Tonix Pharmaceuticals Holding (TNXP) Research & Development (2011 - 2026)
Tonix Pharmaceuticals Holding (TNXP) posted Research & Development of $19.42 million for Q2 2026, up 79.5% from $10.82 million a year earlier and up 6.6% from the prior quarter.
Tonix Pharmaceuticals Holding (TNXP) Research & Development (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Tonix Pharmaceuticals Holding was $63.86 million, up 79.0% year-over-year; for FY2025, it was $44.49 million, up 11.3% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of 4.2% (FY2020 to FY2025).
- In prior years, Tonix Pharmaceuticals Holding's Research & Development was $39.97 million in FY2024 (-53.9%), $86.66 million in FY2023 (+5.8%), $81.88 million in FY2022 (+18.9%) and $68.84 million in FY2021 (+90.4%).
- The Q2 2026 figure stands as the highest quarterly Research & Development since Q3 2023.
- On a year-over-year basis, Research & Development has increased in each of the last five quarters, with growth averaging 24.0% over the last eight quarters.
- The strongest year-over-year quarter for Research & Development in the past five years was Q1 2026, with growth of 144.9%; the weakest was Q3 2024, with a decline of 56.7%.
- According to Business Quant data, Research & Development for the three prior quarters was $18.21 million (Q1 2026), $16.94 million (Q4 2025) and $9.29 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 3.65 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 2.34 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 9.74 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -2.85 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -4.05 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 1.87 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 1.76 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 2.81 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 993.80 Mn |
| 10 | Tonix Pharmaceuticals Holding | 166.24 Mn | 166.24 Mn | 12.84 Mn | 19.42 Mn |
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 |
Tonix Pharmaceuticals Holding 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=TNXP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TNXP", "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=TNXP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();