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| Date | Value |
|---|---|
| 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 |