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
DateValue
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