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Filing Flows › Orchestra BioMed Holdings (OBIO) › R&D spending

Orchestra BioMed Holdings (OBIO) R&D spending by quarter

Orchestra BioMed Holdings' R&D spending was $16.6M in Q2 2026 (second quarter 2026), +5% from Q1 2026. Over the last 7 quarters it ranged from $11.0M (Q4 2024) to $16.8M (Q4 2025).

Orchestra BioMed Holdings R&D spending by quarterOrchestra BioMed Holdings R&D spending by quarter$11.0MQ4 2024$13.5MQ1 2025$13.9MQ2 2025$14.0MQ3 2025$16.8MQ4 2025$15.8MQ1 2026$16.6MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$16.6M+5%+20%
Q1 2026$15.8M-6%+17%
Q4 2025$16.8M+20%+53%
Q3 2025$14.0M+1%—
Q2 2025$13.9M+3%—
Q1 2025$13.5M+23%—
Q4 2024$11.0M——

Q2 2026 at a glance

Orchestra BioMed Holdings, Q2 2026: revenue $88K (-90% year over year), net loss $23.8M, operating cash flow −$19.3M. The chart follows the revenue to costs, profit and cash.

Questions

What is Orchestra BioMed Holdings' R&D spending?

Orchestra BioMed Holdings' R&D spending was $16.6M in Q2 2026 (second quarter 2026), +5% from Q1 2026.

How has Orchestra BioMed Holdings' R&D spending changed?

Over the last 7 quarters it ranged from $11.0M (Q4 2024) to $16.8M (Q4 2025).

Q2 2026 results → · How Orchestra BioMed Holdings makes money →