Keros Therapeutics KROS
NASDAQ KROS
$11.10 -0.21 (-1.85%)
As of: Sep 10, 2026 · 1:27 PM EDT

Keros Therapeutics (KROS) Research & Development (2019 - 2026)

Keros Therapeutics' (KROS) quarterly Research & Development came in at $22.3 million in Q2 2026, down 48.67% on a YoY basis from $43.5 million in Q2 2025, and up 24.67% quarter-over-quarter from $17.9 million in Q4 2025.

Analysis

Keros Therapeutics (KROS) Research & Development (2019 - 2026) Analysis & Trends

Keros Therapeutics (KROS) has reported Research & Development for 8 consecutive years, with $22.3 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development fell 48.67% year-over-year to $22.3 million; the trailing twelve-month figure through Jun 2026 stood at $103.3 million (down 44.8% YoY), and the FY2025 full-year result was $129.6 million, down 25.33% from the prior year.
  • Research & Development climbed to $22.3 million in Q2 2026 per KROS's latest filing, from $17.9 million in the prior quarter.
  • Across five years, Research & Development topped out at $49.2 million in Q3 2024 and bottomed at $17.9 million in Q4 2025.
  • Historically, Research & Development has averaged $32.2 million across 5 years, with a median of $32.5 million in 2023.
  • The sharpest annual moves came in 2022 and 2025: Research & Development soared 133.21% in 2022, then plunged 60.75% in 2025.
  • Over 5 years, Research & Development stood at $24.9 million in 2022, then soared by 50.77% to $37.5 million in 2023, then rose by 21.71% to $45.6 million in 2024, then slumped by 60.75% to $17.9 million in 2025, then increased by 24.67% to $22.3 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $22.3 million, $17.9 million, and $19.5 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Amgen 206.38 Bn 192.39 Bn 7.24 Bn 1.87 Bn
2 Gilead Sciences 180.22 Bn 177.04 Bn 6.22 Bn 1.76 Bn
3 Vertex Pharmaceuticals 131.28 Bn 123.42 Bn 2.84 Bn 993.80 Mn
4 Regeneron Pharmaceuticals 81.96 Bn 73.97 Bn 3.93 Bn 1.63 Bn
5 Argenx Se 60.49 Bn 55.30 Bn 1.37 Bn -486.00 Mn
6 Moderna 53.90 Bn 48.76 Bn 52.00 Mn 651.00 Mn
7 Alnylam Pharmaceuticals 33.41 Bn 30.11 Bn 992.69 Mn 413.13 Mn
8 Biogen 31.84 Bn 30.56 Bn 1.96 Bn 529.60 Mn
9 Roivant Sciences 29.08 Bn 29.08 Bn 1.16 Mn 202.02 Mn
10 Keros Therapeutics 219.78 Mn -37.82 Mn - 22.33 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 22.33 Mn
Dec 31, 2025 17.91 Mn
Sep 30, 2025 19.52 Mn
Jun 30, 2025 43.50 Mn
Mar 31, 2025 48.71 Mn
Dec 31, 2024 45.63 Mn
Sep 30, 2024 49.23 Mn
Jun 30, 2024 40.52 Mn
Mar 31, 2024 38.26 Mn
Dec 31, 2023 37.49 Mn
Sep 30, 2023 34.14 Mn
Jun 30, 2023 32.53 Mn
Mar 31, 2023 31.09 Mn
Dec 31, 2022 24.87 Mn
Sep 30, 2022 21.04 Mn
Jun 30, 2022 23.28 Mn
Mar 31, 2022 18.08 Mn
Dec 31, 2021 18.83 Mn
Sep 30, 2021 14.83 Mn
Jun 30, 2021 9.98 Mn