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R&D at other companies

Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
$2.65B+17.4%
Eli Lilly logo
Eli LillyLLY
$3.51B+28.4%
Amgen logo
AmgenAMGN
$1.72B+15.7%
Incyte logo
IncyteINCY
$515.9M+18.0%
Spyre Therapeutics, Inc. logo
Spyre Therapeutics, Inc.SYRE
$60.41M+45.1%
Apogee Therapeutics, Inc. logo
Apogee Therapeutics, Inc.APGE

Other financials

Income statement

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Revenue$56.4M+99.0%
Operating income-$3.6M+81.1%
Net income$3.8M+132%
EPS (diluted)$0.05+126%

Balance sheet

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Cash & equivalents$193.7M+38.7%
Total debt$9.8M-13.9%
Total equity$655.5M-4.9%
Total assets$697.5M-6.0%

Cash flow

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Operating cash flow-$48.9M-139%
CapEx$215.0K-60.6%
Free cash flow-$49.2M-139%

Valuation

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Market cap$7.26B+127%
Enterprise value$7.07B+130%
P/S98×+82.6×

Profitability

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Operating margin-192.4%-205pp
Net margin-154.9%-182pp
FCF margin-12,264.3%-12,527pp

Returns & leverage

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Return on equity-17.1%-26.1pp
Debt / equity0.0×
Current ratio17.8×+0.5×

Where this comes from

Reported directly by Protagonist Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Protagonist Therapeutics’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Protagonist Therapeutics's R&D?
Protagonist Therapeutics (PTGX) reported R&D of $46.74M in Q1 2026.
How has Protagonist Therapeutics's R&D changed year-over-year?
Protagonist Therapeutics's R&D increased by 30.2% year-over-year, from $35.89M to $46.74M.
What is the long-term trend for Protagonist Therapeutics's R&D?
Over 4 years (2021 to 2025), Protagonist Therapeutics's R&D has grown at a 6.0% compound annual growth rate (CAGR), from $126.01M to $159.29M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.