Krystal Biotech (KRYS) Research & Development (2016 - 2026)

Krystal Biotech's (KRYS) quarterly Research & Development came in at $15.3 million in Q1 2026, up 7.54% year-on-year from $14.3 million in Q1 2025, and up 3.63% quarter-over-quarter from $14.8 million in Q4 2025.

Krystal Biotech (KRYS) Research & Development (2016 - 2026) Analysis & Trends

Krystal Biotech has disclosed Research & Development across 11 years of filings, most recently posting $15.3 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $15.3 million, up 7.54% year-over-year; the trailing twelve-month figure through Mar 2026 was $59.1 million (up 3.94% YoY), and the FY2025 annual result was $58.0 million, up 8.33% from the prior year.
  • Research & Development came in at $15.3 million for Q1 2026 at Krystal Biotech, up from $14.8 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $15.6 million in Q2 2024 to a low of $9.3 million in Q1 2022.
  • The 5-year median for Research & Development is $12.3 million (2023), against an average of $12.7 million.
  • Across the five-year window, Research & Development jumped 89.41% in 2022 and slipped 10.83% in 2024, its largest moves.
  • Krystal Biotech's Research & Development stood at $10.7 million in 2022, then climbed by 5.87% to $11.4 million in 2023, then advanced by 18.96% to $13.5 million in 2024, then advanced by 9.36% to $14.8 million in 2025, then grew by 3.63% to $15.3 million in 2026.
  • The last three Research & Development figures came in at $15.3 million (Q1 2026), $14.8 million (Q4 2025), and $14.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.32 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 15.66 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 626,092.00
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -101.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -2.30 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 1.46 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 357,444.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 961.60 Mn
9 Abivax 91.96 Bn 91.96 Bn - -58.00 Mn
10 Krystal Biotech 10.23 Bn 9.41 Bn 110.03 Mn 15.33 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 15.33 Mn
Dec 31, 2025 14.79 Mn
Sep 30, 2025 14.59 Mn
Jun 30, 2025 14.41 Mn
Mar 31, 2025 14.26 Mn
Dec 31, 2024 13.53 Mn
Sep 30, 2024 13.51 Mn
Jun 30, 2024 15.58 Mn
Mar 31, 2024 10.96 Mn
Dec 31, 2023 11.37 Mn
Sep 30, 2023 10.63 Mn
Jun 30, 2023 12.14 Mn
Mar 31, 2023 12.29 Mn
Dec 31, 2022 10.74 Mn
Sep 30, 2022 11.52 Mn
Jun 30, 2022 10.89 Mn
Mar 31, 2022 9.31 Mn
Dec 31, 2021 9.01 Mn
Sep 30, 2021 6.08 Mn
Jun 30, 2021 6.59 Mn