Tonix Pharmaceuticals Holding (TNXP) Research & Development (2011 - 2026)
Tonix Pharmaceuticals Holding (TNXP) posted Research & Development of $19.4 million for Q2 2026, up 6.61% on a QoQ basis from $18.2 million in Q1 2026, and up 79.45% year-over-year from $10.8 million in Q2 2025.
Analysis
Tonix Pharmaceuticals Holding (TNXP) Research & Development (2011 - 2026) Analysis & Trends
Tonix Pharmaceuticals Holding has reported Research & Development for 16 years, with the latest figure at $19.4 million in Q2 2026.
- On a quarterly basis, Research & Development rose 79.45% year-over-year to $19.4 million in Q2 2026; TTM through Jun 2026 was $63.9 million, a 79.05% increase from a year earlier, with the FY2025 full-year figure at $44.5 million, up 11.29% from the prior year.
- Research & Development was $19.4 million for Q2 2026 at Tonix Pharmaceuticals Holding, up from $18.2 million in the prior quarter.
- The five-year high for Research & Development was $26.5 million in Q1 2023, with the low at $7.4 million in Q1 2025.
- Average Research & Development over 5 years is $16.1 million, with a median of $17.0 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2026: Research & Development slumped 56.7% in 2024, then soared 144.93% in 2026.
- Over 5 years, Research & Development stood at $24.7 million in 2022, then slumped by 30.62% to $17.1 million in 2023, then sank by 51.54% to $8.3 million in 2024, then soared by 104.18% to $16.9 million in 2025, then gained by 14.62% to $19.4 million in 2026.
- The last three Research & Development figures came in at $19.4 million (Q2 2026), $18.2 million (Q1 2026), and $16.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 663.08 Bn | 642.33 Bn | 17.26 Bn | 3.65 Bn |
| 2 | AbbVie | 453.04 Bn | 446.51 Bn | 12.70 Bn | 2.34 Bn |
| 3 | Merck | 370.87 Bn | 363.78 Bn | 12.21 Bn | 9.74 Bn |
| 4 | Novartis Ag | 305.29 Bn | 298.00 Bn | 11.24 Bn | -2.85 Bn |
| 5 | Pfizer | 162.10 Bn | 150.70 Bn | 10.94 Bn | 2.81 Bn |
| 6 | Sanofi | 53.95 Bn | 46.98 Bn | 10.79 Bn | -2.60 Bn |
| 7 | Revolution Medicines | 45.00 Bn | 45.00 Bn | - | 394.92 Mn |
| 8 | BeOne Medicines | 40.49 Bn | 35.39 Bn | 1.53 Bn | 612.28 Mn |
| 9 | Incyte | 25.47 Bn | 20.94 Bn | 1.57 Bn | 516.95 Mn |
| 10 | Tonix Pharmaceuticals Holding | 220.65 Mn | 220.65 Mn | 12.84 Mn | 19.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.42 Mn |
| 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 |