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
DateValue
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