BeOne Medicines (ONC) Research & Development (2015 - 2026)
BeOne Medicines (ONC) reported Research & Development of $541.2 million for Q1 2026, up 12.31% year-over-year from $481.9 million in Q1 2025, and down 12.06% on a QoQ basis from $615.4 million in Q4 2025.
BeOne Medicines (ONC) has 12 years of Research & Development data on file, last reported at $541.2 million in Q1 2026.
- Quarterly Research & Development rose 12.31% year-over-year to $541.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.2 billion (up 11.68% YoY) and the FY2025 annual result came in at $2.1 billion, up 9.86% from the prior year.
- Research & Development eased to $541.2 million in Q1 2026 per ONC's latest filing, from $615.4 million in the prior quarter.
- Across five years, Research & Development topped out at $615.4 million in Q4 2025 and bottomed at $378.2 million in Q2 2022.
- The 5-year median for Research & Development is $460.6 million (2024), against an average of $474.1 million.
- The widest annual swing landed in 2022, when Research & Development surged 180.18%; it then grew 4.61% in 2025.
- Tracing ONC's Research & Development over 5 years: stood at $446.0 million in 2022, then increased by 10.75% to $494.0 million in 2023, then advanced by 9.72% to $542.0 million in 2024, then gained by 13.54% to $615.4 million in 2025, then decreased by 12.06% to $541.2 million in 2026.
- Per Business Quant, the three latest ONC Research & Development figures stand at $541.2 million (Q1 2026), $615.4 million (Q4 2025), and $523.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Quantum Biopharma | 1,384,976.65 Bn | 1,384,976.64 Bn | - | 626,092.00 |
| 2 | Alterity Therapeutics | 777,208.84 Bn | 777,208.81 Bn | - | 4.32 Mn |
| 3 | Legend Biotech | 2,801.00 Bn | 2,800.10 Bn | 242.10 Mn | -101.30 Mn |
| 4 | Nanobiotix | 2,226.01 Bn | 2,225.95 Bn | - | - |
| 5 | Akari Therapeutics | 605.66 Bn | 605.66 Bn | - | 1.46 Mn |
| 6 | Vertex Pharmaceuticals | 110.17 Bn | 102.92 Bn | 2.59 Bn | 961.60 Mn |
| 7 | Regeneron Pharmaceuticals | 66.86 Bn | 58.11 Bn | 3.31 Bn | 1.54 Bn |
| 8 | Evaxion A | 65.12 Bn | 65.10 Bn | - | -2.30 Mn |
| 9 | Alnylam Pharmaceuticals | 39.94 Bn | 36.94 Bn | 959.66 Mn | 364.87 Mn |
| 10 | BeOne Medicines | - | - | 1.35 Bn | 541.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 541.22 Mn |
| Dec 31, 2025 | 615.42 Mn |
| Sep 30, 2025 | 523.66 Mn |
| Jun 30, 2025 | 524.90 Mn |
| Mar 31, 2025 | 481.89 Mn |
| Dec 31, 2024 | 542.01 Mn |
| Sep 30, 2024 | 496.18 Mn |
| Jun 30, 2024 | 454.47 Mn |
| Mar 31, 2024 | 460.64 Mn |
| Dec 31, 2023 | 493.99 Mn |
| Sep 30, 2023 | 453.26 Mn |
| Jun 30, 2023 | 422.76 Mn |
| Mar 31, 2023 | 408.58 Mn |
| Dec 31, 2022 | 446.02 Mn |
| Sep 30, 2022 | 426.36 Mn |
| Jun 30, 2022 | 378.21 Mn |
| Mar 31, 2022 | 389.92 Mn |
| Dec 31, 2021 | -556.29 Mn |
| Sep 30, 2021 | 351.94 Mn |
| Jun 30, 2021 | 356.09 Mn |
| Mar 31, 2021 | 320.73 Mn |
| Dec 31, 2020 | 355.54 Mn |
| Sep 30, 2020 | 349.07 Mn |
| Jun 30, 2020 | 285.97 Mn |
| Mar 31, 2020 | 304.30 Mn |
| Dec 31, 2019 | 283.26 Mn |
| Sep 30, 2019 | 236.97 Mn |
| Jun 30, 2019 | 228.76 Mn |
| Mar 31, 2019 | 178.35 Mn |
| Dec 31, 2018 | 257.46 Mn |
| Sep 30, 2018 | 147.59 Mn |
| Jun 30, 2018 | 164.25 Mn |
| Mar 31, 2018 | 109.70 Mn |
| Dec 31, 2017 | 91.34 Mn |
| Sep 30, 2017 | 87.66 Mn |
| Jun 30, 2017 | 47.25 Mn |
| Mar 31, 2017 | 42.77 Mn |
| Dec 31, 2016 | 28.93 Mn |
| Sep 30, 2016 | 30.11 Mn |
| Jun 30, 2016 | 21.12 Mn |
| Mar 31, 2016 | 17.88 Mn |
| Dec 31, 2015 | 28.10 Mn |
| Sep 30, 2015 | 13.35 Mn |
| Jun 30, 2015 | 6.74 Mn |
| Mar 31, 2015 | 10.06 Mn |