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| 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 |