Arcturus Therapeutics Holdings (ARCT) Research & Development (2018 - 2026)
Arcturus Therapeutics Holdings (ARCT) reported Research & Development of $21.5 million for Q1 2026, down 38.31% on a YoY basis from $34.9 million in Q1 2025, and down 12.05% quarter-over-quarter from $24.5 million in Q4 2025.
Arcturus Therapeutics Holdings (ARCT) Research & Development (2018 - 2026) Analysis & Trends
Arcturus Therapeutics Holdings has reported Research & Development for 9 years, with the latest figure at $21.5 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 38.31% year-over-year to $21.5 million; the trailing twelve-month figure through Mar 2026 stood at $98.8 million (down 43.99% YoY), and the FY2025 full-year result was $112.2 million, down 42.5% from the prior year.
- Research & Development for Q1 2026 stood at $21.5 million, down from $24.5 million in the prior quarter.
- The five-year high for Research & Development was $58.7 million in Q2 2024, with the low at $21.5 million in Q1 2026.
- Historically, Research & Development has averaged $39.3 million across 5 years, with a median of $38.2 million in 2022.
- Annual changes were most pronounced in 2023 — Research & Development surged 37.91% — and 2025, when it plunged 49.58%.
- Arcturus Therapeutics Holdings' Research & Development stood at $27.0 million in 2022, then jumped by 35.73% to $36.6 million in 2023, then increased by 19.55% to $43.8 million in 2024, then plunged by 44.09% to $24.5 million in 2025, then retreated by 12.05% to $21.5 million in 2026.
- The last three Research & Development figures came in at $21.5 million (Q1 2026), $24.5 million (Q4 2025), and $23.3 million (Q3 2025), per Business Quant data.
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 | Arcturus Therapeutics Holdings | 217.14 Mn | 5.76 Mn | - | 21.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.53 Mn |
| Dec 31, 2025 | 24.48 Mn |
| Sep 30, 2025 | 23.27 Mn |
| Jun 30, 2025 | 29.58 Mn |
| Mar 31, 2025 | 34.89 Mn |
| Dec 31, 2024 | 43.78 Mn |
| Sep 30, 2024 | 39.13 Mn |
| Jun 30, 2024 | 58.67 Mn |
| Mar 31, 2024 | 53.57 Mn |
| Dec 31, 2023 | 36.62 Mn |
| Sep 30, 2023 | 51.08 Mn |
| Jun 30, 2023 | 52.67 Mn |
| Mar 31, 2023 | 51.77 Mn |
| Dec 31, 2022 | 26.98 Mn |
| Sep 30, 2022 | 37.69 Mn |
| Jun 30, 2022 | 38.19 Mn |
| Mar 31, 2022 | 44.89 Mn |
| Dec 31, 2021 | 32.63 Mn |
| Sep 30, 2021 | 45.40 Mn |
| Jun 30, 2021 | 45.68 Mn |