Growth Metrics

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% on a QoQ basis from $23.8 million in Q4 2025.

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

  • Quarterly Research & Development fell 41.99% year-over-year to $20.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $94.5 million (down 28.34% YoY) and the FY2025 annual result came in at $109.4 million, down 15.92% from the prior year.
  • Research & Development slipped to $20.6 million in Q1 2026 per CRBU's latest filing, from $23.8 million in the prior quarter.
  • Across five years, Research & Development topped out at $35.5 million in Q1 2025 and bottomed at $13.9 million in Q1 2022.
  • The 5-year median for Research & Development is $26.5 million (2023), against an average of $26.7 million.
  • The widest annual swing landed in 2023, when Research & Development soared 84.64%; it then slumped 41.99% in 2026.
  • Tracing CRBU's Research & Development over 5 years: stood at $25.7 million in 2022, then climbed by 21.54% to $31.3 million in 2023, then dropped by 2.61% to $30.5 million in 2024, then retreated by 21.83% to $23.8 million in 2025, then declined by 13.45% to $20.6 million in 2026.
  • Per Business Quant, the three latest CRBU Research & Development figures stand at $20.6 million (Q1 2026), $23.8 million (Q4 2025), and $22.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - 626,092.00
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - 4.32 Mn
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -101.30 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 1.46 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 961.60 Mn
7 Evaxion A 62.56 Bn 62.54 Bn - -2.30 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 1.54 Bn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 364.87 Mn
10 Caribou Biosciences 232.46 Mn 114.84 Mn - 20.61 Mn

Historic Data

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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
Mar 31, 2021 10.17 Mn
Dec 31, 2020 12.02 Mn
Sep 30, 2020 6.18 Mn
Jun 30, 2020 7.58 Mn
Mar 31, 2020 8.64 Mn