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Keros Therapeutics (KROS) R&D spending by quarter

Keros Therapeutics' R&D spending was $20.5M in Q3 2026 (third quarter 2026), +27% from Q1 2026. Over the last 5 quarters it ranged from $16.1M (Q1 2026) to $48.7M (Q1 2025).

Keros Therapeutics R&D spending by quarterKeros Therapeutics R&D spending by quarter$48.7MQ1 2025$43.5MQ2 2025$17.9MQ4 2025$16.1MQ1 2026$20.5MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$20.5M+27%—
Q1 2026$16.1M-10%-67%
Q4 2025$17.9M-59%—
Q2 2025$43.5M-11%—
Q1 2025$48.7M——

Q3 2026 at a glance

Keros Therapeutics, Q3 2026: revenue $40.0M (+183% year over year), operating margin 32.0%, net earnings $14.2M, operating cash flow $3.4M. The chart follows the revenue to costs, profit and cash.

Questions

What is Keros Therapeutics' R&D spending?

Keros Therapeutics' R&D spending was $20.5M in Q3 2026 (third quarter 2026), +27% from Q1 2026.

How has Keros Therapeutics' R&D spending changed?

Over the last 5 quarters it ranged from $16.1M (Q1 2026) to $48.7M (Q1 2025).

Q3 2026 results → · How Keros Therapeutics makes money →