DBV Technologies (DBVT) Research & Development (2020 - 2026)

DBV Technologies (DBVT) posted Research & Development of $31.2 million for Q2 2026, down 6.59% sequentially from $33.4 million in Q1 2026, and down 7.42% YoY from $33.7 million in Q2 2025.

DBV Technologies (DBVT) Research & Development (2020 - 2026) Analysis & Trends

DBV Technologies has reported Research & Development for 7 years, with the latest figure at $31.2 million in Q2 2026.

  • Quarterly Research & Development fell 7.42% year-over-year to $31.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $126.1 million (up 28.99% YoY) and the FY2025 annual result came in at $116.7 million, up 30.6% from the prior year.
  • Research & Development fell to $31.2 million in Q2 2026 per DBVT's latest filing, from $33.4 million in the prior quarter.
  • Over five years, Research & Development peaked at $33.7 million in Q2 2025 and troughed at $12.2 million in Q1 2022.
  • A 5-year average of $22.6 million and a median of $21.5 million in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2023: Research & Development soared 153.69% in 2022, then sank 56.86% in 2023.
  • Over 5 years, Research & Development stood at $29.6 million in 2022, then tumbled by 56.86% to $12.8 million in 2023, then soared by 47.98% to $18.9 million in 2024, then soared by 73.99% to $32.9 million in 2025, then retreated by 5.14% to $31.2 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $31.2 million, $33.4 million, and $32.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 993.80 Mn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 1.63 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 1.37 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn - 394.92 Mn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 612.28 Mn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn 1,146.05
7 Royalty Pharma 33.72 Bn 35.84 Bn - 97.90 Mn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 413.13 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn 210.03 Mn
10 DBV Technologies 6.08 Bn 5.90 Bn - 31.20 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 31.20 Mn
Mar 31, 2026 33.40 Mn
Dec 31, 2025 32.89 Mn
Sep 30, 2025 28.62 Mn
Jun 30, 2025 33.70 Mn
Mar 31, 2025 21.50 Mn
Dec 31, 2024 18.90 Mn
Sep 30, 2024 23.66 Mn
Jun 30, 2024 25.37 Mn
Mar 31, 2024 21.40 Mn
Dec 31, 2023 12.78 Mn
Sep 30, 2023 13.80 Mn
Jun 30, 2023 17.62 Mn
Mar 31, 2023 16.04 Mn
Dec 31, 2022 29.61 Mn
Sep 30, 2022 15.10 Mn
Jun 30, 2022 18.61 Mn
Mar 31, 2022 12.22 Mn
Dec 31, 2021 11.67 Mn
Sep 30, 2021 16.32 Mn