Sana Biotechnology (SANA) Research & Development (2020 - 2026)
Sana Biotechnology (SANA) posted Research & Development of $28.7 million for Q1 2026, down 17.77% sequentially from $34.9 million in Q4 2025, and down 22.78% YoY from $37.2 million in Q1 2025.
Sana Biotechnology (SANA) Research & Development (2020 - 2026) Analysis & Trends
Sana Biotechnology has reported Research & Development for 7 years, with the latest figure at $28.7 million in Q1 2026.
- Quarterly Research & Development fell 22.78% year-over-year to $28.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $123.5 million (down 19.36% YoY) and the FY2025 annual result came in at $132.0 million, down 38.81% from the prior year.
- Research & Development declined to $28.7 million in Q1 2026 per SANA's latest filing, from $34.9 million in the prior quarter.
- Over five years, Research & Development peaked at $76.7 million in Q3 2022 and troughed at $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.
- The sharpest annual moves came in 2023 and 2025: Research & Development sank 89.05% in 2023, then jumped 1738.11% in 2025.
- Over 5 years, Research & Development stood at $63.9 million in 2022, then tumbled by 89.05% to $7.0 million in 2023, then plunged by 72.86% to $1.9 million in 2024, then surged by 1738.11% to $34.9 million in 2025, then decreased by 17.77% to $28.7 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $28.7 million, $34.9 million, and $30.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | 993.80 Mn |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 1.63 Bn |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | 1.37 Bn |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | 394.92 Mn |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 612.28 Mn |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | 1,146.05 |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | 97.90 Mn |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | 413.13 Mn |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | 210.03 Mn |
| 10 | Sana Biotechnology | 1.06 Bn | 1.06 Bn | - | 30.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.73 Mn |
| 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 |