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
DateValue
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