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

DBV Technologies (DBVT) reported Research & Development of $33.4 million for Q1 2026, up 55.35% year-over-year from $21.5 million in Q1 2025, and up 1.54% quarter-over-quarter from $32.9 million in Q4 2025.

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

DBV Technologies (DBVT) has 7 years of Research & Development data on file, last reported at $33.4 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $33.4 million, up 55.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $128.6 million (up 43.78% YoY), and the FY2025 annual result was $116.7 million, up 30.6% from the prior year.
  • Research & Development rose to $33.4 million in Q1 2026 per DBVT's latest filing, from $32.9 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 $22.1 million and a median of $21.4 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.
  • A 5-year view of Research & Development shows it stood at $29.6 million in 2022, then slumped by 56.86% to $12.8 million in 2023, then surged by 47.98% to $18.9 million in 2024, then surged by 73.99% to $32.9 million in 2025, then increased by 1.54% to $33.4 million in 2026.
  • Business Quant data shows DBVT's Research & Development at $33.4 million in Q1 2026, $32.9 million in Q4 2025, and $28.6 million in Q3 2025.

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 DBV Technologies 6.63 Bn 6.41 Bn -3.90 Mn 33.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 33.40 Mn
Dec 31, 2025 32.89 Mn
Sep 30, 2025 28.62 Mn
Jun 30, 2025 33.69 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
Jun 30, 2021 20.18 Mn