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

Zymeworks' (ZYME) quarterly Research & Development came in at $34.5 million in Q1 2026, down 3.58% year-on-year from $35.7 million in Q1 2025, and up 10.32% quarter-over-quarter from $31.2 million in Q4 2025.

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

Zymeworks has disclosed Research & Development across 6 years of filings, most recently posting $34.5 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $34.5 million, down 3.58% year-over-year; the trailing twelve-month figure through Mar 2026 was $135.7 million (down 1.88% YoY), and the FY2025 annual result was $137.0 million, up 1.77% from the prior year.
  • Research & Development came in at $34.5 million for Q1 2026 at Zymeworks, up 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.
  • The 5-year median for Research & Development is $35.7 million (2025), against an average of $38.7 million.
  • Across the five-year window, Research & Development plunged 51.81% in 2023 and jumped 45.21% in 2024, its largest moves.
  • Zymeworks' Research & Development stood at $53.0 million in 2022, then slumped by 51.81% to $25.5 million in 2023, then surged by 45.21% to $37.1 million in 2024, then decreased by 15.72% to $31.2 million in 2025, then rose by 10.32% to $34.5 million in 2026.
  • The last three Research & Development figures came in at $34.5 million (Q1 2026), $31.2 million (Q4 2025), and $35.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.32 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 15.66 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 626,092.00
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -101.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -2.30 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 1.46 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 357,444.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 961.60 Mn
9 Abivax 91.96 Bn 91.96 Bn - -58.00 Mn
10 Zymeworks 1.73 Bn 1.36 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