BioNTech SE (BNTX) Research & Development (2018 - 2025)
BioNTech SE's (BNTX) quarterly Research & Development came in at -$588.3 million in Q4 2025, up 10.01% year-on-year from -$534.8 million in Q4 2024, and up 10.9% quarter-over-quarter from -$660.3 million in Q3 2025.
BioNTech SE (BNTX) Research & Development (2018 - 2025) Analysis & Trends
BioNTech SE has disclosed Research & Development across 8 years of filings, most recently posting -$588.3 million for Q4 2025.
- Research & Development for Q4 2025 came in at -$588.3 million, up 10.01% year-over-year; the trailing twelve-month figure through Dec 2025 was -$2.4 billion (up 2.51% YoY), and the FY2025 annual result was -$2.4 billion, up 1.27% from the prior year.
- Research & Development came in at -$588.3 million for Q4 2025 at BioNTech SE, up from -$660.3 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$242.2 million in Q2 2021 to a low of -$660.3 million in Q3 2025.
- The 5-year median for Research & Development is -$531.1 million (2022), against an average of -$473.9 million.
- Across the five-year window, Research & Development sank 101360660.56% in 2021 and advanced 10.01% in 2025, its largest moves.
- BioNTech SE's Research & Development stood at -$310.6 million in 2021, then plunged by 67.46% to -$520.1 million in 2022, then dropped by 19.53% to -$621.7 million in 2023, then fell by 5.16% to -$653.8 million in 2024, then advanced by 10.01% to -$588.3 million in 2025.
- The last three Research & Development figures came in at -$588.3 million (Q4 2025), -$660.3 million (Q3 2025), and -$576.3 million (Q2 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 | BioNTech SE | 27.38 Bn | 10.07 Bn | 668.28 Mn | -588.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -588.31 Mn |
| Sep 30, 2025 | -660.28 Mn |
| Jun 30, 2025 | -576.28 Mn |
| Mar 31, 2025 | -552.87 Mn |
| Dec 31, 2024 | -653.77 Mn |
| Sep 30, 2024 | -604.35 Mn |
| Jun 30, 2024 | -629.55 Mn |
| Mar 31, 2024 | -551.33 Mn |
| Dec 31, 2023 | -621.68 Mn |
| Sep 30, 2023 | -542.01 Mn |
| Jun 30, 2023 | -406.60 Mn |
| Mar 31, 2023 | -358.50 Mn |
| Dec 31, 2022 | -520.12 Mn |
| Sep 30, 2022 | -344.63 Mn |
| Jun 30, 2022 | -426.40 Mn |
| Mar 31, 2022 | -320.76 Mn |
| Dec 31, 2021 | -310.59 Mn |
| Sep 30, 2021 | -307.09 Mn |
| Jun 30, 2021 | -242.18 Mn |
| Mar 31, 2021 | -260.79 Mn |