Disc Medicine (IRON) Research & Development (2020 - 2026)
Disc Medicine (IRON) reported Research & Development of $45.9 million for Q1 2026, up 65.34% year-over-year from $27.8 million in Q1 2025, and down 0.69% quarter-over-quarter from $46.2 million in Q4 2025.
Disc Medicine (IRON) Research & Development (2020 - 2026) Analysis & Trends
Disc Medicine (IRON) has 7 years of Research & Development data on file, last reported at $45.9 million in Q1 2026.
- Research & Development for Q1 2026 came in at $45.9 million, up 65.34% year-over-year; the trailing twelve-month figure through Mar 2026 was $188.8 million (up 87.41% YoY), and the FY2025 annual result was $170.6 million, up 76.52% from the prior year.
- Research & Development eased to $45.9 million in Q1 2026 per IRON's latest filing, from $46.2 million in the prior quarter.
- Over five years, Research & Development peaked at $50.3 million in Q3 2025 and troughed at $7.7 million in Q2 2022.
- A 5-year average of $24.5 million and a median of $23.5 million in 2024 frame the typical range for Research & Development.
- On a YoY basis, Research & Development climbed as much as 191.78% in 2022 and fell as far as 41.39% in 2022.
- A 5-year view of Research & Development shows it stood at $10.0 million in 2022, then surged by 125.29% to $22.6 million in 2023, then advanced by 9.89% to $24.8 million in 2024, then jumped by 86.41% to $46.2 million in 2025, then dropped by 0.69% to $45.9 million in 2026.
- Business Quant data shows IRON's Research & Development at $45.9 million in Q1 2026, $46.2 million in Q4 2025, and $50.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.32 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 15.66 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 626,092.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -101.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -2.30 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 1.46 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 357,444.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 961.60 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -58.00 Mn |
| 10 | Disc Medicine | 2.73 Bn | 2.00 Bn | - | 45.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 45.90 Mn |
| Dec 31, 2025 | 46.22 Mn |
| Sep 30, 2025 | 50.33 Mn |
| Jun 30, 2025 | 46.32 Mn |
| Mar 31, 2025 | 27.76 Mn |
| Dec 31, 2024 | 24.80 Mn |
| Sep 30, 2024 | 24.69 Mn |
| Jun 30, 2024 | 23.49 Mn |
| Mar 31, 2024 | 23.70 Mn |
| Dec 31, 2023 | 22.57 Mn |
| Sep 30, 2023 | 14.42 Mn |
| Jun 30, 2023 | 12.10 Mn |
| Mar 31, 2023 | 20.18 Mn |
| Dec 31, 2022 | 10.02 Mn |
| Sep 30, 2022 | 7.89 Mn |
| Jun 30, 2022 | 7.71 Mn |
| Mar 31, 2022 | 7.82 Mn |
| Dec 31, 2021 | -10.91 Mn |
| Sep 30, 2021 | 13.46 Mn |
| Jun 30, 2021 | 10.84 Mn |