Altimmune (ALT) Research & Development (2010 - 2026)
Altimmune (ALT) reported Research & Development of $16.2 million for Q1 2026, up 2.31% year-over-year from $15.8 million in Q1 2025, and down 12.04% quarter-over-quarter from $18.4 million in Q4 2025.
Altimmune (ALT) Research & Development (2010 - 2026) Analysis & Trends
Altimmune (ALT) has 17 years of Research & Development data on file, last reported at $16.2 million in Q1 2026.
- Research & Development for Q1 2026 came in at $16.2 million, up 2.31% year-over-year; the trailing twelve-month figure through Mar 2026 was $66.8 million (down 12.76% YoY), and the FY2025 annual result was $66.4 million, down 19.21% from the prior year.
- Research & Development retreated to $16.2 million in Q1 2026 per ALT's latest filing, from $18.4 million in the prior quarter.
- Over five years, Research & Development peaked at $21.5 million in Q1 2024 and troughed at $13.3 million in Q2 2023.
- A 5-year average of $17.7 million and a median of $17.2 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2024: Research & Development slumped 30.62% in 2022, then surged 59.62% in 2024.
- A 5-year view of Research & Development shows it stood at $19.2 million in 2022, then dropped by 11.84% to $16.9 million in 2023, then rose by 16.99% to $19.8 million in 2024, then retreated by 6.94% to $18.4 million in 2025, then declined by 12.04% to $16.2 million in 2026.
- Business Quant data shows ALT's Research & Development at $16.2 million in Q1 2026, $18.4 million in Q4 2025, and $15.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.32 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 15.66 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 626,092.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -101.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -2.30 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 1.46 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 357,444.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 961.60 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -58.00 Mn |
| 10 | Altimmune | 336.67 Mn | 336.67 Mn | - | 16.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.19 Mn |
| Dec 31, 2025 | 18.41 Mn |
| Sep 30, 2025 | 14.96 Mn |
| Jun 30, 2025 | 17.24 Mn |
| Mar 31, 2025 | 15.83 Mn |
| Dec 31, 2024 | 19.78 Mn |
| Sep 30, 2024 | 19.80 Mn |
| Jun 30, 2024 | 21.16 Mn |
| Mar 31, 2024 | 21.49 Mn |
| Dec 31, 2023 | 16.91 Mn |
| Sep 30, 2023 | 18.39 Mn |
| Jun 30, 2023 | 13.25 Mn |
| Mar 31, 2023 | 17.25 Mn |
| Dec 31, 2022 | 19.18 Mn |
| Sep 30, 2022 | 20.26 Mn |
| Jun 30, 2022 | 15.99 Mn |
| Mar 31, 2022 | 15.10 Mn |
| Dec 31, 2021 | 20.19 Mn |
| Sep 30, 2021 | 29.21 Mn |
| Jun 30, 2021 | 13.27 Mn |