Insmed ARIKAYCE external R&D expenses — R&D decreased by 5.3% to $8.62M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.9%, from $12.12M to $8.62M. Over 3 years (FY 2022 to FY 2025), ARIKAYCE external R&D expenses — R&D shows a downward trend with a -12.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Higher expenses may signal active clinical trials for new indications or label expansions, whereas lower expenses typically reflect a more mature, stable product lifecycle.
This metric captures the external research and development costs directly attributable to a specific commercialized prod...
Comparable to product-specific R&D spend metrics reported by other specialty pharma companies managing mature or expanding therapeutic assets.
insm_segment_arikayce_external_r_d_expenses_research_and_development| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $15.26M | $15.26M | $15.26M | $15.26M | $15.60M | $15.60M | $15.60M | $15.60M | $13.93M | $14.90M | $16.37M | $15.08M | $12.12M | $11.00M | $9.21M | $9.10M | $8.62M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +2.3% | +0.0% | +0.0% | +0.0% | -10.8% | +7.0% | +9.9% | -7.9% | -19.6% | -9.2% | -16.3% | -1.2% | -5.3% |
| YoY Change | — | — | — | — | +2.3% | +2.3% | +2.3% | +2.3% | -10.8% | -4.5% | +4.9% | -3.4% | -13.0% | -26.1% | -43.7% | -39.6% | -28.9% |