Olema Pharmaceuticals (OLMA) Research & Development (2020 - 2026)

Olema Pharmaceuticals (OLMA) reported Research & Development of $49.2 million for Q1 2026, up 60.76% year-over-year from $30.6 million in Q1 2025, and up 13.91% quarter-over-quarter from $43.2 million in Q4 2025.

Olema Pharmaceuticals (OLMA) Research & Development (2020 - 2026) Analysis & Trends

Olema Pharmaceuticals (OLMA) has 7 years of Research & Development data on file, last reported at $49.2 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $49.2 million, up 60.76% year-over-year; the trailing twelve-month figure through Mar 2026 was $176.3 million (up 40.75% YoY), and the FY2025 annual result was $157.7 million, up 26.65% from the prior year.
  • Research & Development rose to $49.2 million in Q1 2026 per OLMA's latest filing, from $43.2 million in the prior quarter.
  • Over five years, Research & Development peaked at $49.2 million in Q1 2026 and troughed at $16.0 million in Q1 2022.
  • A 5-year average of $29.4 million and a median of $29.1 million in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2023: Research & Development soared 127.15% in 2022, then plunged 33.51% in 2023.
  • A 5-year view of Research & Development shows it stood at $21.6 million in 2022, then advanced by 19.87% to $25.9 million in 2023, then rose by 24.84% to $32.3 million in 2024, then jumped by 33.81% to $43.2 million in 2025, then grew by 13.91% to $49.2 million in 2026.
  • Business Quant data shows OLMA's Research & Development at $49.2 million in Q1 2026, $43.2 million in Q4 2025, and $40.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alterity Therapeutics 762,369.55 Bn 762,369.51 Bn - 4.32 Mn
2 Belite Bio 55,096.00 Bn 55,096.00 Bn - 15.66 Mn
3 Quantum Biopharma 17,755.80 Bn 17,755.79 Bn - 626,092.00
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn -101.30 Mn
5 Akari Therapeutics 1,737.42 Bn 1,737.41 Bn - 1.46 Mn
6 Evaxion A 1,551.28 Bn 1,551.26 Bn - -2.30 Mn
7 Psyence Biomedical 227.32 Bn 227.31 Bn - 357,444.00
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn 961.60 Mn
9 Abivax 91.71 Bn 91.71 Bn - -58.00 Mn
10 Olema Pharmaceuticals 1.01 Bn 1.01 Bn - 49.23 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 49.23 Mn
Dec 31, 2025 43.22 Mn
Sep 30, 2025 39.95 Mn
Jun 30, 2025 43.90 Mn
Mar 31, 2025 30.62 Mn
Dec 31, 2024 32.30 Mn
Sep 30, 2024 33.23 Mn
Jun 30, 2024 29.11 Mn
Mar 31, 2024 29.88 Mn
Dec 31, 2023 25.87 Mn
Sep 30, 2023 19.45 Mn
Jun 30, 2023 17.99 Mn
Mar 31, 2023 22.83 Mn
Dec 31, 2022 21.58 Mn
Sep 30, 2022 17.63 Mn
Jun 30, 2022 27.05 Mn
Mar 31, 2022 16.01 Mn
Dec 31, 2021 15.98 Mn
Sep 30, 2021 12.52 Mn
Jun 30, 2021 11.91 Mn