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| Date | Value |
|---|---|
| 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 |