Caribou Biosciences (CRBU) Research & Development (2020 - 2026)

Caribou Biosciences' (CRBU) quarterly Research & Development came in at $20.6 million in Q1 2026, down 41.99% year-on-year from $35.5 million in Q1 2025, and down 13.45% on a QoQ basis from $23.8 million in Q4 2025.

Caribou Biosciences (CRBU) Research & Development (2020 - 2026) Analysis & Trends

Caribou Biosciences (CRBU) has 7 years of Research & Development data on file, last reported at $20.6 million in Q1 2026.

  • On a quarterly basis, Research & Development fell 41.99% year-over-year to $20.6 million in Q1 2026; TTM through Mar 2026 was $94.5 million, a 28.34% decrease from a year earlier, with the FY2025 full-year figure at $109.4 million, down 15.92% from the prior year.
  • Research & Development for Q1 2026 stood at $20.6 million, down from $23.8 million in the prior quarter.
  • Over the last five years, Research & Development for CRBU reached as high as $35.5 million in Q1 2025 and fell as low as $13.9 million in Q1 2022.
  • Historically, Research & Development has averaged $26.7 million across 5 years, with a median of $26.5 million in 2023.
  • Across the five-year window, Research & Development soared 84.64% in 2023 and slumped 41.99% in 2026, its largest moves.
  • Year by year, Research & Development stood at $25.7 million in 2022, then advanced by 21.54% to $31.3 million in 2023, then slipped by 2.61% to $30.5 million in 2024, then fell by 21.83% to $23.8 million in 2025, then dropped by 13.45% to $20.6 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $20.6 million in Q1 2026, $23.8 million in Q4 2025, and $22.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -17.94 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 541.22 Mn
4 NuCana 279.75 Bn 279.75 Bn - -2.31 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 15.66 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 1.37 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 343.97 Mn
10 Caribou Biosciences 156.25 Mn 38.63 Mn - 20.61 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 20.61 Mn
Dec 31, 2025 23.82 Mn
Sep 30, 2025 22.40 Mn
Jun 30, 2025 27.69 Mn
Mar 31, 2025 35.53 Mn
Dec 31, 2024 30.46 Mn
Sep 30, 2024 30.42 Mn
Jun 30, 2024 35.48 Mn
Mar 31, 2024 33.79 Mn
Dec 31, 2023 31.28 Mn
Sep 30, 2023 28.58 Mn
Jun 30, 2023 26.50 Mn
Mar 31, 2023 25.71 Mn
Dec 31, 2022 25.74 Mn
Sep 30, 2022 19.99 Mn
Jun 30, 2022 22.58 Mn
Mar 31, 2022 13.92 Mn
Dec 31, 2021 15.11 Mn
Sep 30, 2021 15.83 Mn
Jun 30, 2021 12.33 Mn