LeonaBio (LONA) Research & Development (2019 - 2026)
LeonaBio's (LONA) quarterly Research & Development came in at $11.3 million in Q1 2026, up 161.79% year-on-year from $4.3 million in Q1 2025, and up 67.79% on a QoQ basis from $6.7 million in Q4 2025.
LeonaBio (LONA) Research & Development (2019 - 2026) Analysis & Trends
LeonaBio (LONA) has 8 years of Research & Development data on file, last reported at $11.3 million in Q1 2026.
- On a quarterly basis, Research & Development rose 161.79% year-over-year to $11.3 million in Q1 2026; TTM through Mar 2026 was $24.5 million, a 54.49% decrease from a year earlier, with the FY2025 full-year figure at $17.5 million, down 75.24% from the prior year.
- Research & Development for Q1 2026 stood at $11.3 million, up from $6.7 million in the prior quarter.
- Over the last five years, Research & Development for LONA reached as high as $27.2 million in Q3 2023 and fell as low as $2.8 million in Q3 2025.
- Historically, Research & Development has averaged $15.0 million across 5 years, with a median of $15.2 million in 2022.
- Across the five-year window, Research & Development sank 84.24% in 2025 and soared 161.79% in 2026, its largest moves.
- Year by year, Research & Development stood at $15.2 million in 2022, then jumped by 55.42% to $23.7 million in 2023, then tumbled by 60.43% to $9.4 million in 2024, then retreated by 28.37% to $6.7 million in 2025, then jumped by 67.79% to $11.3 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $11.3 million in Q1 2026, $6.7 million in Q4 2025, and $2.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 66,621.14 Bn | 66,620.85 Bn | - | -17.94 Mn |
| 2 | Nanobiotix | 1,915.18 Bn | 1,915.11 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 1.46 Mn |
| 4 | BeOne Medicines | 471.27 Bn | 466.48 Bn | 1.35 Bn | 541.22 Mn |
| 5 | Vertex Pharmaceuticals | 121.81 Bn | 114.57 Bn | 2.59 Bn | 961.60 Mn |
| 6 | Regeneron Pharmaceuticals | 69.58 Bn | 60.82 Bn | 3.31 Bn | 1.54 Bn |
| 7 | Belite Bio | 62.72 Bn | 62.72 Bn | - | 15.66 Mn |
| 8 | Argenx Se | 55.51 Bn | 50.33 Bn | 1.41 Bn | 1.37 Bn |
| 9 | Revolution Medicines | 37.35 Bn | 37.35 Bn | - | 343.97 Mn |
| 10 | LeonaBio | 138.33 Mn | 70.65 Mn | - | 11.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.26 Mn |
| Dec 31, 2025 | 6.71 Mn |
| Sep 30, 2025 | 2.83 Mn |
| Jun 30, 2025 | 3.66 Mn |
| Mar 31, 2025 | 4.30 Mn |
| Dec 31, 2024 | 9.37 Mn |
| Sep 30, 2024 | 17.92 Mn |
| Jun 30, 2024 | 22.15 Mn |
| Mar 31, 2024 | 21.24 Mn |
| Dec 31, 2023 | 23.68 Mn |
| Sep 30, 2023 | 27.20 Mn |
| Jun 30, 2023 | 21.62 Mn |
| Mar 31, 2023 | 21.29 Mn |
| Dec 31, 2022 | 15.24 Mn |
| Sep 30, 2022 | 16.97 Mn |
| Jun 30, 2022 | 14.80 Mn |
| Mar 31, 2022 | 14.46 Mn |
| Dec 31, 2021 | 12.62 Mn |
| Sep 30, 2021 | 10.71 Mn |
| Jun 30, 2021 | 12.02 Mn |