Tectonic Therapeutic (TECX) Research & Development (2017 - 2026)
Tectonic Therapeutic's (TECX) quarterly Research & Development came in at $20.9 million in Q1 2026, up 60.1% year-on-year from $13.0 million in Q1 2025, and up 27.72% on a QoQ basis from $16.3 million in Q4 2025.
Tectonic Therapeutic (TECX) Research & Development (2017 - 2026) Analysis & Trends
Tectonic Therapeutic (TECX) has 10 years of Research & Development data on file, last reported at $20.9 million in Q1 2026.
- On a quarterly basis, Research & Development rose 60.1% year-over-year to $20.9 million in Q1 2026; TTM through Mar 2026 was $71.3 million, a 63.65% increase from a year earlier, with the FY2025 full-year figure at $63.5 million, up 53.49% from the prior year.
- Research & Development for Q1 2026 stood at $20.9 million, up from $16.3 million in the prior quarter.
- Over the last five years, Research & Development for TECX reached as high as $20.9 million in Q1 2026 and fell as low as $7.1 million in Q2 2024.
- Historically, Research & Development has averaged $14.1 million across 5 years, with a median of $15.9 million in 2022.
- Across the five-year window, Research & Development sank 60.35% in 2023 and surged 142.93% in 2025, its largest moves.
- Year by year, Research & Development stood at $18.1 million in 2022, then sank by 60.35% to $7.2 million in 2023, then climbed by 27.31% to $9.2 million in 2024, then jumped by 78.47% to $16.3 million in 2025, then grew by 27.72% to $20.9 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $20.9 million in Q1 2026, $16.3 million in Q4 2025, and $16.9 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 | Tectonic Therapeutic | 571.52 Mn | 571.52 Mn | - | 20.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.87 Mn |
| Dec 31, 2025 | 16.34 Mn |
| Sep 30, 2025 | 16.93 Mn |
| Jun 30, 2025 | 17.19 Mn |
| Mar 31, 2025 | 13.04 Mn |
| Dec 31, 2024 | 9.16 Mn |
| Sep 30, 2024 | 14.32 Mn |
| Jun 30, 2024 | 7.07 Mn |
| Mar 31, 2024 | 10.82 Mn |
| Dec 31, 2023 | 7.19 Mn |
| Sep 30, 2023 | 8.13 Mn |
| Jun 30, 2023 | 8.77 Mn |
| Mar 31, 2023 | 17.33 Mn |
| Dec 31, 2022 | 18.14 Mn |
| Sep 30, 2022 | 15.92 Mn |
| Jun 30, 2022 | 18.88 Mn |
| Mar 31, 2022 | 19.25 Mn |
| Dec 31, 2021 | 19.00 Mn |
| Sep 30, 2021 | 23.04 Mn |
| Jun 30, 2021 | 22.54 Mn |