Skye Bioscience (SKYE) Research & Development (2014 - 2026)
Skye Bioscience (SKYE) reported Research & Development of $3.94 million for Q2 2026, down 72.5% from $14.34 million a year earlier and down 50.3% from the prior quarter.
Powered by 
Analysis
Skye Bioscience (SKYE) Research & Development (2014 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Skye Bioscience's Research & Development came in at $32.7 million, down 4.4% year-over-year; for FY2025, it came in at $42.36 million, up 126.5% from FY2024.
- Research & Development has a five-year compound annual growth rate of 85.2% (FY2020 to FY2025).
- By year, Research & Development came in at $18.7 million in FY2024 (+221.4%), $5.82 million in FY2023 (-3.2%), $6.01 million in FY2022 (+105.1%) and $2.93 million in FY2021 (+50.8%).
- The Q2 2026 figure ranks as the lowest quarterly Research & Development since Q1 2024.
- Year over year, Research & Development gained in seven of the last eight quarters, with growth averaging 159.6%.
- The high point for year-over-year Research & Development in five years was Q3 2022 (growth of 443.7%); the low point was Q2 2026 (a decline of 72.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $7.94 million (Q1 2026), $11.47 million (Q4 2025) and $9.36 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 3.65 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 2.34 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 9.74 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -2.85 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -4.05 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 1.87 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 1.76 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 2.81 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 993.80 Mn |
| 10 | Skye Bioscience | 7.07 Mn | 7.07 Mn | - | 3.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.94 Mn |
| Mar 31, 2026 | 7.94 Mn |
| Dec 31, 2025 | 11.47 Mn |
| Sep 30, 2025 | 9.36 Mn |
| Jun 30, 2025 | 14.34 Mn |
| Mar 31, 2025 | 7.20 Mn |
| Dec 31, 2024 | 7.79 Mn |
| Sep 30, 2024 | 4.88 Mn |
| Jun 30, 2024 | 4.08 Mn |
| Mar 31, 2024 | 1.95 Mn |
| Dec 31, 2023 | 1.59 Mn |
| Sep 30, 2023 | 1.25 Mn |
| Jun 30, 2023 | 1.79 Mn |
| Mar 31, 2023 | 1.18 Mn |
| Dec 31, 2022 | 1.54 Mn |
| Sep 30, 2022 | 1.78 Mn |
| Jun 30, 2022 | 1.43 Mn |
| Mar 31, 2022 | 1.27 Mn |
| Dec 31, 2021 | 1.11 Mn |
| Sep 30, 2021 | 327,731.00 |
API Access
Skye Bioscience 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=SKYE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SKYE", "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=SKYE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();