Forte Biosciences (FBRX) Research & Development (2016 - 2026)
Forte Biosciences' (FBRX) quarterly Research & Development came in at $20.3 million in Q1 2026, up 62.02% year-on-year from $12.5 million in Q1 2025, and down 5.86% on a QoQ basis from $21.6 million in Q4 2025.
Forte Biosciences (FBRX) Research & Development (2016 - 2026) Analysis & Trends
Forte Biosciences (FBRX) has 11 years of Research & Development data on file, last reported at $20.3 million in Q1 2026.
- On a quarterly basis, Research & Development rose 62.02% year-over-year to $20.3 million in Q1 2026; TTM through Mar 2026 was $65.4 million, a 126.13% increase from a year earlier, with the FY2025 full-year figure at $57.6 million, up 178.3% from the prior year.
- Research & Development for Q1 2026 stood at $20.3 million, down from $21.6 million in the prior quarter.
- Over the last five years, Research & Development for FBRX reached as high as $21.6 million in Q4 2025 and fell as low as $693000.0 in Q1 2022.
- Historically, Research & Development has averaged $7.4 million across 5 years, with a median of $5.6 million in 2024.
- Across the five-year window, Research & Development plunged 79.14% in 2022 and jumped 590.76% in 2023, its largest moves.
- Year by year, Research & Development stood at $2.5 million in 2022, then surged by 43.37% to $3.6 million in 2023, then surged by 42.42% to $5.1 million in 2024, then jumped by 324.92% to $21.6 million in 2025, then declined by 5.86% to $20.3 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $20.3 million in Q1 2026, $21.6 million in Q4 2025, and $15.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -17.94 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 541.22 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -2.31 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 961.60 Mn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 1.54 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 15.66 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 1.37 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 343.97 Mn |
| 10 | Forte Biosciences | 174.08 Mn | 115.88 Mn | - | 20.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.32 Mn |
| Dec 31, 2025 | 21.59 Mn |
| Sep 30, 2025 | 15.05 Mn |
| Jun 30, 2025 | 8.47 Mn |
| Mar 31, 2025 | 12.54 Mn |
| Dec 31, 2024 | 5.08 Mn |
| Sep 30, 2024 | 5.72 Mn |
| Jun 30, 2024 | 5.59 Mn |
| Mar 31, 2024 | 4.32 Mn |
| Dec 31, 2023 | 3.57 Mn |
| Sep 30, 2023 | 6.37 Mn |
| Jun 30, 2023 | 7.14 Mn |
| Mar 31, 2023 | 4.79 Mn |
| Dec 31, 2022 | 2.49 Mn |
| Sep 30, 2022 | 1.38 Mn |
| Jun 30, 2022 | 1.03 Mn |
| Mar 31, 2022 | 693,000.00 |
| Dec 31, 2021 | 1.35 Mn |
| Sep 30, 2021 | 5.66 Mn |
| Jun 30, 2021 | 3.52 Mn |