What is Cerus's research and development expense?

Cerus (CERS) reported research and development expense of $14.53M in Q1 2026.

How has Cerus's research and development expense changed year-over-year?

Cerus's research and development expense decreased by 12.5% year-over-year, from $16.61M to $14.53M.

What is the long-term trend for Cerus's research and development expense?

Over 4 years (2021 to 2025), Cerus's research and development expense has grown at a 1.5% compound annual growth rate (CAGR), from $63.69M to $67.72M.

Cerus CERS Research and development expense

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$899K+12.4%

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$516M+16.5%

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$135.56M+14.7%

Nurix Therapeutics, Inc.NRIX

$57.07M+12.2%

Dianthus TherapeuticsDNTH

$1.49M+25.5%

Other financials

Income statement

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Revenue$53.7M+24.1%

Operating income-$354.0K+94.0%

Net income-$1.6M+78.7%

EPS (diluted)-$0.01+75.0%

Balance sheet

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Cash & equivalents$27.9M+43.0%

Total debt$45.0M-43.3%

Total equity$67.6M+21.7%

Total assets$222.9M+7.8%

Cash flow

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Operating cash flow-$3.0M-261%

CapEx$233.0K+108%

Free cash flow-$3.3M-243%

Valuation

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Market cap$573.06M+124%

Enterprise value$590.17M+86.7%

P/S2.9×-1.0×

Profitability

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Gross margin64%—

Operating margin-6.2%-2.1pp

Net margin-9.8%-2.8pp

FCF margin3.5%+1.9pp

Returns & leverage

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Return on equity-15.5%-5.6pp

Debt / equity0.7×-0.8×

Current ratio1.6×-0.7×

Where this comes from

Reported directly by Cerus in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost.

The official record: Cerus’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cerus's research and development expense?: Cerus (CERS) reported research and development expense of $14.53M in Q1 2026.
How has Cerus's research and development expense changed year-over-year?: Cerus's research and development expense decreased by 12.5% year-over-year, from $16.61M to $14.53M.
What is the long-term trend for Cerus's research and development expense?: Over 4 years (2021 to 2025), Cerus's research and development expense has grown at a 1.5% compound annual growth rate (CAGR), from $63.69M to $67.72M.