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| Date | Value |
|---|---|
| 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 |