Company / R&D Expense
EXICURE, INC. R&D Expense History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
-
FY2025
5-year range
$0 / $49.0M
FY2021-FY2025
Trend
-100.0%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Declined from $20M to $0 over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- EXICURE, INC.'s r&d expense has declined for 3 consecutive years.
- In FY2025, r&d expense decreased 100.0% year-over-year.
- Peak r&d expense was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score -2.24 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $0 | -100.0% |
| FY2024 | $1.4M | -92.8% |
| FY2023 | $19.8M | -59.6% |
| FY2022 | $49.0M | +52.6% |
| FY2021 | $32.1M | +65.9% |
| FY2020 | $19.3M | +37.0% |
| FY2019 | $14.1M | +7.9% |
| FY2018 | $13.1M | -4.2% |
| FY2017 | $13.7M | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026