Alvotech (ALVO) Research & Development (2021 - 2026)
Alvotech (ALVO) recorded Research & Development of -$21.86 million in Q2 2026, compared with -$54.72 million a year earlier.
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Analysis
Alvotech (ALVO) Research & Development (2021 - 2026) Analysis & Trends
On a TTM basis, Alvotech's Research & Development came in at -$46.37 million as of Jun 30, 2026; for FY2025, it came in at -$184.19 million.
- Across earlier years, Research & Development came in at -$171.31 million in FY2024, -$210.83 million in FY2023, -$180.62 million in FY2022 and -$191.01 million in FY2021.
- Quarterly Research & Development has ranged from -$210.83 million in Q1 2023 to $267.51 million in Q2 2022 over the past five years.
- Per Business Quant, the preceding three quarters came in at -$24.51 million (Q1 2026), $51.62 million (Q4 2025) and -$51.62 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,158.53 Bn | 1,127.12 Bn | 19.71 Bn | 3.82 Bn |
| 2 | Johnson & Johnson | 625.36 Bn | 543.89 Bn | 17.26 Bn | 3.65 Bn |
| 3 | AbbVie | 510.83 Bn | 483.94 Bn | 12.70 Bn | 2.34 Bn |
| 4 | Merck | 365.93 Bn | 320.31 Bn | 12.21 Bn | 9.74 Bn |
| 5 | Novartis Ag | 296.67 Bn | 260.66 Bn | 11.24 Bn | 2.85 Bn |
| 6 | Astrazeneca | 261.61 Bn | 235.29 Bn | 12.86 Bn | 4.05 Bn |
| 7 | Amgen | 235.27 Bn | 190.67 Bn | 7.24 Bn | 1.87 Bn |
| 8 | Gilead Sciences | 193.83 Bn | 168.03 Bn | 6.22 Bn | 1.76 Bn |
| 9 | Pfizer | 171.63 Bn | 118.27 Bn | 10.94 Bn | 2.81 Bn |
| 10 | Alvotech | 1.51 Bn | 1.07 Bn | 2.56 Mn | 70.88 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.88 Mn |
| Mar 31, 2026 | -24.51 Mn |
| Dec 31, 2025 | 51.62 Mn |
| Sep 30, 2025 | -237.40 Mn |
| Jun 30, 2025 | 131.06 Mn |
| Mar 31, 2025 | -38.17 Mn |
| Dec 31, 2024 | 302.36 Mn |
| Sep 30, 2024 | -228.53 Mn |
| Jun 30, 2024 | 147.35 Mn |
| Mar 31, 2024 | -49.87 Mn |
| Dec 31, 2023 | 363.64 Mn |
| Sep 30, 2023 | -252.40 Mn |
| Jun 30, 2023 | 150.45 Mn |
| Mar 31, 2023 | -50.86 Mn |
| Dec 31, 2022 | 313.76 Mn |
| Sep 30, 2022 | -220.02 Mn |
| Jun 30, 2022 | 267.51 Mn |
| Mar 31, 2022 | -47.14 Mn |
| Dec 31, 2021 | -191.01 Mn |
| Sep 30, 2021 | -56.20 Mn |
API Access
Alvotech Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=ALVO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ALVO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=ALVO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();