Macrogenics (MGNX) Research & Development (2012 - 2026)

Macrogenics' (MGNX) quarterly Research & Development came in at $35.0 million in Q1 2026, down 11.9% year-on-year from $39.7 million in Q1 2025, and up 2.94% on a QoQ basis from $34.0 million in Q4 2025.

Macrogenics (MGNX) Research & Development (2012 - 2026) Analysis & Trends

Macrogenics (MGNX) has 15 years of Research & Development data on file, last reported at $35.0 million in Q1 2026.

  • On a quarterly basis, Research & Development fell 11.9% year-over-year to $35.0 million in Q1 2026; TTM through Mar 2026 was $142.4 million, a 16.63% decrease from a year earlier, with the FY2025 full-year figure at $147.2 million, down 16.94% from the prior year.
  • Research & Development for Q1 2026 stood at $35.0 million, up from $34.0 million in the prior quarter.
  • Over the last five years, Research & Development for MGNX reached as high as $61.4 million in Q1 2022 and fell as low as $30.1 million in Q3 2023.
  • Historically, Research & Development has averaged $43.1 million across 5 years, with a median of $43.2 million in 2023.
  • Across the five-year window, Research & Development sank 37.48% in 2023 and surged 34.56% in 2024, its largest moves.
  • Year by year, Research & Development stood at $45.7 million in 2022, then increased by 3.72% to $47.4 million in 2023, then fell by 17.87% to $38.9 million in 2024, then declined by 12.64% to $34.0 million in 2025, then increased by 2.94% to $35.0 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $35.0 million in Q1 2026, $34.0 million in Q4 2025, and $32.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -17.94 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 541.22 Mn
4 NuCana 279.75 Bn 279.75 Bn - -2.31 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 15.66 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 1.37 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 343.97 Mn
10 Macrogenics 254.43 Mn 187.92 Mn - 34.97 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 34.97 Mn
Dec 31, 2025 33.97 Mn
Sep 30, 2025 32.71 Mn
Jun 30, 2025 40.79 Mn
Mar 31, 2025 39.70 Mn
Dec 31, 2024 38.89 Mn
Sep 30, 2024 40.54 Mn
Jun 30, 2024 51.73 Mn
Mar 31, 2024 46.03 Mn
Dec 31, 2023 47.35 Mn
Sep 30, 2023 30.13 Mn
Jun 30, 2023 43.23 Mn
Mar 31, 2023 45.87 Mn
Dec 31, 2022 45.65 Mn
Sep 30, 2022 48.19 Mn
Jun 30, 2022 51.74 Mn
Mar 31, 2022 61.44 Mn
Dec 31, 2021 55.85 Mn
Sep 30, 2021 49.82 Mn
Jun 30, 2021 55.78 Mn