Janux Therapeutics (JANX) Research & Development (2020 - 2026)
Janux Therapeutics' (JANX) quarterly Research & Development came in at $26.8 million in Q1 2026, up 7.02% year-on-year from $25.1 million in Q1 2025, and down 15.01% on a QoQ basis from $31.5 million in Q4 2025.
Janux Therapeutics (JANX) Research & Development (2020 - 2026) Analysis & Trends
Janux Therapeutics (JANX) has 7 years of Research & Development data on file, last reported at $26.8 million in Q1 2026.
- On a quarterly basis, Research & Development rose 7.02% year-over-year to $26.8 million in Q1 2026; TTM through Mar 2026 was $127.7 million, a 60.83% increase from a year earlier, with the FY2025 full-year figure at $125.9 million, up 84.09% from the prior year.
- Research & Development for Q1 2026 stood at $26.8 million, down from $31.5 million in the prior quarter.
- Over the last five years, Research & Development for JANX reached as high as $34.7 million in Q2 2025 and fell as low as $10.2 million in Q1 2022.
- Historically, Research & Development has averaged $19.4 million across 5 years, with a median of $15.4 million in 2022.
- Across the five-year window, Research & Development jumped 429.04% in 2022 and slipped 20.69% in 2023, its largest moves.
- Year by year, Research & Development stood at $15.4 million in 2022, then declined by 20.69% to $12.2 million in 2023, then jumped by 69.97% to $20.8 million in 2024, then jumped by 51.63% to $31.5 million in 2025, then decreased by 15.01% to $26.8 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $26.8 million in Q1 2026, $31.5 million in Q4 2025, and $34.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -17.94 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 1.46 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 541.22 Mn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 961.60 Mn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 1.54 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 15.66 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -443.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 343.97 Mn |
| 10 | Janux Therapeutics | 964.43 Mn | 964.43 Mn | - | 26.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.81 Mn |
| Dec 31, 2025 | 31.55 Mn |
| Sep 30, 2025 | 34.63 Mn |
| Jun 30, 2025 | 34.66 Mn |
| Mar 31, 2025 | 25.06 Mn |
| Dec 31, 2024 | 20.81 Mn |
| Sep 30, 2024 | 18.61 Mn |
| Jun 30, 2024 | 14.90 Mn |
| Mar 31, 2024 | 14.07 Mn |
| Dec 31, 2023 | 12.24 Mn |
| Sep 30, 2023 | 11.89 Mn |
| Jun 30, 2023 | 14.92 Mn |
| Mar 31, 2023 | 15.87 Mn |
| Dec 31, 2022 | 15.43 Mn |
| Sep 30, 2022 | 13.74 Mn |
| Jun 30, 2022 | 14.09 Mn |
| Mar 31, 2022 | 10.18 Mn |
| Dec 31, 2021 | 11.17 Mn |
| Sep 30, 2021 | 8.41 Mn |
| Jun 30, 2021 | 4.74 Mn |