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Adma Biologics (ADMA) R&D spending by quarter

Adma Biologics' R&D spending was $4.5M in Q3 2026 (third quarter 2026), -25% from Q2 2026. Over the last 6 quarters it ranged from $826K (Q1 2025) to $6.0M (Q2 2026).

Adma Biologics R&D spending by quarterAdma Biologics R&D spending by quarter$826KQ1 2025$1.0MQ2 2025$1.5MQ3 2025$1.4MQ4 2025$6.0MQ2 2026$4.5MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$4.5M-25%+194%
Q2 2026$6.0M+337%+483%
Q4 2025$1.4M-10%—
Q3 2025$1.5M+48%—
Q2 2025$1.0M+25%—
Q1 2025$826K——

Q3 2026 at a glance

Adma Biologics, Q3 2026: revenue $141M (+5% year over year), operating margin 48.0%, net earnings $49.9M, operating cash flow $17.4M. The chart follows the revenue to costs, profit and cash.

Questions

What is Adma Biologics' R&D spending?

Adma Biologics' R&D spending was $4.5M in Q3 2026 (third quarter 2026), -25% from Q2 2026.

How has Adma Biologics' R&D spending changed?

Over the last 6 quarters it ranged from $826K (Q1 2025) to $6.0M (Q2 2026).

Q3 2026 results → · How Adma Biologics makes money →