Protagonist Therapeutics annual r&d spending
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Protagonist Therapeutics R&D Spending Growth & History (PTGX)
Protagonist Therapeutics's r&d spending was $159.3M for fiscal 2025.
View full Protagonist Therapeutics company overviewProtagonist Therapeutics annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $159.3M | $21.2M | +15.32% |
| 2024 | 2024-12-31 | $138.1M | $18.0M | +14.95% |
| 2023 | 2023-12-31 | $120.2M | −$6.1M | −4.80% |
| 2022 | 2022-12-31 | $126.2M | $209,000 | +0.17% |
| 2021 | 2021-12-31 | $126.0M | $51.5M | +69.12% |
| 2020 | 2020-12-31 | $74.5M | $9.5M | +14.62% |
| 2019 | 2019-12-31 | $65.0M | $5.5M | +9.25% |
| 2018 | 2018-12-31 | $59.5M | $13.3M | +28.83% |
| 2017 | 2017-12-31 | $46.2M | $20.5M | +79.66% |
| 2016 | 2016-12-31 | $25.7M | $13.9M | +117.27% |
| 2015 | 2015-12-31 | $11.8M | $4.4M | +58.61% |
| 2014 | 2014-12-31 | $7.5M | — | — |
Protagonist Therapeutics quarterly r&d spending
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Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $42.1M | $5.0M | +13.57% |
| Q1 2026 | 2026-03-31 | $46.7M | $10.8M | +30.22% |
| Q4 2025 | 2025-12-31 | $46.4M | $11.5M | +32.82% |
| Q3 2025 | 2025-09-30 | $40.0M | $4.0M | +11.21% |
| Q2 2025 | 2025-06-30 | $37.0M | $3.5M | +10.49% |
| Q1 2025 | 2025-03-31 | $35.9M | $2.2M | +6.40% |
| Q4 2024 | 2024-12-31 | $34.9M | $6.0M | +20.78% |
| Q3 2024 | 2024-09-30 | $36.0M | $5.3M | +17.30% |
| Q2 2024 | 2024-06-30 | $33.5M | $338,000 | +1.02% |
| Q1 2024 | 2024-03-31 | $33.7M | $6.3M | +23.04% |
| Q4 2023 | 2023-12-31 | $28.9M | −$985,000 | −3.30% |
| Q3 2023 | 2023-09-30 | $30.7M | $5.3M | +20.71% |
| Q2 2023 | 2023-06-30 | $33.2M | −$1.4M | −4.13% |
| Q1 2023 | 2023-03-31 | $27.4M | −$8.9M | −24.51% |
| Q4 2022 | 2022-12-31 | $29.9M | −$8.5M | −22.12% |
| Q3 2022 | 2022-09-30 | $25.4M | −$11.6M | −31.26% |
| Q2 2022 | 2022-06-30 | $34.6M | $8.2M | +30.94% |
| Q1 2022 | 2022-03-31 | $36.3M | $12.1M | +49.80% |
| Q4 2021 | 2021-12-31 | $38.4M | $18.9M | +96.93% |
| Q3 2021 | 2021-09-30 | $37.0M | $21.0M | +131.05% |
| Q2 2021 | 2021-06-30 | $26.4M | $6.2M | +30.48% |
| Q1 2021 | 2021-03-31 | $24.2M | $5.5M | +29.18% |
| Q4 2020 | 2020-12-31 | $19.5M | $3.6M | +22.47% |
| Q3 2020 | 2020-09-30 | $16.0M | −$1.3M | −7.51% |
| Q2 2020 | 2020-06-30 | $20.3M | $902,000 | +4.66% |
| Q1 2020 | 2020-03-31 | $18.8M | $6.3M | +50.82% |
| Q4 2019 | 2019-12-31 | $15.9M | $1.7M | +11.66% |
| Q3 2019 | 2019-09-30 | $17.3M | $5.1M | +42.39% |
| Q2 2019 | 2019-06-30 | $19.4M | $1.6M | +9.13% |
| Q1 2019 | 2019-03-31 | $12.4M | −$2.9M | −19.03% |
| Q4 2018 | 2018-12-31 | $14.2M | $2.5M | +21.54% |
| Q3 2018 | 2018-09-30 | $12.1M | $977,000 | +8.75% |
| Q2 2018 | 2018-06-30 | $17.7M | $5.7M | +47.71% |
| Q1 2018 | 2018-03-31 | $15.4M | $4.1M | +36.22% |
| Q4 2017 | 2017-12-31 | $11.7M | $2.9M | +32.88% |
| Q3 2017 | 2017-09-30 | $11.2M | $5.6M | +100.83% |
| Q2 2017 | 2017-06-30 | $12.0M | $6.3M | +110.80% |
| Q1 2017 | 2017-03-31 | $11.3M | $5.7M | +100.57% |
| Q4 2016 | 2016-12-31 | $8.8M | — | — |
| Q3 2016 | 2016-09-30 | $5.6M | $2.4M | +76.09% |
| Q2 2016 | 2016-06-30 | $5.7M | $3.4M | +147.98% |
| Q1 2016 | 2016-03-31 | $5.6M | — | — |
| Q3 2015 | 2015-09-30 | $3.2M | — | — |
| Q2 2015 | 2015-06-30 | $2.3M | — | — |
Protagonist Therapeutics r&d spending trends
Over the last five fiscal years, Protagonist Therapeutics's r&d spending increased from $74.5M to $159.3M, a change of $84.8M. The latest reported quarter, Q2 2026, shows $42.1M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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