IGC Pharma (IGC) Research & Development (2018 - 2025)
IGC Pharma's (IGC) quarterly Research & Development came in at $1.6 million in Q3 2025, up 73.17% year-over-year from $917000.0 in Q3 2024, and down 14.07% quarter-over-quarter from $1.8 million in Q2 2025.
Analysis
IGC Pharma (IGC) Research & Development (2018 - 2025) Analysis & Trends
IGC Pharma (IGC) has reported Research & Development for 8 consecutive years, with $1.6 million the latest figure, recorded in Q3 2025.
- On a quarterly basis, Research & Development rose 73.17% year-over-year to $1.6 million in Q3 2025; TTM through Sep 2025 was $5.3 million, a 47.17% increase from a year earlier, with the FY2026 full-year figure at $1.3 million, down 65.62% from the prior year.
- Research & Development was $1.6 million for Q3 2025 at IGC Pharma, down from $1.8 million in the prior quarter.
- Over five years, Research & Development peaked at $1.8 million in Q2 2025 and troughed at $276000.0 in Q3 2021.
- A 5-year average of $897631.6 and a median of $882000.0 in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 269.16% in 2022 and plunged 56.85% in 2023, its largest moves.
- Over 5 years, Research & Development stood at $377000.0 in 2021, then soared by 113.79% to $806000.0 in 2022, then grew by 12.03% to $903000.0 in 2023, then fell by 5.65% to $852000.0 in 2024, then surged by 86.38% to $1.6 million in 2025.
- The last three Research & Development figures came in at $1.6 million (Q3 2025), $1.8 million (Q2 2025), and $997000.0 (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | 1.87 Bn |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | 1.76 Bn |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | 993.80 Mn |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | 1.63 Bn |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | -486.00 Mn |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | 651.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | 529.60 Mn |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | 202.02 Mn |
| 10 | IGC Pharma | 27.77 Mn | 27.51 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 1.59 Mn |
| Jun 30, 2025 | 1.85 Mn |
| Mar 31, 2025 | 997,000.00 |
| Dec 31, 2024 | 852,000.00 |
| Sep 30, 2024 | 917,000.00 |
| Jun 30, 2024 | 889,000.00 |
| Mar 31, 2024 | 882,000.00 |
| Dec 31, 2023 | 903,000.00 |
| Sep 30, 2023 | 1.27 Mn |
| Jun 30, 2023 | 747,000.00 |
| Mar 31, 2023 | 532,000.00 |
| Dec 31, 2022 | 806,000.00 |
| Sep 30, 2022 | 768,000.00 |
| Jun 30, 2022 | 1.39 Mn |
| Mar 31, 2022 | 1.23 Mn |
| Dec 31, 2021 | 377,000.00 |
| Sep 30, 2021 | 276,000.00 |
| Jun 30, 2021 | 444,000.00 |
| Mar 31, 2021 | 334,000.00 |
| Dec 31, 2020 | 154,000.00 |