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
DateValue
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