Q32 Bio (QTTB) Research & Development (2017 - 2026)

Q32 Bio (QTTB) recorded quarterly Research & Development of $3.2 million in Q1 2026, down 2.93% quarter-over-quarter from $3.3 million in Q4 2025, and down 54.83% on a YoY basis from $7.1 million in Q1 2025.

Q32 Bio (QTTB) Research & Development (2017 - 2026) Analysis & Trends

Q32 Bio's Research & Development history runs 10 years deep, the most recent figure standing at $3.2 million for Q1 2026.

  • In Q1 2026, Research & Development fell 54.83% year-over-year to $3.2 million; the TTM figure through Mar 2026 stood at $15.2 million (down 66.43% YoY), while the FY2025 annual figure was $19.2 million, down 60.21% from the prior year.
  • Research & Development was $3.2 million for Q1 2026 at Q32 Bio, down from $3.3 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $27.1 million in Q4 2022 to a low of $3.2 million in Q1 2026.
  • Historically, Research & Development has averaged $11.8 million across 5 years, with a median of $8.3 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Research & Development jumped 92.23% in 2024, then slumped 75.22% in 2025.
  • A 5-year view of Research & Development shows it stood at $27.1 million in 2022, then sank by 69.28% to $8.3 million in 2023, then climbed by 26.45% to $10.5 million in 2024, then tumbled by 68.56% to $3.3 million in 2025, then slipped by 2.93% to $3.2 million in 2026.
  • The last three Research & Development figures came in at $3.2 million (Q1 2026), $3.3 million (Q4 2025), and $3.6 million (Q3 2025), per Business Quant data.

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 Q32 Bio 167.59 Mn 116.84 Mn - 3.22 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.22 Mn
Dec 31, 2025 3.32 Mn
Sep 30, 2025 3.56 Mn
Jun 30, 2025 5.16 Mn
Mar 31, 2025 7.12 Mn
Dec 31, 2024 10.55 Mn
Sep 30, 2024 14.35 Mn
Jun 30, 2024 13.41 Mn
Mar 31, 2024 9.84 Mn
Dec 31, 2023 8.34 Mn
Sep 30, 2023 7.46 Mn
Jun 30, 2023 8.02 Mn
Mar 31, 2023 7.91 Mn
Dec 31, 2022 27.15 Mn
Sep 30, 2022 25.85 Mn
Jun 30, 2022 21.08 Mn
Mar 31, 2022 24.27 Mn
Dec 31, 2021 23.65 Mn
Sep 30, 2021 23.99 Mn
Jun 30, 2021 23.70 Mn