 23.43% — and 2026, when it jumped 126.59%.
  • Year by year, Research & Development stood at $6.2 million in 2024, then soared by 80.92% to $11.3 million in 2025, then soared by 33.22% to $15.0 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $15.0 million, $11.3 million, and $11.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 66,981.90 Bn 66,981.62 Bn - -17.94 Mn
2 Nanobiotix 1,913.50 Bn 1,913.44 Bn - -
3 Akari Therapeutics 959.56 Bn 959.56 Bn - 1.46 Mn
4 BeOne Medicines 472.03 Bn 467.24 Bn 1.35 Bn 541.22 Mn
5 Vertex Pharmaceuticals 122.09 Bn 114.84 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 70.01 Bn 61.26 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 62.34 Bn 62.34 Bn - 15.66 Mn
8 Argenx Se 55.99 Bn 50.80 Bn 1.41 Bn 1.37 Bn
9 Alnylam Pharmaceuticals 37.49 Bn 34.48 Bn 959.66 Mn 364.87 Mn
10 Connect Biopharma Holdings 122.70 Mn 122.70 Mn - 15.03 Mn

Historic Data

Download Data
DateValue
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