Purple Biotech (PPBT) Research & Development (2014 - 2026)

Purple Biotech (PPBT) reported Research & Development of $1.2 million for Q1 2026, up 61.84% year-over-year from $760000.0 in Q1 2025, and down 32.75% quarter-over-quarter from $1.8 million in Q4 2025.

Purple Biotech (PPBT) Research & Development (2014 - 2026) Analysis & Trends

Purple Biotech (PPBT) has 12 years of Research & Development data on file, last reported at $1.2 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $1.2 million, up 61.84% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.2 million (down 15.29% YoY), and the FY2025 annual result was $3.7 million, down 51.04% from the prior year.
  • Research & Development slipped to $1.2 million in Q1 2026 per PPBT's latest filing, from $1.8 million in the prior quarter.
  • Over five years, Research & Development peaked at $6.0 million in Q1 2022 and troughed at $458000.0 in Q4 2024.
  • A 5-year average of $2.7 million and a median of $2.4 million in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2024 and 2025: Research & Development sank 91.26% in 2024, then jumped 299.34% in 2025.
  • A 5-year view of Research & Development shows it stood at $4.8 million in 2022, then climbed by 8.76% to $5.2 million in 2023, then slumped by 91.26% to $458000.0 in 2024, then jumped by 299.34% to $1.8 million in 2025, then slumped by 32.75% to $1.2 million in 2026.
  • Business Quant data shows PPBT's Research & Development at $1.2 million in Q1 2026, $1.8 million in Q4 2025, and $587000.0 in Q3 2025.

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 Purple Biotech 261.30 Mn 254.88 Mn - 1.23 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.23 Mn
Dec 31, 2025 1.83 Mn
Sep 30, 2025 587,000.00
Jun 30, 2025 553,000.00
Mar 31, 2025 760,000.00
Dec 31, 2024 458,000.00
Sep 30, 2024 1.35 Mn
Jun 30, 2024 2.39 Mn
Mar 31, 2024 3.42 Mn
Dec 31, 2023 5.24 Mn
Sep 30, 2023 4.59 Mn
Jun 30, 2023 3.71 Mn
Mar 31, 2023 3.50 Mn
Dec 31, 2022 4.82 Mn
Sep 30, 2022 3.47 Mn
Jun 30, 2022 2.08 Mn
Mar 31, 2022 5.95 Mn
Dec 31, 2021 3.25 Mn
Sep 30, 2021 1.62 Mn
Jun 30, 2021 2.09 Mn