AC Immune (ACIU) Research & Development (2015 - 2026)
AC Immune (ACIU) posted quarterly Research & Development of -$15.0 million for Q1 2026, up 15.28% year-over-year from -$13.0 million in Q1 2025, and down 12.84% quarter-over-quarter from -$13.3 million in Q4 2025.
Analysis
AC Immune (ACIU) Research & Development (2015 - 2026) Analysis & Trends
AC Immune (ACIU) has reported Research & Development for 12 consecutive years, with -$15.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 15.28% year-over-year to -$15.0 million; the TTM figure through Mar 2026 stood at -$65.0 million (up 9.01% YoY), while the FY2025 annual figure was -$68.1 million, up 4.7% from the prior year.
- Research & Development slipped to -$15.0 million in Q1 2026 per ACIU's latest filing, from -$13.3 million in the prior quarter.
- Across five years, Research & Development topped out at -$13.3 million in Q4 2025 and bottomed at -$20.3 million in Q2 2025.
- Historically, Research & Development has averaged -$16.3 million across 5 years, with a median of -$16.3 million in 2025.
- Annual changes were most pronounced in 2022 — Research & Development climbed 28.01% — and 2024, when it decreased 24.54%.
- AC Immune's Research & Development stood at -$15.7 million in 2022, then retreated by 5.08% to -$16.5 million in 2023, then fell by 9.15% to -$18.0 million in 2024, then gained by 26.24% to -$13.3 million in 2025, then declined by 12.84% to -$15.0 million in 2026.
- Business Quant data shows ACIU's Research & Development at -$15.0 million in Q1 2026, -$13.3 million in Q4 2025, and -$16.3 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 993.80 Mn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 1.63 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -486.00 Mn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 651.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 394.92 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 612.28 Mn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 97.90 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 210.03 Mn |
| 10 | AC Immune | 285.13 Mn | 285.13 Mn | - | -13.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -13.25 Mn |
| Mar 31, 2026 | -15.00 Mn |
| Dec 31, 2025 | -13.29 Mn |
| Sep 30, 2025 | -16.34 Mn |
| Jun 30, 2025 | -20.32 Mn |
| Mar 31, 2025 | -17.70 Mn |
| Dec 31, 2024 | -18.02 Mn |
| Sep 30, 2024 | -16.72 Mn |
| Jun 30, 2024 | -18.95 Mn |
| Mar 31, 2024 | -17.37 Mn |
| Dec 31, 2023 | -16.51 Mn |
| Sep 30, 2023 | -14.05 Mn |
| Jun 30, 2023 | -15.22 Mn |
| Mar 31, 2023 | -15.00 Mn |
| Dec 31, 2022 | -15.71 Mn |
| Sep 30, 2022 | -14.90 Mn |
| Jun 30, 2022 | -16.29 Mn |
| Mar 31, 2022 | -16.38 Mn |
| Dec 31, 2021 | -21.82 Mn |
| Sep 30, 2021 | -16.47 Mn |