Krystal Biotech (KRYS) Research & Development (2016 - 2026)
Krystal Biotech (KRYS) posted quarterly Research & Development of $14.5 million for Q2 2026, up 0.75% year-over-year from $14.4 million in Q2 2025, and down 5.3% on a QoQ basis from $15.3 million in Q1 2026.
Analysis
Krystal Biotech (KRYS) Research & Development (2016 - 2026) Analysis & Trends
Krystal Biotech has reported Research & Development for 11 years, with the latest figure at $14.5 million in Q2 2026.
- Research & Development for Q2 2026 came in at $14.5 million, up 0.75% year-over-year; the trailing twelve-month figure through Jun 2026 was $59.2 million (up 6.32% YoY), and the FY2025 annual result was $58.0 million, up 8.33% from the prior year.
- Research & Development declined to $14.5 million in Q2 2026, from $15.3 million in the prior quarter.
- Over five years, Research & Development peaked at $15.6 million in Q2 2024 and troughed at $9.3 million in Q1 2022.
- A 5-year average of $12.8 million and a median of $12.9 million in 2023 frame the typical range for Research & Development.
- The widest annual swing landed in 2022, when Research & Development jumped 89.41%; it then slipped 10.83% in 2024.
- A 5-year view of Research & Development shows it stood at $10.7 million in 2022, then increased by 5.87% to $11.4 million in 2023, then grew by 18.96% to $13.5 million in 2024, then grew by 9.36% to $14.8 million in 2025, then dropped by 1.87% to $14.5 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $14.5 million in Q2 2026, $15.3 million in Q1 2026, and $14.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 993.80 Mn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 1.63 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -486.00 Mn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 651.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 394.92 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 612.28 Mn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 97.90 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 210.03 Mn |
| 10 | Krystal Biotech | 10.61 Bn | 9.76 Bn | 112.79 Mn | 14.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.52 Mn |
| 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 |