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Seres Therapeutics (MCRB) R&D spending by quarter

Seres Therapeutics' R&D spending was $5.6M in Q3 2026 (third quarter 2026), -39% from Q2 2026. Over the last 5 quarters it ranged from $5.6M (Q3 2026) to $13.2M (Q1 2026).

Seres Therapeutics R&D spending by quarterSeres Therapeutics R&D spending by quarter$12.6MQ3 2025$11.7MQ4 2025$13.2MQ1 2026$9.1MQ2 2026$5.6MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$5.6M-39%-56%
Q2 2026$9.1M-31%—
Q1 2026$13.2M+13%—
Q4 2025$11.7M-7%—
Q3 2025$12.6M——

Q3 2026 at a glance

Seres Therapeutics, Q3 2026: revenue $593K (+69% year over year), net loss $16.3M, operating cash flow −$10.5M. The chart follows the revenue to costs, profit and cash.

Questions

What is Seres Therapeutics' R&D spending?

Seres Therapeutics' R&D spending was $5.6M in Q3 2026 (third quarter 2026), -39% from Q2 2026.

How has Seres Therapeutics' R&D spending changed?

Over the last 5 quarters it ranged from $5.6M (Q3 2026) to $13.2M (Q1 2026).

Q3 2026 results → · How Seres Therapeutics makes money →