Tonix Pharmaceuticals Holding (TNXP) Research & Development (2011 - 2026)

Tonix Pharmaceuticals Holding's (TNXP) quarterly Research & Development came in at $18.2 million in Q1 2026, up 144.93% year-on-year from $7.4 million in Q1 2025, and up 7.51% quarter-over-quarter from $16.9 million in Q4 2025.

Tonix Pharmaceuticals Holding (TNXP) Research & Development (2011 - 2026) Analysis & Trends

Tonix Pharmaceuticals Holding's Research & Development history runs 16 years deep, the most recent figure standing at $18.2 million for Q1 2026.

  • On a quarterly basis, Research & Development rose 144.93% year-over-year to $18.2 million in Q1 2026; TTM through Mar 2026 was $55.3 million, a 59.97% increase from a year earlier, with the FY2025 full-year figure at $44.5 million, up 11.29% from the prior year.
  • Research & Development improved to $18.2 million in Q1 2026 per TNXP's latest filing, from $16.9 million in the prior quarter.
  • Across five years, Research & Development topped out at $26.5 million in Q1 2023 and bottomed at $7.4 million in Q1 2025.
  • The 5-year median for Research & Development is $16.9 million (2025), against an average of $16.0 million.
  • Across the five-year window, Research & Development tumbled 56.7% in 2024 and jumped 144.93% in 2026, its largest moves.
  • Year by year, Research & Development stood at $24.7 million in 2022, then sank by 30.62% to $17.1 million in 2023, then plunged by 51.54% to $8.3 million in 2024, then surged by 104.18% to $16.9 million in 2025, then grew by 7.51% to $18.2 million in 2026.
  • Per Business Quant, the three latest TNXP Research & Development figures stand at $18.2 million (Q1 2026), $16.9 million (Q4 2025), and $9.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 66,981.90 Bn 66,981.62 Bn - -17.94 Mn
2 Nanobiotix 1,913.50 Bn 1,913.44 Bn - -
3 Akari Therapeutics 959.56 Bn 959.56 Bn - 1.46 Mn
4 BeOne Medicines 472.03 Bn 467.24 Bn 1.35 Bn 541.22 Mn
5 Vertex Pharmaceuticals 122.09 Bn 114.84 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 70.01 Bn 61.26 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 62.34 Bn 62.34 Bn - 15.66 Mn
8 Argenx Se 55.99 Bn 50.80 Bn 1.41 Bn 1.37 Bn
9 Alnylam Pharmaceuticals 37.49 Bn 34.48 Bn 959.66 Mn 364.87 Mn
10 Tonix Pharmaceuticals Holding 141.73 Mn 141.73 Mn 5.30 Mn 18.21 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 18.21 Mn
Dec 31, 2025 16.94 Mn
Sep 30, 2025 9.29 Mn
Jun 30, 2025 10.82 Mn
Mar 31, 2025 7.44 Mn
Dec 31, 2024 8.30 Mn
Sep 30, 2024 9.11 Mn
Jun 30, 2024 9.70 Mn
Mar 31, 2024 12.86 Mn
Dec 31, 2023 17.12 Mn
Sep 30, 2023 21.05 Mn
Jun 30, 2023 21.98 Mn
Mar 31, 2023 26.51 Mn
Dec 31, 2022 24.67 Mn
Sep 30, 2022 22.20 Mn
Jun 30, 2022 16.58 Mn
Mar 31, 2022 18.42 Mn
Dec 31, 2021 22.30 Mn
Sep 30, 2021 13.08 Mn
Jun 30, 2021 18.13 Mn