Zymeworks (ZYME) Research & Development (2021 - 2026)

Zymeworks (ZYME) reported Research & Development of $34.5 million for Q1 2026, down 3.58% on a YoY basis from $35.7 million in Q1 2025, and up 10.32% sequentially from $31.2 million in Q4 2025.

Zymeworks (ZYME) Research & Development (2021 - 2026) Analysis & Trends

Zymeworks (ZYME) has 6 years of Research & Development data on file, last reported at $34.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development fell 3.58% year-over-year to $34.5 million; the trailing twelve-month figure through Mar 2026 stood at $135.7 million (down 1.88% YoY), and the FY2025 full-year result was $137.0 million, up 1.77% from the prior year.
  • Research & Development advanced to $34.5 million in Q1 2026, from $31.2 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $62.5 million in Q1 2022 to a low of $25.5 million in Q4 2023.
  • A 5-year average of $38.7 million and a median of $35.7 million in 2025 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development slumped 51.81% in 2023 and jumped 45.21% in 2024, its largest moves.
  • Tracing ZYME's Research & Development over 5 years: stood at $53.0 million in 2022, then tumbled by 51.81% to $25.5 million in 2023, then jumped by 45.21% to $37.1 million in 2024, then retreated by 15.72% to $31.2 million in 2025, then increased by 10.32% to $34.5 million in 2026.
  • Business Quant data shows ZYME's Research & Development at $34.5 million in Q1 2026, $31.2 million in Q4 2025, and $35.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -17.94 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 1.46 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 541.22 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 15.66 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -443.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 343.97 Mn
10 Zymeworks 1.70 Bn 1.34 Bn - 34.46 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 34.46 Mn
Dec 31, 2025 31.24 Mn
Sep 30, 2025 35.58 Mn
Jun 30, 2025 34.45 Mn
Mar 31, 2025 35.74 Mn
Dec 31, 2024 37.06 Mn
Sep 30, 2024 36.35 Mn
Jun 30, 2024 29.16 Mn
Mar 31, 2024 32.04 Mn
Dec 31, 2023 25.52 Mn
Sep 30, 2023 32.78 Mn
Jun 30, 2023 39.41 Mn
Mar 31, 2023 45.91 Mn
Dec 31, 2022 52.97 Mn
Sep 30, 2022 37.10 Mn
Jun 30, 2022 56.02 Mn
Mar 31, 2022 62.51 Mn
Dec 31, 2021 54.87 Mn
Sep 30, 2021 49.89 Mn