Quick Answer
Kodiak Sciences Inc. reported R&D Expense of $182.37 million for fiscal year 2025.
Kodiak Sciences Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $182.37M | +44.6% |
| 2024 | $126.09M | -38.9% |
| 2023 | $206.30M | -22.9% |
| 2022 | $267.59M | +23.1% |
| 2021 | $217.34M | +102.4% |
| 2020 | $107.39M | +186.3% |
| 2019 | $37.51M | +99.6% |
| 2018 | $18.79M | -14.7% |
| 2017 | $22.02M | +56.7% |
| 2016 | $14.05M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $50.48M | +58.3% | +18.0% |
| June 30, 2025 | $42.76M | +31.5% | -2.0% |
| March 31, 2025 | $43.64M | +45.8% | +36.9% |
| September 30, 2024 | $31.88M | -11.9% | -2.0% |
| June 30, 2024 | $32.51M | -51.4% | +8.6% |
| March 31, 2024 | $29.93M | -47.0% | -17.3% |
| September 30, 2023 | $36.19M | -41.3% | -46.0% |
| June 30, 2023 | $66.96M | -9.2% | +18.5% |
- Kodiak Sciences Inc. showed an increase of +44.6% in R&D Expense compared to the prior fiscal year.
- Over the 2016–2025 period, Kodiak Sciences Inc.’s r&d expense has grown by 1197.8% (from $14.05 million to $182.37 million).
- The most recent figure is from Kodiak Sciences Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 31, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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