Alnylam Pharmaceuticals ALNY
NASDAQ ALNY
$266.11 +1.61 (+0.61%)
At close: Sep 4, 2026 · 4:00 PM EDT

Alnylam Pharmaceuticals (ALNY) Research & Development (2009 - 2026)

Alnylam Pharmaceuticals' (ALNY) quarterly Research & Development came in at $413.1 million in Q2 2026, up 27.66% on a YoY basis from $323.6 million in Q2 2025, and up 13.23% quarter-over-quarter from $364.9 million in Q1 2026.

Analysis

Alnylam Pharmaceuticals (ALNY) Research & Development (2009 - 2026) Analysis & Trends

Alnylam Pharmaceuticals (ALNY) has reported Research & Development for 18 consecutive years, with $413.1 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development rose 27.66% year-over-year to $413.1 million; the trailing twelve-month figure through Jun 2026 stood at $1.5 billion (up 30.11% YoY), and the FY2025 full-year result was $1.3 billion, up 17.19% from the prior year.
  • Research & Development improved to $413.1 million in Q2 2026 per ALNY's latest filing, from $364.9 million in the prior quarter.
  • Across five years, Research & Development topped out at $413.1 million in Q2 2026 and bottomed at $169.9 million in Q1 2022.
  • Historically, Research & Development has averaged $284.0 million across 5 years, with a median of $268.0 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: Research & Development decreased 8.61% in 2022, then soared 37.62% in 2026.
  • Over 5 years, Research & Development stood at $262.0 million in 2022, then climbed by 3.86% to $272.1 million in 2023, then increased by 10.3% to $300.2 million in 2024, then increased by 24.0% to $372.2 million in 2025, then climbed by 10.99% to $413.1 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $413.1 million, $364.9 million, and $372.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Amgen 236.37 Bn 222.38 Bn 7.24 Bn 1.87 Bn
2 Gilead Sciences 187.38 Bn 184.12 Bn 6.22 Bn 1.76 Bn
3 Vertex Pharmaceuticals 138.36 Bn 130.51 Bn 2.84 Bn 993.80 Mn
4 Regeneron Pharmaceuticals 85.09 Bn 77.10 Bn 3.93 Bn 1.63 Bn
5 Argenx Se 63.93 Bn 58.75 Bn 1.37 Bn -486.00 Mn
6 Moderna 58.07 Bn 52.94 Bn 52.00 Mn 651.00 Mn
7 Alnylam Pharmaceuticals 35.59 Bn 32.28 Bn 992.69 Mn 413.13 Mn
8 Biogen 32.63 Bn 31.34 Bn 1.96 Bn 529.60 Mn
9 Insmed 27.57 Bn 26.41 Bn 358.27 Mn 210.03 Mn
10 BioNTech SE 26.24 Bn 12.58 Bn 10.00 Mn -640.46 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 413.13 Mn
Mar 31, 2026 364.87 Mn
Dec 31, 2025 372.22 Mn
Sep 30, 2025 358.81 Mn
Jun 30, 2025 323.62 Mn
Mar 31, 2025 265.12 Mn
Dec 31, 2024 300.17 Mn
Sep 30, 2024 270.93 Mn
Jun 30, 2024 294.14 Mn
Mar 31, 2024 261.00 Mn
Dec 31, 2023 272.14 Mn
Sep 30, 2023 253.18 Mn
Jun 30, 2023 248.53 Mn
Mar 31, 2023 230.57 Mn
Dec 31, 2022 262.04 Mn
Sep 30, 2022 245.37 Mn
Jun 30, 2022 205.71 Mn
Mar 31, 2022 169.89 Mn
Dec 31, 2021 229.05 Mn
Sep 30, 2021 194.57 Mn