Arbutus Biopharma (ABUS) Research & Development (2013 - 2026)

Arbutus Biopharma (ABUS) posted quarterly Research & Development of $4.1 million for Q1 2026, down 54.01% year-on-year from $9.0 million in Q1 2025, and down 17.7% on a QoQ basis from $5.0 million in Q4 2025.

Arbutus Biopharma (ABUS) Research & Development (2013 - 2026) Analysis & Trends

Arbutus Biopharma (ABUS) has reported Research & Development for 14 consecutive years, with $4.1 million the latest figure, recorded in Q1 2026.

  • Quarterly Research & Development fell 54.01% year-over-year to $4.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $20.4 million (down 57.13% YoY) and the FY2025 annual result came in at $25.2 million, down 53.29% from the prior year.
  • Research & Development fell to $4.1 million in Q1 2026 per ABUS's latest filing, from $5.0 million in the prior quarter.
  • Over the last five years, Research & Development for ABUS reached as high as $22.9 million in Q4 2022 and fell as low as $4.1 million in Q1 2026.
  • A 5-year average of $14.2 million and a median of $15.6 million in 2024 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2022 — Research & Development jumped 45.21% — and 2025, when it slumped 64.65%.
  • Year by year, Research & Development stood at $22.9 million in 2022, then retreated by 23.47% to $17.6 million in 2023, then tumbled by 49.84% to $8.8 million in 2024, then slumped by 43.18% to $5.0 million in 2025, then fell by 17.7% to $4.1 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $4.1 million, $5.0 million, and $5.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -17.94 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 541.22 Mn
4 NuCana 279.75 Bn 279.75 Bn - -2.31 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 15.66 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 1.37 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 343.97 Mn
10 Arbutus Biopharma 880.36 Mn 785.13 Mn - 4.12 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.12 Mn
Dec 31, 2025 5.01 Mn
Sep 30, 2025 5.78 Mn
Jun 30, 2025 5.50 Mn
Mar 31, 2025 8.96 Mn
Dec 31, 2024 8.81 Mn
Sep 30, 2024 14.27 Mn
Jun 30, 2024 15.55 Mn
Mar 31, 2024 15.40 Mn
Dec 31, 2023 17.56 Mn
Sep 30, 2023 20.17 Mn
Jun 30, 2023 17.69 Mn
Mar 31, 2023 18.28 Mn
Dec 31, 2022 22.95 Mn
Sep 30, 2022 20.06 Mn
Jun 30, 2022 22.94 Mn
Mar 31, 2022 18.46 Mn
Dec 31, 2021 19.21 Mn
Sep 30, 2021 16.71 Mn
Jun 30, 2021 15.80 Mn