Instil Bio (TIL) Research & Development (2020 - 2026)
Instil Bio (TIL) posted Research & Development of $270,000 for Q2 2026, down 96.0% from $6.74 million a year earlier and down 59.6% from the prior quarter.
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Analysis
Instil Bio (TIL) Research & Development (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Instil Bio was $13.56 million, down 1.5% year-over-year; for FY2025, it was $24.74 million, up 109.0% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of 5.0% (FY2020 to FY2025).
- In prior years, Instil Bio's Research & Development was $11.84 million in FY2024 (-70.1%), $39.6 million in FY2023 (-71.9%), $141.06 million in FY2022 (+31.5%) and $107.25 million in FY2021 (+452.9%).
- The Q2 2026 figure stands as the lowest quarterly Research & Development in data going back to Q1 2020.
- On a year-over-year basis, Research & Development increased in two of the last seven quarters, with growth averaging 0.2%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q3 2021, with growth of 492.2%; the weakest was Q2 2026, with a decline of 96.0%.
- According to Business Quant data, Research & Development for the three prior quarters was $669,000 (Q1 2026), $3.5 million (Q4 2025) and $9.13 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 3.65 Bn |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 2.34 Bn |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | 9.74 Bn |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | -2.85 Bn |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | -4.05 Bn |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 1.87 Bn |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | 1.76 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 2.81 Bn |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | 993.80 Mn |
| 10 | Instil Bio | 48.42 Mn | 48.42 Mn | - | 270,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 270,000.00 |
| Mar 31, 2026 | 669,000.00 |
| Dec 31, 2025 | 3.50 Mn |
| Sep 30, 2025 | 9.13 Mn |
| Jun 30, 2025 | 6.74 Mn |
| Mar 31, 2025 | 5.37 Mn |
| Dec 31, 2024 | 1.10 Mn |
| Sep 30, 2024 | 562,000.00 |
| Jun 30, 2024 | 2.92 Mn |
| Mar 31, 2024 | 7.26 Mn |
| Dec 31, 2023 | 1.98 Mn |
| Sep 30, 2023 | 8.49 Mn |
| Jun 30, 2023 | 8.46 Mn |
| Mar 31, 2023 | 20.67 Mn |
| Dec 31, 2022 | 20.72 Mn |
| Sep 30, 2022 | 39.66 Mn |
| Jun 30, 2022 | 41.50 Mn |
| Mar 31, 2022 | 39.17 Mn |
| Dec 31, 2021 | 42.58 Mn |
| Sep 30, 2021 | 29.06 Mn |
API Access
Instil Bio 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=TIL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TIL", "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=TIL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();