Intellia Therapeutics (NTLA) Research & Development (2015 - 2026)
Intellia Therapeutics (NTLA) posted quarterly Research & Development of $80.7 million for Q1 2026, down 25.54% year-over-year from $108.4 million in Q1 2025, and down 8.93% quarter-over-quarter from $88.7 million in Q4 2025.
Analysis
Intellia Therapeutics (NTLA) Research & Development (2015 - 2026) Analysis & Trends
Intellia Therapeutics (NTLA) has reported Research & Development for 12 consecutive years, with $80.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 25.54% year-over-year to $80.7 million; the TTM figure through Mar 2026 stood at $361.2 million (down 21.97% YoY), while the FY2025 annual figure was $388.9 million, down 16.61% from the prior year.
- Research & Development eased to $80.7 million in Q1 2026 per NTLA's latest filing, from $88.7 million in the prior quarter.
- Across five years, Research & Development topped out at $133.1 million in Q1 2022 and bottomed at $80.7 million in Q1 2026.
- Historically, Research & Development has averaged $105.4 million across 5 years, with a median of $108.4 million in 2025.
- Annual changes were most pronounced in 2022 — Research & Development jumped 238.87% — and 2023, when it fell 27.03%.
- Intellia Therapeutics' Research & Development stood at $100.0 million in 2022, then advanced by 8.94% to $109.0 million in 2023, then gained by 7.25% to $116.9 million in 2024, then fell by 24.15% to $88.7 million in 2025, then decreased by 8.93% to $80.7 million in 2026.
- Business Quant data shows NTLA's Research & Development at $80.7 million in Q1 2026, $88.7 million in Q4 2025, and $94.7 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 993.80 Mn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 1.63 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -486.00 Mn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 651.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 394.92 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 612.28 Mn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 97.90 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 210.03 Mn |
| 10 | Intellia Therapeutics | 1.70 Bn | 1.70 Bn | - | 82.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82.60 Mn |
| Mar 31, 2026 | 80.74 Mn |
| Dec 31, 2025 | 88.65 Mn |
| Sep 30, 2025 | 94.75 Mn |
| Jun 30, 2025 | 97.04 Mn |
| Mar 31, 2025 | 108.43 Mn |
| Dec 31, 2024 | 116.88 Mn |
| Sep 30, 2024 | 123.38 Mn |
| Jun 30, 2024 | 114.21 Mn |
| Mar 31, 2024 | 111.85 Mn |
| Dec 31, 2023 | 108.98 Mn |
| Sep 30, 2023 | 113.70 Mn |
| Jun 30, 2023 | 115.28 Mn |
| Mar 31, 2023 | 97.12 Mn |
| Dec 31, 2022 | 100.03 Mn |
| Sep 30, 2022 | 96.65 Mn |
| Jun 30, 2022 | 90.20 Mn |
| Mar 31, 2022 | 133.10 Mn |
| Dec 31, 2021 | 71.16 Mn |
| Sep 30, 2021 | 60.49 Mn |