Prokidney (PROK) Research & Development (2021 - 2026)

Prokidney's (PROK) quarterly Research & Development came in at $33.8 million in Q1 2026, up 24.13% year-on-year from $27.3 million in Q1 2025, and down 0.92% on a QoQ basis from $34.2 million in Q4 2025.

Prokidney (PROK) Research & Development (2021 - 2026) Analysis & Trends

Prokidney (PROK) has 6 years of Research & Development data on file, last reported at $33.8 million in Q1 2026.

  • On a quarterly basis, Research & Development rose 24.13% year-over-year to $33.8 million in Q1 2026; TTM through Mar 2026 was $120.7 million, a 5.48% decrease from a year earlier, with the FY2025 full-year figure at $114.1 million, down 10.61% from the prior year.
  • Research & Development for Q1 2026 stood at $33.8 million, down from $34.2 million in the prior quarter.
  • Over the last five years, Research & Development for PROK reached as high as $39.8 million in Q4 2024 and fell as low as $11.6 million in Q2 2022.
  • Historically, Research & Development has averaged $27.3 million across 5 years, with a median of $27.2 million in 2024.
  • Across the five-year window, Research & Development jumped 128.1% in 2023 and retreated 14.17% in 2025, its largest moves.
  • Year by year, Research & Development stood at $20.9 million in 2022, then climbed by 7.84% to $22.5 million in 2023, then surged by 76.58% to $39.8 million in 2024, then retreated by 14.14% to $34.2 million in 2025, then dropped by 0.92% to $33.8 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $33.8 million in Q1 2026, $34.2 million in Q4 2025, and $26.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 67,222.41 Bn 67,222.13 Bn - -17.94 Mn
2 Nanobiotix 1,909.44 Bn 1,909.38 Bn - -
3 Akari Therapeutics 989.71 Bn 989.71 Bn - 1.46 Mn
4 BeOne Medicines 472.06 Bn 467.27 Bn 1.35 Bn 541.22 Mn
5 Vertex Pharmaceuticals 122.10 Bn 114.85 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 70.00 Bn 61.25 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 62.68 Bn 62.68 Bn - 15.66 Mn
8 Argenx Se 55.75 Bn 50.57 Bn 1.41 Bn 1.37 Bn
9 Alnylam Pharmaceuticals 37.50 Bn 34.50 Bn 959.66 Mn 364.87 Mn
10 Prokidney 95.39 Mn 95.39 Mn - 33.84 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 33.84 Mn
Dec 31, 2025 34.16 Mn
Sep 30, 2025 26.82 Mn
Jun 30, 2025 25.88 Mn
Mar 31, 2025 27.26 Mn
Dec 31, 2024 39.78 Mn
Sep 30, 2024 31.25 Mn
Jun 30, 2024 29.40 Mn
Mar 31, 2024 27.23 Mn
Dec 31, 2023 22.53 Mn
Sep 30, 2023 32.20 Mn
Jun 30, 2023 26.36 Mn
Mar 31, 2023 25.62 Mn
Dec 31, 2022 20.89 Mn
Sep 30, 2022 21.13 Mn
Jun 30, 2022 11.56 Mn
Mar 31, 2022 28.49 Mn
Dec 31, 2021 10.69 Mn
Sep 30, 2021 14.74 Mn