Oruka Therapeutics (ORKA) Research & Development (2010 - 2024)

Oruka Therapeutics (ORKA) recorded quarterly Research & Development of $130000.0 in Q2 2024, down 21.21% quarter-over-quarter from $165000.0 in Q1 2024, and down 48.82% on a YoY basis from $254000.0 in Q3 2023.

Oruka Therapeutics (ORKA) Research & Development (2010 - 2024) Analysis & Trends

Oruka Therapeutics' Research & Development history runs 15 years deep, the most recent figure standing at $130000.0 for Q2 2024.

  • In Q2 2024, Research & Development fell 48.82% year-over-year to $130000.0; the TTM figure through Jun 2024 stood at $664000.0 (down 61.6% YoY), while the FY2023 annual figure was $1.0 million, down 78.67% from the prior year.
  • Research & Development was $130000.0 for Q2 2024 at Oruka Therapeutics, down from $165000.0 in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $3.9 million in Q4 2021 to a low of $47000.0 in Q4 2023.
  • Historically, Research & Development has averaged $1.4 million across 5 years, with a median of $707000.0 in 2022.
  • The sharpest annual moves came in 2021 and 2022: Research & Development surged 861.56% in 2021, then plunged 98.45% in 2022.
  • A 5-year view of Research & Development shows it stood at $3.2 million in 2020, then advanced by 23.0% to $3.9 million in 2021, then slumped by 98.45% to $61000.0 in 2022, then fell by 22.95% to $47000.0 in 2023, then surged by 176.6% to $130000.0 in 2024.
  • The last three Research & Development figures came in at $130000.0 (Q2 2024), $165000.0 (Q1 2024), and $47000.0 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.32 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 15.66 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 626,092.00
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -101.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -2.30 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 1.46 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 357,444.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 961.60 Mn
9 Abivax 91.96 Bn 91.96 Bn - -58.00 Mn
10 Oruka Therapeutics 4.04 Bn 3.65 Bn - -

Historic Data

Download Data
DateValue
Jun 30, 2024 130,000.00
Mar 31, 2024 165,000.00
Dec 31, 2023 47,000.00
Sep 30, 2023 322,000.00
Jun 30, 2023 254,000.00
Mar 31, 2023 390,000.00
Dec 31, 2022 61,000.00
Sep 30, 2022 1.02 Mn
Jun 30, 2022 1.49 Mn
Mar 31, 2022 2.18 Mn
Dec 31, 2021 3.94 Mn
Sep 30, 2021 3.44 Mn
Jun 30, 2021 3.58 Mn
Mar 31, 2021 2.88 Mn
Dec 31, 2020 3.20 Mn
Sep 30, 2020 1.05 Mn
Jun 30, 2020 372,000.00
Mar 31, 2020 365,000.00
Dec 31, 2019 384,000.00
Sep 30, 2019 347,000.00