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Cue Biopharma (CUE) R&D spending by quarter

Cue Biopharma's R&D spending was $49.0M in Q2 2026 (second quarter 2026), +611% from Q1 2026. Over the last 7 quarters it ranged from $4.8M (Q3 2025) to $49.0M (Q2 2026).

Cue Biopharma R&D spending by quarterCue Biopharma R&D spending by quarter$7.2MQ4 2024$8.5MQ1 2025$7.9MQ2 2025$4.8MQ3 2025$16.5MQ4 2025$6.9MQ1 2026$49.0MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$49.0M+611%+520%
Q1 2026$6.9M-58%-19%
Q4 2025$16.5M+248%+130%
Q3 2025$4.8M-40%—
Q2 2025$7.9M-7%—
Q1 2025$8.5M+19%—
Q4 2024$7.2M——

Q2 2026 at a glance

Cue Biopharma, Q2 2026: revenue $7.9M (+167% year over year), net loss $153M, operating cash flow −$29.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is Cue Biopharma's R&D spending?

Cue Biopharma's R&D spending was $49.0M in Q2 2026 (second quarter 2026), +611% from Q1 2026.

How has Cue Biopharma's R&D spending changed?

Over the last 7 quarters it ranged from $4.8M (Q3 2025) to $49.0M (Q2 2026).

Q2 2026 results → · How Cue Biopharma makes money →