Tectonic Therapeutic (TECX) Research & Development (2017 - 2026)
Tectonic Therapeutic's Research & Development came in at $18.05 million for Q2 2026, up 5.0% from $17.19 million a year earlier but down 13.5% from the prior quarter.
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Analysis
Tectonic Therapeutic (TECX) Research & Development (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Tectonic Therapeutic reported Research & Development of $72.19 million, up 34.4% year-over-year; for FY2025, it came in at $63.49 million, up 53.5% from FY2024.
- Research & Development carries a five-year compound annual growth rate of -6.2% (FY2020 to FY2025).
- Going back by year, Research & Development was $41.36 million in FY2024 (+11.9%), $36.97 million in FY2023 (-48.8%), $72.19 million in FY2022 (-13.1%) and $83.11 million in FY2021 (-4.7%).
- The five-year range for quarterly Research & Development is $7.07 million (Q2 2024) to $23.04 million (Q3 2021).
- Year-over-year, Research & Development has increased for eight consecutive quarters, with growth averaging 53.6% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q2 2025 (growth of 142.9%), and the weakest in Q4 2023 (a decline of 60.3%).
- Business Quant data shows TECX's Research & Development at $20.87 million (Q1 2026), $16.34 million (Q4 2025) and $16.93 million (Q3 2025) in the three quarters before Q2 2026.
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 | Tectonic Therapeutic | 452.22 Mn | 452.22 Mn | - | 18.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.05 Mn |
| 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 |
API Access
Tectonic Therapeutic 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=TECX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TECX", "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=TECX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();