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
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