Transcode Therapeutics (RNAZ) Research & Development (2020 - 2026)
Transcode Therapeutics' Research & Development came in at $3.69 million for Q2 2026, up 44.0% from $2.57 million a year earlier but down 27.7% from the prior quarter.
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Analysis
Transcode Therapeutics (RNAZ) Research & Development (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Transcode Therapeutics reported Research & Development of $17.44 million, up 80.7% year-over-year; for FY2025, it came in at $13.42 million, up 38.3% from FY2024.
- Research & Development carries a five-year compound annual growth rate of 116.2% (FY2020 to FY2025).
- Going back by year, Research & Development was $9.71 million in FY2024 (-20.9%), $12.26 million in FY2023 (+19.9%), $10.23 million in FY2022 (+271.6%) and $2.75 million in FY2021 (+868.1%).
- The five-year range for quarterly Research & Development is $992,946 (Q3 2021) to $5.48 million (Q4 2025).
- Year-over-year, Research & Development has increased for four consecutive quarters, with growth averaging 42.1% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q4 2021 (growth of 746.7%), and the weakest in Q3 2024 (a decline of 63.3%).
- Business Quant data shows RNAZ's Research & Development at $5.11 million (Q1 2026), $5.48 million (Q4 2025) and $3.16 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 3.65 Bn |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 2.34 Bn |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | 9.74 Bn |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | -2.85 Bn |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | -4.05 Bn |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 1.87 Bn |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | 1.76 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 2.81 Bn |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | 993.80 Mn |
| 10 | Transcode Therapeutics | 1.65 Mn | 1.65 Mn | - | 3.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Transcode Therapeutics Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=RNAZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "RNAZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=RNAZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();