Alvotech (ALVOW) Research & Development (2021 - 2025)

Alvotech has reported Research & Development for 5 years, with the latest figure at $328.7 million in Q4 2025.

• For the quarter ending Q4 2025, Research & Development rose 291.87% year-over-year to $328.7 million; the trailing twelve-month figure through Dec 2025 stood at $184.2 million (up 160.92% YoY), and the FY2025 full-year result was $184.2 million, up 7.52% from the prior year.
• Research & Development for Q4 2025 stood at $328.7 million, up from -$51.6 million in the prior quarter.
• The five-year high for Research & Development was $337.6 million in Q4 2021, with the low at -$210.8 million in Q4 2023.
• Historically, Research & Development has averaged -$33.4 million across 5 years, with a median of -$50.7 million in 2025.
• The largest YoY upside for Research & Development was 291.87% in 2025 against a maximum downside of 99900.0% in 2025.
• Alvotech's Research & Development stood at $337.6 million in 2021, then sank by 153.5% to -$180.6 million in 2022, then declined by 16.72% to -$210.8 million in 2023, then increased by 18.74% to -$171.3 million in 2024, then jumped by 291.87% to $328.7 million in 2025.
• The last three Research & Development figures came in at $328.7 million (Q4 2025), -$51.6 million (Q3 2025), and -$43.0 million (Q2 2025), per Business Quant data.