Growth Metrics

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% on a QoQ basis from $46.2 million in Q4 2025.

Disc Medicine (IRON) has 7 years of Research & Development data on file, last reported at $45.9 million in Q1 2026.

  • Quarterly Research & Development rose 65.34% year-over-year to $45.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $188.8 million (up 87.41% YoY) and the FY2025 annual result came in at $170.6 million, up 76.52% from the prior year.
  • Research & Development declined to $45.9 million in Q1 2026 per IRON's latest filing, from $46.2 million in the prior quarter.
  • Across five years, Research & Development topped out at $50.3 million in Q3 2025 and bottomed at $7.7 million in Q2 2022.
  • The 5-year median for Research & Development is $23.5 million (2024), against an average of $24.5 million.
  • Peak annual rise in Research & Development reached 191.78% in 2022, while the deepest fall reached 41.39% in 2022.
  • Tracing IRON's Research & Development over 5 years: stood at $10.0 million in 2022, then soared by 125.29% to $22.6 million in 2023, then rose by 9.89% to $24.8 million in 2024, then surged by 86.41% to $46.2 million in 2025, then decreased by 0.69% to $45.9 million in 2026.
  • Per Business Quant, the three latest IRON Research & Development figures stand at $45.9 million (Q1 2026), $46.2 million (Q4 2025), and $50.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - 626,092.00
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - 4.32 Mn
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -101.30 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 1.46 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 961.60 Mn
7 Evaxion A 62.56 Bn 62.54 Bn - -2.30 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 1.54 Bn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 364.87 Mn
10 Disc Medicine 2.76 Bn 2.03 Bn - 45.90 Mn

Historic Data

Download Data 🔒
DateValue
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
Mar 31, 2021 11.79 Mn
Dec 31, 2020 7.70 Mn
Sep 30, 2020 6.73 Mn
Jun 30, 2020 5.53 Mn
Mar 31, 2020 8.22 Mn