Quoin Pharmaceuticals (QNRX) Research & Development (2021 - 2026)
Quoin Pharmaceuticals' (QNRX) quarterly Research & Development came in at $3.6 million in Q2 2026, up 76.88% year-over-year from $2.1 million in Q2 2025, and up 5.63% quarter-over-quarter from $3.4 million in Q1 2026.
Analysis
Quoin Pharmaceuticals (QNRX) Research & Development (2021 - 2026) Analysis & Trends
Quoin Pharmaceuticals has disclosed Research & Development across 6 years of filings, most recently posting $3.6 million for Q2 2026.
- In Q2 2026, Research & Development rose 76.88% year-over-year to $3.6 million; the TTM figure through Jun 2026 stood at $12.4 million (up 89.78% YoY), while the FY2025 annual figure was $9.8 million, up 172.1% from the prior year.
- Research & Development came in at $3.6 million for Q2 2026 at Quoin Pharmaceuticals, up from $3.4 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $3.6 million in Q2 2026 to a low of $587503.0 in Q2 2024.
- Average Research & Development over 5 years is $1.5 million, with a median of $967754.5 recorded in 2024.
- Year-over-year, Research & Development dropped 18.91% in 2024 and surged 249.03% in 2025.
- Over 5 years, Research & Development stood at $830000.0 in 2022, then climbed by 0.29% to $832391.0 in 2023, then climbed by 26.17% to $1.1 million in 2024, then surged by 194.88% to $3.1 million in 2025, then increased by 17.12% to $3.6 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $3.6 million in Q2 2026, $3.4 million in Q1 2026, and $3.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 42.84 Bn | 39.19 Bn | 2.15 Bn | 970.00 Mn |
| 2 | Viatris | 19.13 Bn | 18.24 Bn | 1.46 Bn | 248.30 Mn |
| 3 | Dr Reddys Laboratories | 9.91 Bn | 9.74 Bn | 396.53 Mn | 60.90 Mn |
| 4 | Amneal Pharmaceuticals | 5.51 Bn | 5.38 Bn | 334.51 Mn | 39.02 Mn |
| 5 | Bausch Health Companies | 2.30 Bn | 464.50 Mn | 2.10 Bn | 173.00 Mn |
| 6 | Alvotech | 1.50 Bn | 1.36 Bn | 2.56 Mn | -21.86 Mn |
| 7 | Ani Pharmaceuticals | 1.49 Bn | 1.13 Bn | 165.89 Mn | 14.75 Mn |
| 8 | Amphastar Pharmaceuticals | 1.00 Bn | 714.13 Mn | 93.47 Mn | 22.16 Mn |
| 9 | Fennec Pharmaceuticals | 402.10 Mn | 360.85 Mn | 17.15 Mn | 10.66 Mn |
| 10 | Quoin Pharmaceuticals | 660,541.34 | 660,541.34 | - | 3.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.63 Mn |
| Mar 31, 2026 | 3.43 Mn |
| Dec 31, 2025 | 3.10 Mn |
| Sep 30, 2025 | 2.28 Mn |
| Jun 30, 2025 | 2.05 Mn |
| Mar 31, 2025 | 2.37 Mn |
| Dec 31, 2024 | 1.05 Mn |
| Sep 30, 2024 | 1.08 Mn |
| Jun 30, 2024 | 587,503.00 |
| Mar 31, 2024 | 885,298.00 |
| Dec 31, 2023 | 832,391.00 |
| Sep 30, 2023 | 758,759.00 |
| Jun 30, 2023 | 625,104.00 |
| Mar 31, 2023 | 1.09 Mn |
| Dec 31, 2022 | 830,000.00 |
| Sep 30, 2022 | 745,506.00 |
| Jun 30, 2022 | 726,694.00 |
| Mar 31, 2022 | 587,569.00 |
| Dec 31, 2021 | 1.01 Mn |
| Sep 30, 2021 | 259,996.00 |