Kodiak Sciences (KOD) Research & Development (2017 - 2026)

Kodiak Sciences (KOD) reported Research & Development of $48.5 million for Q1 2026, up 11.23% on a YoY basis from $43.6 million in Q1 2025, and up 6.71% quarter-over-quarter from $45.5 million in Q4 2025.

Kodiak Sciences (KOD) Research & Development (2017 - 2026) Analysis & Trends

Kodiak Sciences has reported Research & Development for 10 years, with the latest figure at $48.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 11.23% year-over-year to $48.5 million; the trailing twelve-month figure through Mar 2026 stood at $187.3 million (up 33.95% YoY), and the FY2025 full-year result was $182.4 million, up 44.63% from the prior year.
  • Research & Development for Q1 2026 stood at $48.5 million, up from $45.5 million in the prior quarter.
  • The five-year high for Research & Development was $76.2 million in Q1 2022, with the low at $29.9 million in Q1 2024.
  • Historically, Research & Development has averaged $48.9 million across 5 years, with a median of $46.6 million in 2023.
  • Annual changes were most pronounced in 2022 — Research & Development surged 88.85% — and 2024, when it sank 51.44%.
  • Kodiak Sciences' Research & Development stood at $56.0 million in 2022, then slipped by 16.73% to $46.6 million in 2023, then tumbled by 31.86% to $31.8 million in 2024, then surged by 43.19% to $45.5 million in 2025, then climbed by 6.71% to $48.5 million in 2026.
  • The last three Research & Development figures came in at $48.5 million (Q1 2026), $45.5 million (Q4 2025), and $50.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alterity Therapeutics 762,369.55 Bn 762,369.51 Bn - 4.32 Mn
2 Belite Bio 55,096.00 Bn 55,096.00 Bn - 15.66 Mn
3 Quantum Biopharma 17,755.80 Bn 17,755.79 Bn - 626,092.00
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn -101.30 Mn
5 Akari Therapeutics 1,737.42 Bn 1,737.41 Bn - 1.46 Mn
6 Evaxion A 1,551.28 Bn 1,551.26 Bn - -2.30 Mn
7 Psyence Biomedical 227.32 Bn 227.31 Bn - 357,444.00
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn 961.60 Mn
9 Abivax 91.71 Bn 91.71 Bn - -58.00 Mn
10 Kodiak Sciences 1.95 Bn 1.95 Bn - 48.55 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 48.55 Mn
Dec 31, 2025 45.49 Mn
Sep 30, 2025 50.48 Mn
Jun 30, 2025 42.76 Mn
Mar 31, 2025 43.64 Mn
Dec 31, 2024 31.77 Mn
Sep 30, 2024 31.88 Mn
Jun 30, 2024 32.51 Mn
Mar 31, 2024 29.93 Mn
Dec 31, 2023 46.63 Mn
Sep 30, 2023 36.19 Mn
Jun 30, 2023 66.96 Mn
Mar 31, 2023 56.52 Mn
Dec 31, 2022 55.99 Mn
Sep 30, 2022 61.68 Mn
Jun 30, 2022 73.74 Mn
Mar 31, 2022 76.18 Mn
Dec 31, 2021 75.60 Mn
Sep 30, 2021 56.00 Mn
Jun 30, 2021 45.40 Mn