CorMedix (CRMD) Research & Development (2010 - 2025)

CorMedix's (CRMD) quarterly Research & Development came in at $8.6 million in Q4 2025, up 398.14% year-on-year from $1.7 million in Q4 2024, and up 68.71% quarter-over-quarter from $5.1 million in Q3 2025.

CorMedix (CRMD) Research & Development (2010 - 2025) Analysis & Trends

CorMedix has disclosed Research & Development across 15 years of filings, most recently posting $8.6 million for Q4 2025.

  • Research & Development for Q4 2025 came in at $8.6 million, up 398.14% year-over-year; the trailing twelve-month figure through Dec 2025 was $19.3 million (up 390.44% YoY), and the FY2025 annual result was $19.3 million, up 390.44% from the prior year.
  • Research & Development came in at $8.6 million for Q4 2025 at CorMedix, up from $5.1 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $8.6 million in Q4 2025 to a low of $650988.0 in Q2 2024.
  • The 5-year median for Research & Development is $2.7 million (2021), against an average of $3.0 million.
  • Across the five-year window, Research & Development slumped 86.42% in 2024 and surged 601.07% in 2025, its largest moves.
  • CorMedix's Research & Development stood at $3.2 million in 2021, then decreased by 12.12% to $2.8 million in 2022, then fell by 19.5% to $2.3 million in 2023, then decreased by 24.57% to $1.7 million in 2024, then soared by 398.14% to $8.6 million in 2025.
  • The last three Research & Development figures came in at $8.6 million (Q4 2025), $5.1 million (Q3 2025), and $2.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alterity Therapeutics 762,369.55 Bn 762,369.51 Bn - 4.32 Mn
2 Belite Bio 55,096.00 Bn 55,096.00 Bn - 15.66 Mn
3 Quantum Biopharma 17,755.80 Bn 17,755.79 Bn - 626,092.00
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn -101.30 Mn
5 Akari Therapeutics 1,737.42 Bn 1,737.41 Bn - 1.46 Mn
6 Evaxion A 1,551.28 Bn 1,551.26 Bn - -2.30 Mn
7 Psyence Biomedical 227.32 Bn 227.31 Bn - 357,444.00
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn 961.60 Mn
9 Abivax 91.71 Bn 91.71 Bn - -58.00 Mn
10 CorMedix 631,378.03 -154.57 Mn 107.31 Mn 8.60 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 8.60 Mn
Sep 30, 2025 5.10 Mn
Jun 30, 2025 2.44 Mn
Mar 31, 2025 3.19 Mn
Dec 31, 2024 1.73 Mn
Sep 30, 2024 727,119.00
Jun 30, 2024 650,988.00
Mar 31, 2024 837,445.00
Dec 31, 2023 2.29 Mn
Sep 30, 2023 2.66 Mn
Jun 30, 2023 4.79 Mn
Mar 31, 2023 3.41 Mn
Dec 31, 2022 2.84 Mn
Sep 30, 2022 2.34 Mn
Jun 30, 2022 3.21 Mn
Mar 31, 2022 2.29 Mn
Dec 31, 2021 3.24 Mn
Sep 30, 2021 4.74 Mn
Jun 30, 2021 2.52 Mn
Mar 31, 2021 2.64 Mn