Protagonist Therapeutics (PTGX) Research & Development (2015 - 2026)
Protagonist Therapeutics (PTGX) reported Research & Development of $46.7 million for Q1 2026, up 30.22% on a YoY basis from $35.9 million in Q1 2025, and up 0.82% sequentially from $46.4 million in Q4 2025.
Protagonist Therapeutics (PTGX) Research & Development (2015 - 2026) Analysis & Trends
Protagonist Therapeutics (PTGX) has 12 years of Research & Development data on file, last reported at $46.7 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 30.22% year-over-year to $46.7 million; the trailing twelve-month figure through Mar 2026 stood at $170.1 million (up 21.28% YoY), and the FY2025 full-year result was $159.3 million, up 15.32% from the prior year.
- Research & Development climbed to $46.7 million in Q1 2026, from $46.4 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $46.7 million in Q1 2026 to a low of $25.4 million in Q3 2022.
- A 5-year average of $34.7 million and a median of $34.6 million in 2022 frame the typical range for Research & Development.
- Peak annual rise in Research & Development reached 49.8% in 2022, while the deepest fall reached 31.26% in 2022.
- Tracing PTGX's Research & Development over 5 years: stood at $29.9 million in 2022, then slipped by 3.3% to $28.9 million in 2023, then increased by 20.78% to $34.9 million in 2024, then soared by 32.82% to $46.4 million in 2025, then gained by 0.82% to $46.7 million in 2026.
- Business Quant data shows PTGX's Research & Development at $46.7 million in Q1 2026, $46.4 million in Q4 2025, and $40.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -17.94 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 1.46 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 541.22 Mn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 961.60 Mn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 1.54 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 15.66 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -443.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 343.97 Mn |
| 10 | Protagonist Therapeutics | 8.88 Bn | 8.88 Bn | - | 46.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.74 Mn |
| Dec 31, 2025 | 46.36 Mn |
| Sep 30, 2025 | 40.00 Mn |
| Jun 30, 2025 | 37.04 Mn |
| Mar 31, 2025 | 35.89 Mn |
| Dec 31, 2024 | 34.90 Mn |
| Sep 30, 2024 | 35.97 Mn |
| Jun 30, 2024 | 33.52 Mn |
| Mar 31, 2024 | 33.73 Mn |
| Dec 31, 2023 | 28.90 Mn |
| Sep 30, 2023 | 30.66 Mn |
| Jun 30, 2023 | 33.18 Mn |
| Mar 31, 2023 | 27.42 Mn |
| Dec 31, 2022 | 29.88 Mn |
| Sep 30, 2022 | 25.40 Mn |
| Jun 30, 2022 | 34.61 Mn |
| Mar 31, 2022 | 36.32 Mn |
| Dec 31, 2021 | 38.37 Mn |
| Sep 30, 2021 | 36.96 Mn |
| Jun 30, 2021 | 26.43 Mn |