Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest & Investment IncomeInterest ExpensesInterest ExpensesNet Income towards Common StockholdersOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
Others
Ratios

Galapagos (GLPG) Research & Development (2017 - 2026)

Galapagos has reported Research & Development over the past 6 years, most recently at -$36.2 million for Q1 2026.

  • Quarterly Research & Development rose 81.14% to -$36.2 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $704.1 million through Mar 2026, up 197.67% year-over-year, with the annual reading at $534.8 million for FY2025, 49.19% up from the prior year.
  • Research & Development was -$36.2 million for Q1 2026 at Galapagos, down from $944.4 million in the prior quarter.
  • Over five years, Research & Development peaked at $944.4 million in Q4 2025 and troughed at -$396.8 million in Q3 2025.
  • The 4-year median for Research & Development is -$36.2 million (2026), against an average of $113.3 million.
  • The largest YoY upside for Research & Development was 196.58% in 2025 against a maximum downside of 147.09% in 2025.
  • A 4-year view of Research & Development shows it stood at $439.5 million in 2023, then soared by 39.49% to $613.1 million in 2024, then surged by 54.04% to $944.4 million in 2025, then crashed by 103.84% to -$36.2 million in 2026.
  • Per Business Quant, the three most recent readings for GLPG's Research & Development are -$36.2 million (Q1 2026), $944.4 million (Q4 2025), and -$396.8 million (Q3 2025).