Cardiff Oncology (CRDF) Research & Development (2011 - 2026)
Cardiff Oncology (CRDF) posted Research & Development of $5.1 million for Q4 2025, down 38.09% sequentially from $8.2 million in Q3 2025, and down 47.75% YoY from $9.7 million in Q4 2024.
Cardiff Oncology (CRDF) Research & Development (2011 - 2026) Analysis & Trends
Cardiff Oncology has reported Research & Development for 15 years, with the latest figure at $5.1 million in Q4 2025.
- Quarterly Research & Development fell 47.75% year-over-year to $5.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $35.3 million (down 4.14% YoY) and the FY2025 annual result came in at $35.3 million, down 4.13% from the prior year.
- Research & Development slipped to $5.1 million in Q4 2025 per CRDF's latest filing, from $8.2 million in the prior quarter.
- Over five years, Research & Development peaked at $11.6 million in Q2 2025 and troughed at $3.3 million in Q1 2021.
- A 5-year average of $7.5 million and a median of $7.9 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2025: Research & Development soared 119.82% in 2022, then slumped 47.75% in 2025.
- Over 5 years, Research & Development stood at $5.8 million in 2021, then grew by 10.61% to $6.4 million in 2022, then climbed by 20.51% to $7.8 million in 2023, then grew by 25.11% to $9.7 million in 2024, then plunged by 47.75% to $5.1 million in 2025.
- According to Business Quant data, Research & Development over the past three periods registered $5.1 million, $8.2 million, and $11.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.13 Bn | 131.28 Bn | 2.84 Bn | 993.80 Mn |
| 2 | Regeneron Pharmaceuticals | 85.77 Bn | 77.77 Bn | 3.93 Bn | 1.63 Bn |
| 3 | Argenx Se | 64.64 Bn | 59.46 Bn | 1.37 Bn | 1.37 Bn |
| 4 | Moderna | 58.29 Bn | 53.16 Bn | 52.00 Mn | 651.00 Mn |
| 5 | BeOne Medicines | 41.92 Bn | 36.82 Bn | 1.53 Bn | 612.28 Mn |
| 6 | Alnylam Pharmaceuticals | 31.58 Bn | 28.28 Bn | 992.69 Mn | 413.13 Mn |
| 7 | BioNTech SE | 28.12 Bn | 9.73 Bn | 668.28 Mn | -588.31 Mn |
| 8 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | 210.03 Mn |
| 9 | Royalty Pharma | 27.27 Bn | 26.43 Bn | - | 97.90 Mn |
| 10 | Cardiff Oncology | 60.21 Mn | 60.21 Mn | - | 5.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.92 Mn |
| Dec 31, 2025 | 5.08 Mn |
| Sep 30, 2025 | 8.20 Mn |
| Jun 30, 2025 | 11.58 Mn |
| Mar 31, 2025 | 10.48 Mn |
| Dec 31, 2024 | 9.71 Mn |
| Sep 30, 2024 | 9.64 Mn |
| Jun 30, 2024 | 9.49 Mn |
| Mar 31, 2024 | 8.01 Mn |
| Dec 31, 2023 | 7.76 Mn |
| Sep 30, 2023 | 8.02 Mn |
| Jun 30, 2023 | 8.02 Mn |
| Mar 31, 2023 | 9.05 Mn |
| Dec 31, 2022 | 6.44 Mn |
| Sep 30, 2022 | 6.01 Mn |
| Jun 30, 2022 | 7.45 Mn |
| Mar 31, 2022 | 7.21 Mn |
| Dec 31, 2021 | 5.82 Mn |
| Sep 30, 2021 | 4.15 Mn |
| Jun 30, 2021 | 4.12 Mn |