InflaRx IFRX
NASDAQ IFRX
$2.02 -0.10 (-4.72%)
At close: Aug 20, 2026 · 4:00 PM EDT

InflaRx (IFRX) Research & Development (2016 - 2026)

InflaRx (IFRX) posted Research & Development of -$4.9 million for Q1 2026, down 109.08% sequentially from $53.8 million in Q4 2025, and up 33.84% YoY from -$3.6 million in Q1 2025.

InflaRx (IFRX) Research & Development (2016 - 2026) Analysis & Trends

InflaRx has reported Research & Development for 11 years, with the latest figure at -$4.9 million in Q1 2026.

  • Quarterly Research & Development rose 33.84% year-over-year to -$4.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $33.4 million (down 11.57% YoY) and the FY2025 annual result came in at $29.1 million, down 24.08% from the prior year.
  • Research & Development declined to -$4.9 million in Q1 2026 per IFRX's latest filing, from $53.8 million in the prior quarter.
  • Over five years, Research & Development peaked at $79.6 million in Q4 2023 and troughed at -$15812.4 billion in Q1 2023.
  • A 5-year average of -$930.1 billion and a median of -$7.9 million in 2024 frame the typical range for Research & Development.
  • The widest YoY moves for Research & Development: up 1035.95% in 2023, down 134538545.21% in 2023.
  • Over 5 years, Research & Development stood at -$8.5 million in 2022, then surged by 1035.95% to $79.6 million in 2023, then dropped by 14.32% to $68.2 million in 2024, then declined by 21.18% to $53.8 million in 2025, then sank by 109.08% to -$4.9 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered -$4.9 million, $53.8 million, and -$7.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Vertex Pharmaceuticals 137.11 Bn 129.26 Bn 2.84 Bn 993.80 Mn
2 Regeneron Pharmaceuticals 84.98 Bn 76.99 Bn 3.93 Bn 1.63 Bn
3 Argenx Se 64.52 Bn 59.33 Bn 1.37 Bn 1.37 Bn
4 Moderna 53.23 Bn 48.09 Bn 52.00 Mn 651.00 Mn
5 BeOne Medicines 41.23 Bn 36.14 Bn 1.53 Bn 612.28 Mn
6 Alnylam Pharmaceuticals 30.65 Bn 27.34 Bn 992.69 Mn 413.13 Mn
7 Insmed 27.15 Bn 25.99 Bn 358.27 Mn 210.03 Mn
8 Royalty Pharma 26.98 Bn 26.14 Bn - 97.90 Mn
9 BioNTech SE 26.78 Bn 8.39 Bn 668.28 Mn -588.31 Mn
10 InflaRx 135.25 Mn -49.00 Mn 2.74 Bn -5.51 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.88 Mn
Dec 31, 2025 53.76 Mn
Sep 30, 2025 -7.30 Mn
Jun 30, 2025 -8.15 Mn
Mar 31, 2025 -7.38 Mn
Dec 31, 2024 68.20 Mn
Sep 30, 2024 -12.23 Mn
Jun 30, 2024 -10.79 Mn
Mar 31, 2024 -7.93 Mn
Dec 31, 2023 79.60 Mn
Sep 30, 2023 -7.95 Mn
Jun 30, 2023 -11.89 Mn
Mar 31, 2023 -15,812.37 Bn
Dec 31, 2022 -8.50 Mn
Sep 30, 2022 -7.60 Mn
Jun 30, 2022 11.93 Mn
Mar 31, 2022 -11.75 Mn
Dec 31, 2021 -40,837.37 Bn
Sep 30, 2021 -11.04 Mn
Jun 30, 2021 13.61 Mn