Transcode Therapeutics RNAZ
NASDAQ RNAZ
$1.76 -0.01 (-0.84%)
As of: Sep 10, 2026 · 10:13 AM EDT

Transcode Therapeutics (RNAZ) Research & Development (2020 - 2026)

Transcode Therapeutics' (RNAZ) quarterly Research & Development came in at $3.7 million in Q2 2026, up 43.96% on a YoY basis from $2.6 million in Q2 2025, and down 27.67% quarter-over-quarter from $5.1 million in Q1 2026.

Analysis

Transcode Therapeutics (RNAZ) Research & Development (2020 - 2026) Analysis & Trends

Transcode Therapeutics (RNAZ) has reported Research & Development for 7 consecutive years, with $3.7 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development rose 43.96% year-over-year to $3.7 million; the trailing twelve-month figure through Jun 2026 stood at $17.4 million (up 80.67% YoY), and the FY2025 full-year result was $13.4 million, up 38.28% from the prior year.
  • Research & Development declined to $3.7 million in Q2 2026 per RNAZ's latest filing, from $5.1 million in the prior quarter.
  • Across five years, Research & Development topped out at $5.5 million in Q4 2025 and bottomed at $1.2 million in Q3 2024.
  • Historically, Research & Development has averaged $3.0 million across 5 years, with a median of $3.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2024: Research & Development soared 1137.31% in 2022, then sank 63.28% in 2024.
  • Over 5 years, Research & Development stood at $2.7 million in 2022, then increased by 25.19% to $3.4 million in 2023, then climbed by 8.17% to $3.6 million in 2024, then surged by 50.49% to $5.5 million in 2025, then slumped by 32.54% to $3.7 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $3.7 million, $5.1 million, and $5.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Amgen 207.59 Bn 193.60 Bn 7.24 Bn 1.87 Bn
2 Gilead Sciences 178.73 Bn 175.55 Bn 6.22 Bn 1.76 Bn
3 Vertex Pharmaceuticals 131.17 Bn 123.32 Bn 2.84 Bn 993.80 Mn
4 Regeneron Pharmaceuticals 81.73 Bn 73.73 Bn 3.93 Bn 1.63 Bn
5 Argenx Se 61.01 Bn 55.82 Bn 1.37 Bn -486.00 Mn
6 Moderna 53.40 Bn 48.27 Bn 52.00 Mn 651.00 Mn
7 Alnylam Pharmaceuticals 33.49 Bn 30.18 Bn 992.69 Mn 413.13 Mn
8 Biogen 31.64 Bn 30.35 Bn 1.96 Bn 529.60 Mn
9 Roivant Sciences 29.66 Bn 29.66 Bn 1.16 Mn 202.02 Mn
10 Transcode Therapeutics 1.69 Mn 1.69 Mn - 3.69 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.69 Mn
Mar 31, 2026 5.11 Mn
Dec 31, 2025 5.48 Mn
Sep 30, 2025 3.16 Mn
Jun 30, 2025 2.57 Mn
Mar 31, 2025 2.22 Mn
Dec 31, 2024 3.64 Mn
Sep 30, 2024 1.23 Mn
Jun 30, 2024 3.08 Mn
Mar 31, 2024 1.76 Mn
Dec 31, 2023 3.36 Mn
Sep 30, 2023 3.34 Mn
Jun 30, 2023 2.97 Mn
Mar 31, 2023 2.59 Mn
Dec 31, 2022 2.69 Mn
Sep 30, 2022 3.04 Mn
Jun 30, 2022 2.62 Mn
Mar 31, 2022 1.88 Mn
Dec 31, 2021 1.29 Mn
Sep 30, 2021 992,946.00