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Filing Flows › Cartesian Therapeutics (RNAC) › R&D spending

Cartesian Therapeutics (RNAC) R&D spending by quarter

Cartesian Therapeutics' R&D spending was $19.5M in Q1 2026 (first quarter 2026), +33% from Q4 2025. Over the last 5 quarters it ranged from $13.8M (Q3 2025) to $19.5M (Q1 2026).

Cartesian Therapeutics R&D spending by quarterCartesian Therapeutics R&D spending by quarter$14.7MQ1 2025$14.9MQ2 2025$13.8MQ3 2025$14.7MQ4 2025$19.5MQ1 2026
QuarterR&D spendingQ/QY/Y
Q1 2026$19.5M+33%+33%
Q4 2025$14.7M+6%—
Q3 2025$13.8M-7%—
Q2 2025$14.9M+1%—
Q1 2025$14.7M——

Q1 2026 at a glance

Cartesian Therapeutics, Q1 2026: revenue $78K (-93% year over year), net loss $39.2M, operating cash flow −$22.1M. The chart follows the revenue to costs, profit and cash.

Questions

What is Cartesian Therapeutics' R&D spending?

Cartesian Therapeutics' R&D spending was $19.5M in Q1 2026 (first quarter 2026), +33% from Q4 2025.

How has Cartesian Therapeutics' R&D spending changed?

Over the last 5 quarters it ranged from $13.8M (Q3 2025) to $19.5M (Q1 2026).

Q1 2026 results → · How Cartesian Therapeutics makes money →