Tevogen (TVGN) Research & Development (2023 - 2026)
Tevogen's (TVGN) quarterly Research & Development came in at $3.1 million in Q1 2026, down 1.89% on a YoY basis from $3.2 million in Q1 2025, and up 48.87% quarter-over-quarter from $2.1 million in Q4 2025.
Analysis
Tevogen (TVGN) Research & Development (2023 - 2026) Analysis & Trends
Tevogen (TVGN) has reported Research & Development for 4 consecutive years, with $3.1 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 1.89% year-over-year to $3.1 million; the trailing twelve-month figure through Mar 2026 stood at $11.1 million (down 17.63% YoY), and the FY2025 full-year result was $11.1 million, down 64.19% from the prior year.
- Research & Development improved to $3.1 million in Q1 2026 per TVGN's latest filing, from $2.1 million in the prior quarter.
- Across five years, Research & Development topped out at $20.8 million in Q1 2024 and bottomed at $908049.0 in Q4 2023.
- Historically, Research & Development has averaged $3.8 million across 4 years, with a median of $2.8 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Research & Development jumped 1444.83% in 2024, then tumbled 84.65% in 2025.
- Over 4 years, Research & Development stood at $908049.0 in 2023, then jumped by 212.35% to $2.8 million in 2024, then slipped by 25.76% to $2.1 million in 2025, then soared by 48.87% to $3.1 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $3.1 million, $2.1 million, and $3.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Krystal Biotech | 10.24 Bn | 9.40 Bn | 112.79 Mn | 14.52 Mn |
| 2 | CRISPR Therapeutics AG | 5.04 Bn | 5.04 Bn | - | 67.15 Mn |
| 3 | Iovance Biotherapeutics | 3.67 Bn | 3.37 Bn | 55.72 Mn | 58.85 Mn |
| 4 | Legend Biotech | 3.55 Bn | 2.59 Bn | 251.50 Mn | -96.00 Mn |
| 5 | uniQure | 2.96 Bn | 2.96 Bn | 5.49 Mn | 33.96 Mn |
| 6 | Beam Therapeutics | 2.54 Bn | 2.54 Bn | - | 95.10 Mn |
| 7 | Precigen | 2.39 Bn | 2.39 Bn | 52.17 Mn | 7.28 Mn |
| 8 | Sarepta Therapeutics | 2.16 Bn | 1.37 Bn | 251.87 Mn | 91.26 Mn |
| 9 | Vericel | 1.93 Bn | 1.77 Bn | 56.40 Mn | 7.49 Mn |
| 10 | Tevogen | 27.76 Mn | 27.76 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 3.13 Mn |
| Dec 31, 2025 | 2.11 Mn |
| Sep 30, 2025 | 3.11 Mn |
| Jun 30, 2025 | 2.70 Mn |
| Mar 31, 2025 | 3.20 Mn |
| Dec 31, 2024 | 2.84 Mn |
| Sep 30, 2024 | 3.26 Mn |
| Jun 30, 2024 | 4.12 Mn |
| Mar 31, 2024 | 20.81 Mn |
| Dec 31, 2023 | 908,049.00 |
| Sep 30, 2023 | 1.12 Mn |
| Jun 30, 2023 | 1.03 Mn |
| Mar 31, 2023 | 1.35 Mn |