Mereo BioPharma MREO
NASDAQ MREO
$0.24 +0.00 (+0.87%)
At close: Sep 10, 2026 · 4:00 PM EDT

Mereo BioPharma (MREO) Research & Development (2023 - 2026)

Mereo BioPharma's (MREO) quarterly Research & Development came in at $1.8 million in Q2 2026, down 66.35% year-over-year from $5.4 million in Q2 2025, and down 61.91% quarter-over-quarter from $4.7 million in Q1 2026.

Analysis

Mereo BioPharma (MREO) Research & Development (2023 - 2026) Analysis & Trends

Mereo BioPharma (MREO) has reported Research & Development for 4 consecutive years, with $1.8 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development fell 66.35% year-over-year to $1.8 million in Q2 2026; TTM through Jun 2026 was $15.0 million, a 29.47% decrease from a year earlier, with the FY2025 full-year figure at $17.8 million, down 15.12% from the prior year.
  • Research & Development was $1.8 million for Q2 2026 at Mereo BioPharma, down from $4.7 million in the prior quarter.
  • Over five years, Research & Development peaked at $8.8 million in Q4 2024 and troughed at $1.8 million in Q2 2026.
  • A 4-year average of $4.5 million and a median of $4.2 million in 2025 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development surged 83.62% in 2024 and tumbled 66.35% in 2026, its largest moves.
  • Over 4 years, Research & Development stood at $4.8 million in 2023, then surged by 83.62% to $8.8 million in 2024, then sank by 52.47% to $4.2 million in 2025, then slumped by 56.88% to $1.8 million in 2026.
  • The last three Research & Development figures came in at $1.8 million (Q2 2026), $4.7 million (Q1 2026), and $4.2 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Amgen 206.44 Bn 192.45 Bn 7.24 Bn 1.87 Bn
2 Gilead Sciences 179.97 Bn 176.79 Bn 6.22 Bn 1.76 Bn
3 Vertex Pharmaceuticals 130.57 Bn 122.72 Bn 2.84 Bn 993.80 Mn
4 Regeneron Pharmaceuticals 81.63 Bn 73.63 Bn 3.93 Bn 1.63 Bn
5 Argenx Se 60.34 Bn 55.16 Bn 1.37 Bn -486.00 Mn
6 Moderna 54.37 Bn 49.23 Bn 52.00 Mn 651.00 Mn
7 Alnylam Pharmaceuticals 33.07 Bn 29.76 Bn 992.69 Mn 413.13 Mn
8 Biogen 31.84 Bn 30.55 Bn 1.96 Bn 529.60 Mn
9 Roivant Sciences 29.49 Bn 29.49 Bn 1.16 Mn 202.02 Mn
10 Mereo BioPharma 38.92 Mn 38.92 Mn - 1.81 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.81 Mn
Mar 31, 2026 4.75 Mn
Dec 31, 2025 4.19 Mn
Sep 30, 2025 4.27 Mn
Jun 30, 2025 5.37 Mn
Mar 31, 2025 3.93 Mn
Dec 31, 2024 8.82 Mn
Sep 30, 2024 3.17 Mn
Jun 30, 2024 4.95 Mn
Mar 31, 2024 3.99 Mn
Dec 31, 2023 4.80 Mn
Sep 30, 2023 3.59 Mn
Jun 30, 2023 3.71 Mn
Mar 31, 2023 5.31 Mn