Prokidney (PROK) Research & Development (2021 - 2026)
Prokidney (PROK) reported Research & Development of $33.8 million for Q1 2026, up 24.13% year-over-year from $27.3 million in Q1 2025, and down 0.92% quarter-over-quarter 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.
- Research & Development for Q1 2026 came in at $33.8 million, up 24.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $120.7 million (down 5.48% YoY), and the FY2025 annual result was $114.1 million, down 10.61% from the prior year.
- Research & Development declined to $33.8 million in Q1 2026 per PROK's latest filing, from $34.2 million in the prior quarter.
- Over five years, Research & Development peaked at $39.8 million in Q4 2024 and troughed at $11.6 million in Q2 2022.
- A 5-year average of $27.3 million and a median of $27.2 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2023 and 2025: Research & Development soared 128.1% in 2023, then slipped 14.17% in 2025.
- A 5-year view of Research & Development shows it stood at $20.9 million in 2022, then rose by 7.84% to $22.5 million in 2023, then surged by 76.58% to $39.8 million in 2024, then dropped by 14.14% to $34.2 million in 2025, then retreated by 0.92% to $33.8 million in 2026.
- Business Quant data shows PROK's Research & Development at $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 | 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 | Prokidney | 259.01 Mn | 1.55 Bn | - | 33.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |