Enliven Therapeutics (ELVN) Research & Development (2019 - 2026)

Enliven Therapeutics (ELVN) posted Research & Development of $20.7 million for Q1 2026, down 2.63% sequentially from $21.2 million in Q4 2025, and down 16.9% YoY from $24.9 million in Q1 2025.

Enliven Therapeutics (ELVN) Research & Development (2019 - 2026) Analysis & Trends

Enliven Therapeutics has reported Research & Development for 8 years, with the latest figure at $20.7 million in Q1 2026.

  • Quarterly Research & Development fell 16.9% year-over-year to $20.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $81.6 million (down 4.73% YoY) and the FY2025 annual result came in at $85.9 million, up 6.29% from the prior year.
  • Research & Development retreated to $20.7 million in Q1 2026 per ELVN's latest filing, from $21.2 million in the prior quarter.
  • Over five years, Research & Development peaked at $24.9 million in Q1 2025 and troughed at $7.1 million in Q1 2022.
  • A 5-year average of $16.6 million and a median of $18.8 million in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2023: Research & Development decreased 24.7% in 2022, then jumped 150.43% in 2023.
  • Over 5 years, Research & Development stood at $8.2 million in 2022, then surged by 118.43% to $17.9 million in 2023, then climbed by 15.74% to $20.7 million in 2024, then advanced by 2.51% to $21.2 million in 2025, then decreased by 2.63% to $20.7 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $20.7 million, $21.2 million, and $18.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 993.80 Mn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 1.63 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 1.37 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn - 394.92 Mn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 612.28 Mn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn 1,146.05
7 Royalty Pharma 33.72 Bn 35.84 Bn - 97.90 Mn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 413.13 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn 210.03 Mn
10 Enliven Therapeutics 4.31 Bn 3.41 Bn - 29.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 29.00 Mn
Mar 31, 2026 20.69 Mn
Dec 31, 2025 21.25 Mn
Sep 30, 2025 18.23 Mn
Jun 30, 2025 21.49 Mn
Mar 31, 2025 24.90 Mn
Dec 31, 2024 20.72 Mn
Sep 30, 2024 21.26 Mn
Jun 30, 2024 18.83 Mn
Mar 31, 2024 19.97 Mn
Dec 31, 2023 17.91 Mn
Sep 30, 2023 19.61 Mn
Jun 30, 2023 15.18 Mn
Mar 31, 2023 11.88 Mn
Dec 31, 2022 8.20 Mn
Sep 30, 2022 7.83 Mn
Jun 30, 2022 7.94 Mn
Mar 31, 2022 7.06 Mn
Dec 31, 2021 10.86 Mn
Sep 30, 2021 10.40 Mn