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

Caribou Biosciences (CRBU) reported Research & Development of $20.6 million for Q1 2026, down 41.99% year-over-year from $35.5 million in Q1 2025, and down 13.45% quarter-over-quarter 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.

  • Research & Development for Q1 2026 came in at $20.6 million, down 41.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $94.5 million (down 28.34% YoY), and the FY2025 annual result was $109.4 million, down 15.92% from the prior year.
  • Research & Development retreated to $20.6 million in Q1 2026 per CRBU's latest filing, from $23.8 million in the prior quarter.
  • Over five years, Research & Development peaked at $35.5 million in Q1 2025 and troughed at $13.9 million in Q1 2022.
  • A 5-year average of $26.7 million and a median of $26.5 million in 2023 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2023 and 2026: Research & Development surged 84.64% in 2023, then plunged 41.99% in 2026.
  • A 5-year view of Research & Development shows it stood at $25.7 million in 2022, then increased by 21.54% to $31.3 million in 2023, then fell by 2.61% to $30.5 million in 2024, then slipped by 21.83% to $23.8 million in 2025, then retreated by 13.45% to $20.6 million in 2026.
  • Business Quant data shows CRBU's Research & Development at $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 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.32 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 15.66 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 626,092.00
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -101.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -2.30 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 1.46 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 357,444.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 961.60 Mn
9 Abivax 91.96 Bn 91.96 Bn - -58.00 Mn
10 Caribou Biosciences 156.73 Mn 39.11 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