Sana Biotechnology (SANA) Research & Development (2020 - 2026)
Sana Biotechnology (SANA) reported Research & Development of $28.7 million for Q1 2026, down 22.78% on a YoY basis from $37.2 million in Q1 2025, and down 17.77% sequentially from $34.9 million in Q4 2025.
Sana Biotechnology (SANA) Research & Development (2020 - 2026) Analysis & Trends
Sana Biotechnology (SANA) has 7 years of Research & Development data on file, last reported at $28.7 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 22.78% year-over-year to $28.7 million; the trailing twelve-month figure through Mar 2026 stood at $123.5 million (down 19.36% YoY), and the FY2025 full-year result was $132.0 million, down 38.81% from the prior year.
- Research & Development declined to $28.7 million in Q1 2026, from $34.9 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $76.7 million in Q3 2022 to a low of $1.9 million in Q4 2024.
- A 5-year average of $48.9 million and a median of $56.4 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development tumbled 89.05% in 2023 and surged 1738.11% in 2025, its largest moves.
- Tracing SANA's Research & Development over 5 years: stood at $63.9 million in 2022, then plunged by 89.05% to $7.0 million in 2023, then sank by 72.86% to $1.9 million in 2024, then surged by 1738.11% to $34.9 million in 2025, then declined by 17.77% to $28.7 million in 2026.
- Business Quant data shows SANA's Research & Development at $28.7 million in Q1 2026, $34.9 million in Q4 2025, and $30.1 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 | Sana Biotechnology | 881.79 Mn | 881.79 Mn | - | 28.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.72 Mn |
| Dec 31, 2025 | 34.92 Mn |
| Sep 30, 2025 | 30.11 Mn |
| Jun 30, 2025 | 29.76 Mn |
| Mar 31, 2025 | 37.19 Mn |
| Dec 31, 2024 | 1.90 Mn |
| Sep 30, 2024 | 53.21 Mn |
| Jun 30, 2024 | 60.87 Mn |
| Mar 31, 2024 | 56.45 Mn |
| Dec 31, 2023 | 7.00 Mn |
| Sep 30, 2023 | 65.61 Mn |
| Jun 30, 2023 | 73.04 Mn |
| Mar 31, 2023 | 67.17 Mn |
| Dec 31, 2022 | 63.92 Mn |
| Sep 30, 2022 | 76.74 Mn |
| Jun 30, 2022 | 72.54 Mn |
| Mar 31, 2022 | 72.69 Mn |
| Dec 31, 2021 | 108.51 Mn |
| Sep 30, 2021 | 53.25 Mn |
| Jun 30, 2021 | 45.00 Mn |