Cogent Biosciences (COGT) Research & Development (2017 - 2026)
Cogent Biosciences' (COGT) quarterly Research & Development came in at $75.4 million in Q1 2026, up 19.57% year-on-year from $63.0 million in Q1 2025, and little changed on a QoQ basis from $75.6 million in Q4 2025.
Cogent Biosciences (COGT) Research & Development (2017 - 2026) Analysis & Trends
Cogent Biosciences (COGT) has 10 years of Research & Development data on file, last reported at $75.4 million in Q1 2026.
- On a quarterly basis, Research & Development rose 19.57% year-over-year to $75.4 million in Q1 2026; TTM through Mar 2026 was $282.1 million, a 16.11% increase from a year earlier, with the FY2025 full-year figure at $269.8 million, up 15.96% from the prior year.
- Research & Development for Q1 2026 stood at $75.4 million, roughly flat from $75.6 million in the prior quarter.
- Over the last five years, Research & Development for COGT reached as high as $75.6 million in Q4 2025 and fell as low as $25.5 million in Q1 2022.
- Historically, Research & Development has averaged $51.4 million across 5 years, with a median of $52.7 million in 2024.
- Across the five-year window, Research & Development jumped 210.12% in 2022 and climbed 8.45% in 2025, its largest moves.
- Year by year, Research & Development stood at $36.7 million in 2022, then surged by 32.6% to $48.7 million in 2023, then climbed by 27.35% to $62.0 million in 2024, then climbed by 21.78% to $75.6 million in 2025, then slipped by 0.26% to $75.4 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $75.4 million in Q1 2026, $75.6 million in Q4 2025, and $69.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -17.94 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 1.46 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 541.22 Mn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 961.60 Mn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 1.54 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 15.66 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -443.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 343.97 Mn |
| 10 | Cogent Biosciences | 6.45 Bn | 6.45 Bn | - | 75.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 75.37 Mn |
| Dec 31, 2025 | 75.56 Mn |
| Sep 30, 2025 | 68.99 Mn |
| Jun 30, 2025 | 62.20 Mn |
| Mar 31, 2025 | 63.03 Mn |
| Dec 31, 2024 | 62.05 Mn |
| Sep 30, 2024 | 63.61 Mn |
| Jun 30, 2024 | 54.29 Mn |
| Mar 31, 2024 | 52.71 Mn |
| Dec 31, 2023 | 48.72 Mn |
| Sep 30, 2023 | 50.13 Mn |
| Jun 30, 2023 | 38.87 Mn |
| Mar 31, 2023 | 36.04 Mn |
| Dec 31, 2022 | 36.74 Mn |
| Sep 30, 2022 | 29.94 Mn |
| Jun 30, 2022 | 29.48 Mn |
| Mar 31, 2022 | 25.47 Mn |
| Dec 31, 2021 | 20.51 Mn |
| Sep 30, 2021 | 14.80 Mn |
| Jun 30, 2021 | 12.39 Mn |