CGON (CG Oncology) Research & Development: $156.23 Mil (TTM As of Jun. 2026)

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CGON CG Oncology Inc CGON
30 GF Score
Price $76.56
GF Value $139.19
Valuation Possible Value Trap
! 6 Warning Signs
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What is CG Oncology Research & Development?

CG Oncology CGON +1.88% 30 Research & Development is $156.23 Mil as of Jun. 2026. GuruFocus rates CGON with a GF Score™ of 30/100 and a GF Value™ of $139.19 (Possible Value Trap). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. CG Oncology's Research & Development for the three months ended in Jun. 2026 was $54.66 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was $156.23 Mil.

CG Oncology  (NAS:CGON) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

CG Oncology Research & Development Related Terms

CG Oncology Research & Development Historical Data

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The historical data trend for CG Oncology's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CG Oncology Research & Development Chart

CG Oncology Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
18.32 29.03 45.75 82.10 116.64

CG Oncology Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.33 27.88 29.96 43.73 54.66
CGON
30GF Score
CG Oncology Inc CGON
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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CG Oncology Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $156.23 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $156.23 Mil mean?
CG Oncology (CGON) has a Research & Development of $156.23 Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on CG Oncology and its competitors.
Is CG Oncology's Research & Development too high?
CG Oncology's current Research & Development is $156.23 Mil. Overall, CG Oncology has a GF Score™ of 30/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CG Oncology's Research & Development compare to LGND and XENE?
CG Oncology's Research & Development of $156.23 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Biotechnology company?
A good Research & Development depends on the Biotechnology industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on CG Oncology and its competitors. CG Oncology's current Research & Development is $156.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CG Oncology stock overvalued right now?
Based on GuruFocus' analysis, CG Oncology (CGON) is currently considered Possible Value Trap. The stock's GF Value™ is $139.19, compared to a current price of $76.56 — trading 45% below its estimated fair value. The current Research & Development is $156.23 Mil. CG Oncology's overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For CG Oncology (CGON), the current Research & Development is $156.23 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CG Oncology (CGON) Overvalued in 2026?

Based on GuruFocus' analysis, CG Oncology stock appears to be undervalued. The current stock price of $76.56 is trading 45% below its estimated GF Value™ of $139.19. GuruFocus considers CG Oncology to be Possible Value Trap.

Key valuation signals for CGON:

  • Research & Development: $156.23 Mil
  • GF Value™: $139.19 vs. price of $76.56 (45% below fair value)
  • GF Score™: 30/100 with 6 warning signs

No single metric tells the full story. See the CGON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CG Oncology Business Description

Address 400 Spectrum Center Drive, Suite 2040, Irvine, CA, USA, 92618
CG Oncology Inc is a late-stage clinical biopharmaceutical company focused on developing and commercializing its product candidate, cretostimogene grenadenorepvec, for patients with bladder cancer. The company's candidate, cretostimogene grenadenorepvec, is a targeted oncolytic intravesically delivered immunotherapy agent that is in two phase three trials (one high-risk BCG unresponsive NMIBC trial and one intermediate-risk NMIBC trial) and a phase two clinical study with a checkpoint inhibitor for high-risk BCG unresponsive NMIBC disease.
30GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$76.56
Price
$139.19
GF Value