Shattuck Labs (STTK) Research & Development (2019 - 2026)
Shattuck Labs (STTK) posted Research & Development of $11.7 million for Q2 2026, up 34.8% from $8.68 million a year earlier and up 6.9% from the prior quarter.
Powered by 
Analysis
Shattuck Labs (STTK) Research & Development (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Shattuck Labs was $39.32 million, down 21.8% year-over-year; for FY2025, it came in at $35.27 million, down 47.5% from FY2024.
- Annual Research & Development has declined for three consecutive years, with a five-year compound annual growth rate of -1.2% (FY2020 to FY2025).
- In prior years, Shattuck Labs' Research & Development was $67.21 million in FY2024 (-9.6%), $74.31 million in FY2023 (-10.4%), $82.9 million in FY2022 (+46.6%) and $56.56 million in FY2021 (+50.9%).
- The Q2 2026 figure stands as the highest quarterly Research & Development since Q4 2024.
- On a year-over-year basis, Research & Development increased in three of the last eight quarters, with an average decline of 21.8%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q1 2022, with growth of 85.6%; the weakest was Q2 2025, with a decline of 54.9%.
- According to Business Quant data, Research & Development for the three prior quarters was $10.95 million (Q1 2026), $9.06 million (Q4 2025) and $7.62 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 4.25 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 4.65 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 2.57 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 4.54 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 3.89 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 2.11 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 1.61 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 3.02 Bn |
| 10 | Shattuck Labs | 888.64 Mn | 315.54 Mn | - | 21.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.57 Mn |
| Jun 30, 2026 | 11.70 Mn |
| Mar 31, 2026 | 10.95 Mn |
| Dec 31, 2025 | 9.06 Mn |
| Sep 30, 2025 | 7.62 Mn |
| Jun 30, 2025 | 8.68 Mn |
| Mar 31, 2025 | 9.92 Mn |
| Dec 31, 2024 | 15.40 Mn |
| Sep 30, 2024 | 16.31 Mn |
| Jun 30, 2024 | 19.24 Mn |
| Mar 31, 2024 | 16.26 Mn |
| Dec 31, 2023 | 15.23 Mn |
| Sep 30, 2023 | 24.21 Mn |
| Jun 30, 2023 | 18.21 Mn |
| Mar 31, 2023 | 16.67 Mn |
| Dec 31, 2022 | 21.89 Mn |
| Sep 30, 2022 | 18.86 Mn |
| Jun 30, 2022 | 22.96 Mn |
| Mar 31, 2022 | 19.19 Mn |
| Dec 31, 2021 | 16.21 Mn |
API Access
Shattuck Labs 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=STTK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "STTK", "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=STTK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();