Genmab A GMAB
NASDAQ GMAB
$34.74 +0.21 (+0.61%)
At close: Sep 18, 2026 · 4:00 PM EDT

Genmab A (GMAB) Research & Development (2018 - 2026)

Genmab A's (GMAB) quarterly Research & Development came in at -$459.0 million in Q2 2026, up 36.51% on a YoY basis from -$336.2 million in Q2 2025, and down 4.32% quarter-over-quarter from -$440.0 million in Q1 2026.

Analysis

Genmab A (GMAB) Research & Development (2018 - 2026) Analysis & Trends

Genmab A (GMAB) has reported Research & Development for 9 consecutive years, with -$459.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development rose 36.51% year-over-year to -$459.0 million; the trailing twelve-month figure through Jun 2026 stood at -$2.7 billion (up 23.41% YoY), and the FY2025 full-year result was -$1.6 billion, down 13.58% from the prior year.
  • Research & Development eased to -$459.0 million in Q2 2026 per GMAB's latest filing, from -$440.0 million in the prior quarter.
  • Across five years, Research & Development topped out at -$130.7 million in Q2 2022 and bottomed at -$2.1 billion in Q3 2023.
  • Historically, Research & Development has averaged -$772.3 million across 5 years, with a median of -$696.0 million in 2024.
  • The widest YoY moves for Research & Development: up 50.57% in 2024, down 294.92% in 2024.
  • Over 5 years, Research & Development stood at -$130.7 million in 2022, then sank by 747.03% to -$1.1 billion in 2023, then retreated by 27.73% to -$1.4 billion in 2024, then grew by 23.62% to -$1.1 billion in 2025, then soared by 57.5% to -$459.0 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered -$459.0 million, -$440.0 million, and -$1.1 billion for Q2 2026, Q1 2026, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Amgen 208.48 Bn 194.49 Bn 7.24 Bn 1.87 Bn
2 Gilead Sciences 186.29 Bn 183.02 Bn 6.22 Bn 1.76 Bn
3 Vertex Pharmaceuticals 128.79 Bn 120.93 Bn 2.84 Bn 993.80 Mn
4 Regeneron Pharmaceuticals 80.66 Bn 72.67 Bn 3.93 Bn 1.63 Bn
5 Moderna 61.46 Bn 56.32 Bn 52.00 Mn 651.00 Mn
6 Argenx Se 61.28 Bn 56.10 Bn 1.37 Bn -486.00 Mn
7 Alnylam Pharmaceuticals 32.04 Bn 28.73 Bn 992.69 Mn 413.13 Mn
8 Biogen 31.84 Bn 30.56 Bn 1.96 Bn 529.60 Mn
9 Roivant Sciences 28.74 Bn 29.43 Bn 1.16 Mn 202.02 Mn
10 Genmab A 2.23 Bn 728.64 Mn 1.07 Bn -459.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -459.00 Mn
Mar 31, 2026 -440.00 Mn
Sep 30, 2025 -1.08 Bn
Jun 30, 2025 -723.00 Mn
Mar 31, 2025 -359.00 Mn
Dec 31, 2024 -1.41 Bn
Sep 30, 2024 -1.03 Bn
Jun 30, 2024 -696.00 Mn
Mar 31, 2024 -335.00 Mn
Dec 31, 2023 -1.11 Bn
Sep 30, 2023 -2.09 Bn
Jun 30, 2023 -176.24 Mn
Jun 30, 2022 -130.69 Mn
Dec 31, 2021 -104.07 Mn
Sep 30, 2021 -1.11 Bn
Jun 30, 2021 -109.36 Mn
Dec 31, 2020 -90.03 Mn
Sep 30, 2020 -721.00
Jun 30, 2020 -80.02 Mn
Dec 31, 2019 -608.00