Seres Therapeutics (MCRB) Research & Development (2014 - 2026)
Seres Therapeutics (MCRB) posted Research & Development of $13.2 million for Q1 2026, up 12.93% sequentially from $11.7 million in Q4 2025, and up 11.62% YoY from $11.8 million in Q1 2025.
Seres Therapeutics (MCRB) Research & Development (2014 - 2026) Analysis & Trends
Seres Therapeutics has reported Research & Development for 13 years, with the latest figure at $13.2 million in Q1 2026.
- Quarterly Research & Development rose 11.62% year-over-year to $13.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $50.4 million (down 11.41% YoY) and the FY2025 annual result came in at $49.1 million, down 24.06% from the prior year.
- Research & Development advanced to $13.2 million in Q1 2026 per MCRB's latest filing, from $11.7 million in the prior quarter.
- Over five years, Research & Development peaked at $46.8 million in Q2 2023 and troughed at -$17.0 million in Q4 2022.
- A 5-year average of $20.4 million and a median of $15.8 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2023: Research & Development tumbled 146.39% in 2022, then jumped 235.16% in 2023.
- Over 5 years, Research & Development stood at -$17.0 million in 2022, then surged by 235.16% to $23.0 million in 2023, then tumbled by 44.27% to $12.8 million in 2024, then dropped by 9.01% to $11.7 million in 2025, then rose by 12.93% to $13.2 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $13.2 million, $11.7 million, and $12.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.13 Bn | 131.28 Bn | 2.84 Bn | 993.80 Mn |
| 2 | Regeneron Pharmaceuticals | 85.77 Bn | 77.77 Bn | 3.93 Bn | 1.63 Bn |
| 3 | Argenx Se | 64.64 Bn | 59.46 Bn | 1.37 Bn | 1.37 Bn |
| 4 | Moderna | 58.29 Bn | 53.16 Bn | 52.00 Mn | 651.00 Mn |
| 5 | BeOne Medicines | 41.92 Bn | 36.82 Bn | 1.53 Bn | 612.28 Mn |
| 6 | Alnylam Pharmaceuticals | 31.58 Bn | 28.28 Bn | 992.69 Mn | 413.13 Mn |
| 7 | BioNTech SE | 28.12 Bn | 9.73 Bn | 668.28 Mn | -588.31 Mn |
| 8 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | 210.03 Mn |
| 9 | Royalty Pharma | 27.27 Bn | 26.43 Bn | - | 97.90 Mn |
| 10 | Seres Therapeutics | 43.87 Mn | 43.87 Mn | - | 9.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.14 Mn |
| Mar 31, 2026 | 13.20 Mn |
| Dec 31, 2025 | 11.68 Mn |
| Sep 30, 2025 | 12.62 Mn |
| Jun 30, 2025 | 12.94 Mn |
| Mar 31, 2025 | 11.82 Mn |
| Dec 31, 2024 | 12.84 Mn |
| Sep 30, 2024 | 16.46 Mn |
| Jun 30, 2024 | 15.81 Mn |
| Mar 31, 2024 | 19.49 Mn |
| Dec 31, 2023 | 23.04 Mn |
| Sep 30, 2023 | 25.15 Mn |
| Jun 30, 2023 | 46.79 Mn |
| Mar 31, 2023 | 15.61 Mn |
| Dec 31, 2022 | -17.05 Mn |
| Sep 30, 2022 | 43.12 Mn |
| Jun 30, 2022 | 43.94 Mn |
| Mar 31, 2022 | 39.65 Mn |
| Dec 31, 2021 | 36.75 Mn |
| Sep 30, 2021 | 39.88 Mn |