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
DateValue
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