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
DateValue
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