UroGen Pharma (URGN) Research & Development (2017 - 2026)
UroGen Pharma's (URGN) quarterly Research & Development came in at $15.6 million in Q1 2026, down 21.51% YoY from $19.9 million in Q1 2025, and up 8.96% on a QoQ basis from $14.3 million in Q4 2025.
Analysis
UroGen Pharma (URGN) Research & Development (2017 - 2026) Analysis & Trends
UroGen Pharma (URGN) has 10 years of Research & Development data on file, last reported at $15.6 million 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 grew to $15.6 million in Q1 2026, from $14.3 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $19.9 million in Q1 2025 to a low of $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 slipped 21.93% — and 2024, when it surged 32.96%.
- Tracing URGN's Research & Development over 5 years: stood at $14.5 million in 2022, then fell by 21.93% to $11.3 million in 2023, then jumped by 31.78% to $14.9 million in 2024, then decreased by 3.89% to $14.3 million in 2025, then advanced by 8.96% to $15.6 million in 2026.
- The last three Research & Development figures came in at $15.6 million (Q1 2026), $14.3 million (Q4 2025), and $14.0 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 993.80 Mn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 1.63 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -486.00 Mn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 651.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 394.92 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 612.28 Mn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 97.90 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 210.03 Mn |
| 10 | UroGen Pharma | 2.23 Bn | 2.12 Bn | 65.88 Mn | 17.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.34 Mn |
| 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 |