Kodiak Sciences (KOD) Research & Development (2017 - 2026)
Kodiak Sciences (KOD) reported Research & Development of $56.08 million for Q2 2026, up 31.2% from $42.76 million a year earlier and up 15.5% from the prior quarter.
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Analysis
Kodiak Sciences (KOD) Research & Development (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Kodiak Sciences' Research & Development came in at $200.6 million, up 33.7% year-over-year; for FY2025, it came in at $182.37 million, up 44.6% from FY2024.
- Research & Development has a five-year compound annual growth rate of 11.2% (FY2020 to FY2025).
- By year, Research & Development came in at $126.1 million in FY2024 (-38.9%), $206.3 million in FY2023 (-22.9%), $267.59 million in FY2022 (+23.1%) and $217.34 million in FY2021 (+102.4%).
- The Q2 2026 figure ranks as the highest quarterly Research & Development since Q2 2023.
- Year over year, Research & Development has now increased in each of the last six quarters, with growth averaging 22.2% over the last eight quarters.
- The high point for year-over-year Research & Development in five years was Q4 2021 (growth of 102.4%); the low point was Q2 2024 (a decline of 51.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $48.55 million (Q1 2026), $45.49 million (Q4 2025) and $50.48 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 3.65 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 2.34 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 9.74 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -2.85 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -4.05 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 1.87 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 1.76 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 2.81 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 993.80 Mn |
| 10 | Kodiak Sciences | 5.65 Bn | 5.65 Bn | - | 56.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.08 Mn |
| 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 |
API Access
Kodiak Sciences Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=KOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "KOD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=KOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();