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| Date | Value |
|---|---|
| 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 |