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
DateValue
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