Arcturus Therapeutics Holdings (ARCT) Research & Development (2018 - 2026)
Arcturus Therapeutics Holdings (ARCT) posted Research & Development of $21.5 million for Q1 2026, down 12.05% on a QoQ basis from $24.5 million in Q4 2025, and down 38.31% year-over-year from $34.9 million in Q1 2025.
Arcturus Therapeutics Holdings (ARCT) Research & Development (2018 - 2026) Analysis & Trends
Arcturus Therapeutics Holdings' Research & Development history runs 9 years deep, the most recent figure standing at $21.5 million for Q1 2026.
- Quarterly Research & Development fell 38.31% year-over-year to $21.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $98.8 million (down 43.99% YoY) and the FY2025 annual result came in at $112.2 million, down 42.5% from the prior year.
- Research & Development was $21.5 million for Q1 2026 at Arcturus Therapeutics Holdings, down from $24.5 million in the prior quarter.
- Across five years, Research & Development topped out at $58.7 million in Q2 2024 and bottomed at $21.5 million in Q1 2026.
- A 5-year average of $39.3 million and a median of $38.2 million in 2022 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development surged 37.91% — and 2025, when it tumbled 49.58%.
- Arcturus Therapeutics Holdings' Research & Development stood at $27.0 million in 2022, then soared by 35.73% to $36.6 million in 2023, then gained by 19.55% to $43.8 million in 2024, then slumped by 44.09% to $24.5 million in 2025, then slipped by 12.05% to $21.5 million in 2026.
- Business Quant data shows ARCT's Research & Development at $21.5 million in Q1 2026, $24.5 million in Q4 2025, and $23.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -17.94 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 541.22 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -2.31 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 961.60 Mn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 1.54 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 15.66 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 1.37 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 343.97 Mn |
| 10 | Arcturus Therapeutics Holdings | 164.57 Mn | -46.81 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 |