Altimmune (ALT) Research & Development (2010 - 2026)
Altimmune (ALT) posted quarterly 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.
Analysis
Altimmune (ALT) Research & Development (2010 - 2026) Analysis & Trends
Altimmune (ALT) has reported Research & Development for 17 consecutive years, with $16.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 2.31% year-over-year to $16.2 million; the TTM figure through Mar 2026 stood at $66.8 million (down 12.76% YoY), while the FY2025 annual figure was $66.4 million, down 19.21% from the prior year.
- Research & Development declined to $16.2 million in Q1 2026 per ALT's latest filing, from $18.4 million in the prior quarter.
- Across five years, Research & Development topped out at $21.5 million in Q1 2024 and bottomed at $13.3 million in Q2 2023.
- Historically, Research & Development has averaged $17.7 million across 5 years, with a median of $17.2 million in 2023.
- Annual changes were most pronounced in 2022 — Research & Development slumped 30.62% — and 2024, when it surged 59.62%.
- Altimmune's Research & Development stood at $19.2 million in 2022, then declined by 11.84% to $16.9 million in 2023, then gained by 16.99% to $19.8 million in 2024, then decreased by 6.94% to $18.4 million in 2025, then fell 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.76 Bn | 131.91 Bn | 2.84 Bn | 993.80 Mn |
| 2 | Regeneron Pharmaceuticals | 85.72 Bn | 77.72 Bn | 3.93 Bn | 1.63 Bn |
| 3 | Argenx Se | 63.56 Bn | 58.38 Bn | 1.37 Bn | -486.00 Mn |
| 4 | Moderna | 57.87 Bn | 52.73 Bn | 52.00 Mn | 651.00 Mn |
| 5 | Revolution Medicines | 44.06 Bn | 44.06 Bn | - | 394.92 Mn |
| 6 | BeOne Medicines | 40.08 Bn | 34.98 Bn | 1.53 Bn | 612.28 Mn |
| 7 | Alnylam Pharmaceuticals | 35.50 Bn | 32.20 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Royalty Pharma | 28.54 Bn | 27.70 Bn | - | 97.90 Mn |
| 9 | Insmed | 27.49 Bn | 26.33 Bn | 358.27 Mn | 210.03 Mn |
| 10 | Altimmune | 609.92 Mn | 609.92 Mn | - | 18.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.66 Mn |
| 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 |