Traws Pharma (TRAW) Research & Development (2012 - 2026)
Traws Pharma's Research & Development came in at $1.1 million for Q2 2026, down 51.9% from $2.29 million a year earlier and down 77.6% from the prior quarter.
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Analysis
Traws Pharma (TRAW) Research & Development (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Traws Pharma reported Research & Development of $13.36 million, up 13.5% year-over-year; for FY2025, it came in at $12.14 million, down 5.5% from FY2024.
- Research & Development carries a five-year compound annual growth rate of -6.4% (FY2020 to FY2025).
- Going back by year, Research & Development was $12.85 million in FY2024 (+12.4%), $11.43 million in FY2023 (+0.2%), $11.41 million in FY2022 (+56.3%) and $7.3 million in FY2021 (-56.8%).
- The Q2 2026 figure represents the lowest quarterly Research & Development in data going back to Q1 2012.
- Year-over-year, Research & Development increased in four of the last eight quarters, with growth averaging 29.2%.
- The fastest year-over-year change in Research & Development over five years came in Q4 2025 (growth of 171.0%), and the weakest in Q4 2021 (a decline of 61.5%).
- Business Quant data shows TRAW's Research & Development at $4.91 million (Q1 2026), $5.04 million (Q4 2025) and $2.31 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,130.22 Bn | 1,098.81 Bn | 19.71 Bn | 3.82 Bn |
| 2 | Johnson & Johnson | 613.62 Bn | 532.15 Bn | 17.26 Bn | 3.65 Bn |
| 3 | AbbVie | 501.46 Bn | 474.57 Bn | 12.70 Bn | 2.34 Bn |
| 4 | Merck | 366.84 Bn | 321.22 Bn | 12.21 Bn | 9.74 Bn |
| 5 | Novartis Ag | 297.85 Bn | 261.84 Bn | 11.24 Bn | 2.85 Bn |
| 6 | Astrazeneca | 261.66 Bn | 235.34 Bn | 12.86 Bn | 4.05 Bn |
| 7 | Amgen | 235.39 Bn | 190.79 Bn | 7.24 Bn | 1.87 Bn |
| 8 | Gilead Sciences | 190.66 Bn | 164.86 Bn | 6.22 Bn | 1.76 Bn |
| 9 | Pfizer | 169.57 Bn | 116.22 Bn | 10.94 Bn | 2.81 Bn |
| 10 | Traws Pharma | 6.01 Mn | -12.38 Mn | - | 1.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.10 Mn |
| Mar 31, 2026 | 4.91 Mn |
| Dec 31, 2025 | 5.04 Mn |
| Sep 30, 2025 | 2.31 Mn |
| Jun 30, 2025 | 2.29 Mn |
| Mar 31, 2025 | 2.51 Mn |
| Dec 31, 2024 | 1.86 Mn |
| Sep 30, 2024 | 5.11 Mn |
| Jun 30, 2024 | 3.96 Mn |
| Mar 31, 2024 | 1.91 Mn |
| Dec 31, 2023 | 2.43 Mn |
| Sep 30, 2023 | 2.46 Mn |
| Jun 30, 2023 | 2.46 Mn |
| Mar 31, 2023 | 4.08 Mn |
| Dec 31, 2022 | 3.77 Mn |
| Sep 30, 2022 | 3.59 Mn |
| Jun 30, 2022 | 2.04 Mn |
| Mar 31, 2022 | 2.00 Mn |
| Dec 31, 2021 | 1.75 Mn |
| Sep 30, 2021 | 1.76 Mn |
API Access
Traws Pharma 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=TRAW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TRAW", "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=TRAW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();