UroGen Pharma (URGN) Research & Development (2017 - 2026)

UroGen Pharma (URGN) posted quarterly Research & Development of $15.6 million for Q1 2026, down 21.51% year-on-year from $19.9 million in Q1 2025, and up 8.96% on a QoQ basis from $14.3 million in Q4 2025.

UroGen Pharma (URGN) Research & Development (2017 - 2026) Analysis & Trends

UroGen Pharma (URGN) has reported Research & Development for 10 consecutive years, with $15.6 million the latest figure, recorded in Q1 2026.

  • Quarterly Research & Development fell 21.51% year-over-year to $15.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $62.8 million (up 2.13% YoY) and the FY2025 annual result came in at $67.1 million, up 17.43% from the prior year.
  • Research & Development improved to $15.6 million in Q1 2026 per URGN's latest filing, from $14.3 million in the prior quarter.
  • Over the last five years, Research & Development for URGN reached as high as $19.9 million in Q1 2025 and fell as low as $10.2 million in Q3 2023.
  • A 5-year average of $14.0 million and a median of $14.0 million in 2025 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2023 — Research & Development dropped 21.93% — and 2024, when it soared 32.96%.
  • Year by year, Research & Development stood at $14.5 million in 2022, then slipped by 21.93% to $11.3 million in 2023, then jumped by 31.78% to $14.9 million in 2024, then declined by 3.89% to $14.3 million in 2025, then increased by 8.96% to $15.6 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $15.6 million, $14.3 million, and $14.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -17.94 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 541.22 Mn
4 NuCana 279.75 Bn 279.75 Bn - -2.31 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 15.66 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 1.37 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 343.97 Mn
10 UroGen Pharma 2.13 Bn 1.99 Bn 46.82 Mn 15.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 15.60 Mn
Dec 31, 2025 14.31 Mn
Sep 30, 2025 14.01 Mn
Jun 30, 2025 18.91 Mn
Mar 31, 2025 19.87 Mn
Dec 31, 2024 14.89 Mn
Sep 30, 2024 11.36 Mn
Jun 30, 2024 15.40 Mn
Mar 31, 2024 15.49 Mn
Dec 31, 2023 11.30 Mn
Sep 30, 2023 10.23 Mn
Jun 30, 2023 11.58 Mn
Mar 31, 2023 12.50 Mn
Dec 31, 2022 14.48 Mn
Sep 30, 2022 13.09 Mn
Jun 30, 2022 12.64 Mn
Mar 31, 2022 12.70 Mn
Dec 31, 2021 13.08 Mn
Sep 30, 2021 11.92 Mn
Jun 30, 2021 12.12 Mn