Protalix BioTherapeutics (PLX) Research & Development (2010 - 2026)
Protalix BioTherapeutics (PLX) recorded quarterly Research & Development of $5.4 million in Q1 2026, down 3.71% quarter-over-quarter from $5.6 million in Q4 2025, and up 56.14% on a YoY basis from $3.5 million in Q1 2025.
Protalix BioTherapeutics (PLX) Research & Development (2010 - 2026) Analysis & Trends
Protalix BioTherapeutics' Research & Development history runs 17 years deep, the most recent figure standing at $5.4 million for Q1 2026.
- In Q1 2026, Research & Development rose 56.14% year-over-year to $5.4 million; the TTM figure through Mar 2026 stood at $21.5 million (up 58.73% YoY), while the FY2025 annual figure was $19.6 million, up 50.88% from the prior year.
- Research & Development was $5.4 million for Q1 2026 at Protalix BioTherapeutics, down from $5.6 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $8.8 million in Q1 2022 to a low of $2.9 million in Q1 2024.
- Historically, Research & Development has averaged $5.0 million across 5 years, with a median of $4.5 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Research & Development plunged 50.62% in 2024, then surged 102.36% in 2025.
- A 5-year view of Research & Development shows it stood at $5.6 million in 2022, then tumbled by 44.77% to $3.1 million in 2023, then surged by 32.95% to $4.1 million in 2024, then jumped by 36.64% to $5.6 million in 2025, then dropped by 3.71% to $5.4 million in 2026.
- The last three Research & Development figures came in at $5.4 million (Q1 2026), $5.6 million (Q4 2025), and $4.5 million (Q3 2025), 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 | Protalix BioTherapeutics | 176.47 Mn | 165.67 Mn | 29.62 Mn | 5.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.43 Mn |
| Dec 31, 2025 | 5.64 Mn |
| Sep 30, 2025 | 4.47 Mn |
| Jun 30, 2025 | 5.99 Mn |
| Mar 31, 2025 | 3.48 Mn |
| Dec 31, 2024 | 4.12 Mn |
| Sep 30, 2024 | 3.00 Mn |
| Jun 30, 2024 | 2.96 Mn |
| Mar 31, 2024 | 2.89 Mn |
| Dec 31, 2023 | 3.10 Mn |
| Sep 30, 2023 | 3.67 Mn |
| Jun 30, 2023 | 4.48 Mn |
| Mar 31, 2023 | 5.85 Mn |
| Dec 31, 2022 | 5.62 Mn |
| Sep 30, 2022 | 7.39 Mn |
| Jun 30, 2022 | 7.58 Mn |
| Mar 31, 2022 | 8.77 Mn |
| Dec 31, 2021 | 7.64 Mn |
| Sep 30, 2021 | 7.28 Mn |
| Jun 30, 2021 | 7.69 Mn |