> 数据图表各位网友请教一下药品板块2025年报&2026年一季报总结2026-5-5药品板块2025年报&2026年一季报总结 A股创新药板块75家公司26Q1合计研发费用约139亿元（+8.8%），研发费用率14.3%（-0.3pp）。整体研发费用投入持续提升，费用率略有下降，系整体收入快速增长。A股创新药标的2026Q1营收利润及研发费用/研发费用率(按市值排序）-2数据来源：Wind，西南证券整理31证券代码证券简称市值（亿元） 收入(百万元)归母净利润(百万元)收入同比增量净利润同比增量研发费用(百万元)研发费用率2025/3/312026/3/31同比2025/3/312026/3/31同比2026Q12026Q12025Q12026Q1同比2025Q12026Q1同比(PP)600267.SH002675.SZ301263.SZ688321.SH002550.SZ601089.SH688177.SH688091.SH688443.SH688513.SH688658.SH603367.SH688553.SH002940.SZ002038.SZ688136.SH603590.SH688505.SH300584.SZ688799.SH688221.SH688488.SH688566.SH002793.SZ688197.SH688176.SH688687.SH688373.SH688302.SH300683.SZ688189.SH688163.SH海正药业东诚药业泰恩康微芯生物千红制药福元医药百奥泰上海谊众智翔金泰-U苑东生物悦康药业辰欣药业汇宇制药昂利康双鹭药业科兴制药康辰药业复旦张江海辰药业华纳药厂前沿生物-U艾迪药业吉贝尔罗欣药业首药控股-U亚虹医药-U凯因科技盟科药业海创药业-U海特生物南新制药赛伦生物135.7107.1122.8138.789.698.885.3114.4108.6113.788.270.484.666.766.750.556.365.350.777.178.472.655.860.160.873.533.839.543.646.324.638.12,63268718516245183020771203065779202393461693542121801433362819820248326123233015741262,3906261902573588112527967326556850269340137281215149160325297178226583287120742261592627-9.2%-8.8%2.6%58.4%-20.6%-2.3%21.8%11.4%233.6%6.7%-3.7%-7.6%12.6%-1.6%-19.0%-20.7%1.4%-17.2%12.4%-3.5%948.9%-10.0%12.2%20.7%1300.0%16.3%-10.7%26.6%#DIV/0!1.5%-35.9%5.7%1942532-19161131-9314-12161-49144-261646264431541-4416506-51-8426-62-32-14-843563329288595-15218-14951-331312218-86-18478172722784224-15-1126-21-30-23-13183.1%35.2%-9.4%247.6%-47.2%-27.0%-62.7%28.1%-23.8%-16.1%32.8%-8.9%185.3%11.0%-287.3%-170.1%6.1%189.4%15.5%-34.8%615.4%-51.2%-15.2%327.3%70.3%-34.6%-76.1%65.2%6.9%-65.4%-65.0%-84.9%(241.35)(60.56)4.8594.77(92.80)(19.30)45.038.1347.0920.62(21.35)(69.85)30.15(5.37)(32.06)(73.03)2.87(30.85)17.69(11.69)268.80(19.84)24.62100.0026.009.98(24.70)8.8426.032.38(14.58)1.47161.468.70(2.96)47.43(75.91)(35.22)(58.50)3.98(28.68)(9.76)16.17(12.80)47.501.75(132.08)(43.51)2.725.052.33(14.34)271.52(7.98)(7.54)18.5035.66(28.87)(19.53)40.182.22(9.12)(5.22)(3.19)89.1845.2116.7552.5017.4880.97171.625.60129.9354.1885.50100.0765.5149.0928.0535.2111.3263.625.4331.4334.0717.759.7015.3553.5568.1022.4984.6541.9827.946.836.2092.4344.0114.9152.9116.3974.19180.229.28102.7261.1097.1773.6461.8651.8028.9437.218.0884.074.3326.6016.8015.717.8417.1853.6455.0623.7653.8524.7727.0110.423.18-4%3%12%-1%7%9%-5%-40%26%-11%-12%36%6%-5%-3%-5%40%-24%25%18%103%13%24%-11%0%24%-5%57%69%3%-34%95%3.4%6.6%9.1%32.4%3.9%9.8%83.1%7.9%644.6%17.7%14.8%10.9%27.4%14.2%16.6%10.0%5.3%35.4%3.8%9.3%120.3%9.0%4.8%3.2%2677.7%111.5%9.7%254.8%#DIV/0!17.8%16.8%24.2%3.9%7.0%7.9%20.6%4.6%9.1%71.6%11.7%152.8%18.7%17.5%8.7%23.0%15.2%21.2%13.3%3.8%56.4%2.7%8.2%5.7%8.8%3.5%2.9%191.6%77.5%11.5%128.0%95.2%17.0%40.0%11.7%(0.48)(0.44)1.2011.77(0.70)0.6011.45(3.84)491.89(1.00)(2.67)2.214.43(1.02)(4.54)(3.31)1.58(21.04)1.101.15114.620.141.340.232486.1134.00(1.77)126.79#DIV/0!0.85(23.20)12.46西南证券健康医疗
