WHWK (WHWK) reported R&D of $17.23M in Q1 2026.

How has WHWK's R&D changed year-over-year?

WHWK's R&D increased by 96.1% year-over-year, from $8.79M to $17.23M.

What is the long-term trend for WHWK's R&D?

Over 3 years (2021 to 2025), WHWK's R&D has grown at a 66.6% compound annual growth rate (CAGR), from $19.67M to $90.96M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

WHWK WHWK R&D

R&D at other companies

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$3.51B+28.4%

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$1.54B+16.3%

IDEAYA Biosciences, Inc.IDYA

$95.73M+35.0%

OS TherapiesOSTX

$7.35M+462%

CytomX TherapeuticsCTMX

$19.24M+2.0%

Avalo TherapeuticsAVTX

$14.05M+54.0%

Segments

By product

See full

Antibody Drug Conjugate$12.04M—

FYARRO$7K-99.9%

Other financials

Income statement

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Revenue--100%

Gross profit--100%

Operating income-$23.5M-54.6%

Net income-$22.2M-130%

EPS (diluted)-$0.32-117%

Balance sheet

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Cash & equivalents$34.8M-84.7%

Total debt$833.0K-34.3%

Total equity$116.2M-47.6%

Total assets$127.2M-45.6%

Cash flow

See full

Operating cash flow-$22.2M-87.2%

CapEx--100%

Free cash flow-$22.2M-78.9%

Valuation

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Market cap$226.49M+131%

Profitability

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Gross margin89.4%+1.0pp

Operating margin-1,601.1%-1,985pp

Net margin-288.3%+61.6pp

FCF margin-1,371.4%-1,730pp

Returns & leverage

See full

Return on equity-68.5%-86.2pp

Debt / equity0×0.0×

Current ratio11.4×-7.6×

Where this comes from

Reported directly by WHWK in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: WHWK’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is WHWK's R&D?: WHWK (WHWK) reported R&D of $17.23M in Q1 2026.
How has WHWK's R&D changed year-over-year?: WHWK's R&D increased by 96.1% year-over-year, from $8.79M to $17.23M.
What is the long-term trend for WHWK's R&D?: Over 3 years (2021 to 2025), WHWK's R&D has grown at a 66.6% compound annual growth rate (CAGR), from $19.67M to $90.96M.
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.