NRX Pharmaceuticals (NRXP) Research & Development (2020 - 2026)
NRX Pharmaceuticals' (NRXP) quarterly Research & Development came in at $2.1 million in Q2 2026, up 114.39% year-over-year from $987000.0 in Q2 2025, and up 61.65% quarter-over-quarter from $1.3 million in Q1 2026.
Analysis
NRX Pharmaceuticals (NRXP) Research & Development (2020 - 2026) Analysis & Trends
NRX Pharmaceuticals (NRXP) has reported Research & Development for 7 consecutive years, with $2.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 114.39% year-over-year to $2.1 million in Q2 2026; TTM through Jun 2026 was $5.4 million, a 57.42% increase from a year earlier, with the FY2025 full-year figure at $3.8 million, down 39.07% from the prior year.
- Research & Development was $2.1 million for Q2 2026 at NRX Pharmaceuticals, up from $1.3 million in the prior quarter.
- Over five years, Research & Development peaked at $5.5 million in Q1 2022 and troughed at $558000.0 in Q4 2025.
- A 5-year average of $2.3 million and a median of $1.9 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development plunged 85.34% in 2023 and jumped 133.88% in 2025, its largest moves.
- Over 5 years, Research & Development stood at $4.5 million in 2022, then sank by 43.13% to $2.5 million in 2023, then sank by 59.12% to $1.0 million in 2024, then slumped by 46.14% to $558000.0 in 2025, then soared by 279.21% to $2.1 million in 2026.
- The last three Research & Development figures came in at $2.1 million (Q2 2026), $1.3 million (Q1 2026), and $558000.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.69 Bn | 192.70 Bn | 7.24 Bn | 1.87 Bn |
| 2 | Gilead Sciences | 179.87 Bn | 176.70 Bn | 6.22 Bn | 1.76 Bn |
| 3 | Vertex Pharmaceuticals | 130.73 Bn | 122.88 Bn | 2.84 Bn | 993.80 Mn |
| 4 | Regeneron Pharmaceuticals | 81.70 Bn | 73.71 Bn | 3.93 Bn | 1.63 Bn |
| 5 | Argenx Se | 60.40 Bn | 55.21 Bn | 1.37 Bn | -486.00 Mn |
| 6 | Moderna | 54.28 Bn | 49.14 Bn | 52.00 Mn | 651.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.02 Bn | 29.71 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Biogen | 31.93 Bn | 30.64 Bn | 1.96 Bn | 529.60 Mn |
| 9 | Roivant Sciences | 29.27 Bn | 29.27 Bn | 1.16 Mn | 202.02 Mn |
| 10 | NRX Pharmaceuticals | 128.38 Mn | 101.68 Mn | 426,000.00 | 2.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.12 Mn |
| Mar 31, 2026 | 1.31 Mn |
| Dec 31, 2025 | 558,000.00 |
| Sep 30, 2025 | 1.43 Mn |
| Jun 30, 2025 | 987,000.00 |
| Mar 31, 2025 | 804,000.00 |
| Dec 31, 2024 | 1.04 Mn |
| Sep 30, 2024 | 611,000.00 |
| Jun 30, 2024 | 2.80 Mn |
| Mar 31, 2024 | 1.75 Mn |
| Dec 31, 2023 | 2.53 Mn |
| Sep 30, 2023 | 3.31 Mn |
| Jun 30, 2023 | 3.87 Mn |
| Mar 31, 2023 | 804,000.00 |
| Dec 31, 2022 | 4.46 Mn |
| Sep 30, 2022 | 4.13 Mn |
| Jun 30, 2022 | 2.96 Mn |
| Mar 31, 2022 | 5.48 Mn |
| Dec 31, 2021 | 6.41 Mn |
| Sep 30, 2021 | 6.28 Mn |