Cue Biopharma (CUE) Research & Development (2017 - 2025)
Cue Biopharma's (CUE) quarterly Research & Development came in at $16.5 million in Q4 2025, up 130.12% year-on-year from $7.2 million in Q4 2024, and up 247.75% quarter-over-quarter from $4.8 million in Q3 2025.
Cue Biopharma (CUE) Research & Development (2017 - 2025) Analysis & Trends
Cue Biopharma has disclosed Research & Development across 9 years of filings, most recently posting $16.5 million for Q4 2025.
- Research & Development for Q4 2025 came in at $16.5 million, up 130.12% year-over-year; the trailing twelve-month figure through Dec 2025 was $37.7 million (up 3.99% YoY), and the FY2025 annual result was $37.7 million, up 3.99% from the prior year.
- Research & Development came in at $16.5 million for Q4 2025 at Cue Biopharma, up from $4.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $16.5 million in Q4 2025 to a low of $4.8 million in Q3 2025.
- The 5-year median for Research & Development is $9.7 million (2021), against an average of $9.7 million.
- Peak annual rise in Research & Development reached 130.12% in 2025, while the deepest fall reached 49.32% in 2025.
- Cue Biopharma's Research & Development stood at $11.5 million in 2021, then dropped by 1.47% to $11.3 million in 2022, then decreased by 3.93% to $10.9 million in 2023, then slumped by 34.01% to $7.2 million in 2024, then surged by 130.12% to $16.5 million in 2025.
- The last three Research & Development figures came in at $16.5 million (Q4 2025), $4.8 million (Q3 2025), and $7.9 million (Q2 2025), per Business Quant data.
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 | Cue Biopharma | 581.16 Mn | 553.47 Mn | - | 16.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 16.53 Mn |
| Sep 30, 2025 | 4.75 Mn |
| Jun 30, 2025 | 7.91 Mn |
| Mar 31, 2025 | 8.55 Mn |
| Dec 31, 2024 | 7.18 Mn |
| Sep 30, 2024 | 9.38 Mn |
| Jun 30, 2024 | 9.53 Mn |
| Mar 31, 2024 | 10.20 Mn |
| Dec 31, 2023 | 10.89 Mn |
| Sep 30, 2023 | 9.87 Mn |
| Jun 30, 2023 | 10.65 Mn |
| Mar 31, 2023 | 9.39 Mn |
| Dec 31, 2022 | 11.33 Mn |
| Sep 30, 2022 | 7.57 Mn |
| Jun 30, 2022 | 9.59 Mn |
| Mar 31, 2022 | 10.08 Mn |
| Dec 31, 2021 | 11.50 Mn |
| Sep 30, 2021 | 11.29 Mn |
| Jun 30, 2021 | 8.76 Mn |
| Mar 31, 2021 | 9.82 Mn |