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Xenetic Biosciences (XBIO) R&D spending by quarter

Xenetic Biosciences' R&D spending was $552K in Q2 2026 (second quarter 2026), -17% from Q1 2026. Over the last 7 quarters it ranged from $552K (Q2 2026) to $1.0M (Q4 2024).

Xenetic Biosciences R&D spending by quarterXenetic Biosciences R&D spending by quarter$1.0MQ4 2024$879KQ1 2025$657KQ2 2025$756KQ3 2025$773KQ4 2025$661KQ1 2026$552KQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$552K-17%-16%
Q1 2026$661K-14%-25%
Q4 2025$773K+2%-26%
Q3 2025$756K+15%—
Q2 2025$657K-25%—
Q1 2025$879K-16%—
Q4 2024$1.0M——

Q2 2026 at a glance

Xenetic Biosciences, Q2 2026: revenue $661K (+12% year over year), operating margin -147.1%, net loss $930K, operating cash flow −$875K. The chart follows the revenue to costs, profit and cash.

Questions

What is Xenetic Biosciences' R&D spending?

Xenetic Biosciences' R&D spending was $552K in Q2 2026 (second quarter 2026), -17% from Q1 2026.

How has Xenetic Biosciences' R&D spending changed?

Over the last 7 quarters it ranged from $552K (Q2 2026) to $1.0M (Q4 2024).

Q2 2026 results → · How Xenetic Biosciences makes money →