BeOne Medicines (ONC) Research & Development (2015 - 2026)
BeOne Medicines' (ONC) quarterly Research & Development came in at $541.2 million in Q1 2026, up 12.31% year-on-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) Research & Development (2015 - 2026) Analysis & Trends
BeOne Medicines (ONC) has 12 years of Research & Development data on file, last reported at $541.2 million in Q1 2026.
- On a quarterly basis, Research & Development rose 12.31% year-over-year to $541.2 million in Q1 2026; TTM through Mar 2026 was $2.2 billion, a 11.68% increase from a year earlier, with the FY2025 full-year figure at $2.1 billion, up 9.86% from the prior year.
- Research & Development for Q1 2026 stood at $541.2 million, down from $615.4 million in the prior quarter.
- Over the last five years, Research & Development for ONC reached as high as $615.4 million in Q4 2025 and fell as low as $378.2 million in Q2 2022.
- Historically, Research & Development has averaged $474.1 million across 5 years, with a median of $460.6 million in 2024.
- Across the five-year window, Research & Development surged 180.18% in 2022 and grew 4.61% in 2025, its largest moves.
- Year by year, Research & Development stood at $446.0 million in 2022, then grew by 10.75% to $494.0 million in 2023, then gained by 9.72% to $542.0 million in 2024, then rose by 13.54% to $615.4 million in 2025, then retreated by 12.06% to $541.2 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $541.2 million in Q1 2026, $615.4 million in Q4 2025, and $523.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -17.94 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 1.46 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 541.22 Mn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 961.60 Mn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 1.54 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 15.66 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -443.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 343.97 Mn |
| 10 | Alnylam Pharmaceuticals | 36.08 Bn | 33.07 Bn | 959.66 Mn | 364.87 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 |