BeOne Medicines (ONC) Research & Development (2015 - 2026)
BeOne Medicines' (ONC) quarterly Research & Development came in at $612.3 million in Q2 2026, up 16.65% year-over-year from $524.9 million in Q2 2025, and up 13.13% quarter-over-quarter from $541.2 million in Q1 2026.
BeOne Medicines (ONC) Research & Development (2015 - 2026) Analysis & Trends
BeOne Medicines (ONC) has reported Research & Development for 12 consecutive years, with $612.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 16.65% year-over-year to $612.3 million in Q2 2026; TTM through Jun 2026 was $2.3 billion, a 12.11% increase from a year earlier, with the FY2025 full-year figure at $2.1 billion, up 9.86% from the prior year.
- Research & Development was $612.3 million for Q2 2026 at BeOne Medicines, up from $541.2 million in the prior quarter.
- Over five years, Research & Development peaked at $615.4 million in Q4 2025 and troughed at $378.2 million in Q2 2022.
- A 5-year average of $481.8 million and a median of $471.3 million in 2024 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 21.57% in 2022, down 3.61% in 2022.
- Over 5 years, Research & Development stood at $446.0 million in 2022, then rose by 10.75% to $494.0 million in 2023, then climbed by 9.72% to $542.0 million in 2024, then advanced by 13.54% to $615.4 million in 2025, then fell by 0.51% to $612.3 million in 2026.
- The last three Research & Development figures came in at $612.3 million (Q2 2026), $541.2 million (Q1 2026), and $615.4 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 649.01 Bn | 628.25 Bn | 17.26 Bn | 3.65 Bn |
| 2 | AbbVie | 468.55 Bn | 462.03 Bn | 12.70 Bn | 2.34 Bn |
| 3 | Merck | 365.49 Bn | 358.40 Bn | 12.21 Bn | 9.74 Bn |
| 4 | Novartis Ag | 272.39 Bn | 265.10 Bn | 11.24 Bn | -2.85 Bn |
| 5 | Astrazeneca | 253.18 Bn | 247.96 Bn | 12.86 Bn | -4.05 Bn |
| 6 | Amgen | 219.53 Bn | 205.54 Bn | 7.24 Bn | 1.87 Bn |
| 7 | Gilead Sciences | 187.85 Bn | 184.59 Bn | 6.22 Bn | 1.76 Bn |
| 8 | Pfizer | 160.56 Bn | 149.16 Bn | 10.94 Bn | 2.81 Bn |
| 9 | Vertex Pharmaceuticals | 130.81 Bn | 122.96 Bn | 2.84 Bn | 993.80 Mn |
| 10 | BeOne Medicines | 41.25 Bn | 36.15 Bn | 1.53 Bn | 612.28 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 612.28 Mn |
| 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 | 430.49 Mn |
| Sep 30, 2021 | 351.94 Mn |
BeOne Medicines Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=ONC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ONC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=ONC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();