Disc Medicine (IRON) Research & Development (2020 - 2026)
Disc Medicine (IRON) reported Research & Development of $46.93 million for Q2 2026, up 1.3% from $46.32 million a year earlier and up 2.2% from the prior quarter.
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Analysis
Disc Medicine (IRON) Research & Development (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Disc Medicine's Research & Development came in at $189.4 million, up 53.3% year-over-year; for FY2025, it was $170.64 million, up 76.5% from FY2024.
- Research & Development has increased for four consecutive years, with a five-year compound annual growth rate of 43.4% (FY2020 to FY2025).
- By year, Research & Development came in at $96.67 million in FY2024 (+39.6%), $69.26 million in FY2023 (+107.1%), $33.44 million in FY2022 (+32.8%) and $25.17 million in FY2021 (-10.6%).
- Five-year quarterly Research & Development spans a low of -$10.91 million in Q4 2021 and a high of $50.33 million in Q3 2025.
- Year over year, Research & Development has now increased in each of the last 14 quarters, with growth averaging 56.6% over the last eight quarters.
- The high point for year-over-year Research & Development in five years was Q1 2023 (growth of 158.0%); the low point was Q3 2022 (a decline of 41.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $45.9 million (Q1 2026), $46.22 million (Q4 2025) and $50.33 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 3.65 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 2.34 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 9.74 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -2.85 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -4.05 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 1.87 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 1.76 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 2.81 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 993.80 Mn |
| 10 | Disc Medicine | 2.49 Bn | 2.49 Bn | - | 46.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.93 Mn |
| 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 |
API Access
Disc Medicine Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=IRON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "IRON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=IRON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();