Jasper Therapeutics (JSPR) Research & Development (2020 - 2025)
Jasper Therapeutics (JSPR) posted Research & Development of $11.4 million for Q4 2025, down 21.06% on a QoQ basis from $14.4 million in Q3 2025, and down 42.55% year-over-year from $19.8 million in Q4 2024.
Analysis
Jasper Therapeutics (JSPR) Research & Development (2020 - 2025) Analysis & Trends
Jasper Therapeutics has reported Research & Development for 6 years, with the latest figure at $11.4 million in Q4 2025.
- On a quarterly basis, Research & Development fell 42.55% year-over-year to $11.4 million in Q4 2025; TTM through Dec 2025 was $63.1 million, a 13.05% increase from a year earlier, with the FY2025 full-year figure at $63.1 million, up 13.05% from the prior year.
- Research & Development was $11.4 million for Q4 2025 at Jasper Therapeutics, down from $14.4 million in the prior quarter.
- The five-year high for Research & Development was $21.2 million in Q2 2025, with the low at $842000.0 in Q4 2022.
- Average Research & Development over 5 years is $11.1 million, with a median of $10.8 million recorded in 2024.
- The sharpest annual moves came in 2021 and 2022: Research & Development surged 4790.96% in 2021, then tumbled 90.27% in 2022.
- Over 5 years, Research & Development stood at $8.7 million in 2021, then sank by 90.27% to $842000.0 in 2022, then surged by 1543.11% to $13.8 million in 2023, then jumped by 42.91% to $19.8 million in 2024, then slumped by 42.55% to $11.4 million in 2025.
- The last three Research & Development figures came in at $11.4 million (Q4 2025), $14.4 million (Q3 2025), and $21.2 million (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | 1.87 Bn |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | 1.76 Bn |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | 993.80 Mn |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | 1.63 Bn |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | -486.00 Mn |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | 651.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | 529.60 Mn |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | 202.02 Mn |
| 10 | Jasper Therapeutics | 20.11 Mn | 20.11 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 11.36 Mn |
| Sep 30, 2025 | 14.39 Mn |
| Jun 30, 2025 | 21.20 Mn |
| Mar 31, 2025 | 16.16 Mn |
| Dec 31, 2024 | 19.77 Mn |
| Sep 30, 2024 | 14.46 Mn |
| Jun 30, 2024 | 11.30 Mn |
| Mar 31, 2024 | 10.30 Mn |
| Dec 31, 2023 | 13.84 Mn |
| Sep 30, 2023 | 14.85 Mn |
| Jun 30, 2023 | 13.30 Mn |
| Mar 31, 2023 | 9.81 Mn |
| Dec 31, 2022 | 842,000.00 |
| Sep 30, 2022 | 9.02 Mn |
| Jun 30, 2022 | 8.14 Mn |
| Mar 31, 2022 | 8.19 Mn |
| Dec 31, 2021 | 8.66 Mn |
| Sep 30, 2021 | 7.19 Mn |
| Jun 30, 2021 | 5.16 Mn |
| Mar 31, 2021 | 4.42 Mn |