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| Date | Value |
|---|---|
| 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 |