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
DateValue
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