R&D expense · 2011–2025

Puma Biotechnology R&D expense

$62.1M+13.0% · FY2025

Puma Biotechnology (PBYI) reported $62.1M in R&D expense for fiscal 2025, +13.0% year on year.

$826,0002011$49.6M2012$45.0M2013$123M2014$208M2015$223M2016$208M2017$165M2018$133M2019$97.7M2020$71.9M2021$52.2M2022$50.4M2023$54.9M2024$62.1M2025
Puma Biotechnology — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$62.1M+13.0%Open →
FY20242024-12-31$54.9M+9.0%Open →
FY20232023-12-31$50.4M−3.6%Open →
FY20222022-12-31$52.2M−27.3%Open →
FY20212021-12-31$71.9M−26.4%Open →
FY20202020-12-31$97.7M−26.5%Open →
FY20192019-12-31$133M−19.4%Open →
FY20182018-12-31$165M−20.7%Open →
FY20172017-12-31$208M−6.7%Open →
FY20162016-12-31$223M+6.9%Open →
FY20152015-12-31$208M+69.6%Open →
FY20142014-12-31$123M+172.9%Open →
FY20132013-12-31$45.0M−9.2%Open →
FY20122012-12-31$49.6M+5,909.2%Open →
FY20112011-12-31$826,000—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +36.1%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Puma Biotechnology R&D expense |url=https://companiesranked.com/en/company/puma-biotechnology/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Puma Biotechnology R&D expense. CompaniesRanked. https://companiesranked.com/en/company/puma-biotechnology/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-puma-biotechnology-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Puma Biotechnology R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/puma-biotechnology/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001437749-26-005891 · February 26, 2026

{{cite web |title=Puma Biotechnology R&D expense — 10-K (0001437749-26-005891) |url=https://www.sec.gov/Archives/edgar/data/1401667/000143774926005891/pbyi20251231_10k.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-26}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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