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Puma Biotechnology (PBYI) R&D spending by quarter

Puma Biotechnology's R&D spending was $18.3M in Q3 2026 (third quarter 2026), -3% from Q2 2026. Over the last 7 quarters it ranged from $13.9M (Q1 2025) to $19.8M (Q1 2026).

Puma Biotechnology R&D spending by quarterPuma Biotechnology R&D spending by quarter$13.9MQ1 2025$15.5MQ2 2025$15.9MQ3 2025$16.8MQ4 2025$19.8MQ1 2026$18.9MQ2 2026$18.3MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$18.3M-3%+15%
Q2 2026$18.9M-5%+22%
Q1 2026$19.8M+18%+43%
Q4 2025$16.8M+6%—
Q3 2025$15.9M+3%—
Q2 2025$15.5M+11%—
Q1 2025$13.9M——

Q3 2026 at a glance

Puma Biotechnology, Q3 2026: revenue $55.1M (+1% year over year), operating margin 9.6%, net earnings $6.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is Puma Biotechnology's R&D spending?

Puma Biotechnology's R&D spending was $18.3M in Q3 2026 (third quarter 2026), -3% from Q2 2026.

How has Puma Biotechnology's R&D spending changed?

Over the last 7 quarters it ranged from $13.9M (Q1 2025) to $19.8M (Q1 2026).

Q3 2026 results → · How Puma Biotechnology makes money →