InflaRx IFRX
NASDAQ IFRX
$2.05 -0.04 (-1.91%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

InflaRx's (IFRX) quarterly Research & Development came in at -$5.5 million in Q2 2026, up 32.44% year-over-year from -$4.2 million in Q2 2025, and down 12.82% quarter-over-quarter from -$4.9 million in Q1 2026.

Analysis

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

InflaRx has disclosed Research & Development across 11 years of filings, most recently posting -$5.5 million for Q2 2026.

  • In Q2 2026, Research & Development rose 32.44% year-over-year to -$5.5 million; the TTM figure through Jun 2026 stood at -$23.8 million (up 63.68% YoY), while the FY2025 annual figure was -$29.1 million, up 23.1% from the prior year.
  • Research & Development came in at -$5.5 million for Q2 2026 at InflaRx, down from -$4.9 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $11.9 million in Q2 2022 to a low of -$44.1 million in Q4 2023.
  • Average Research & Development over 5 years is -$13.0 million, with a median of -$8.1 million recorded in 2023.
  • Year-over-year, Research & Development tumbled 199.66% in 2023 and soared 83.8% in 2025.
  • Over 5 years, Research & Development stood at -$38.3 million in 2022, then declined by 15.29% to -$44.1 million in 2023, then increased by 14.39% to -$37.8 million in 2024, then soared by 83.8% to -$6.1 million in 2025, then rose by 10.04% to -$5.5 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were -$5.5 million in Q2 2026, -$4.9 million in Q1 2026, and -$6.1 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Amgen 206.44 Bn 192.45 Bn 7.24 Bn 1.87 Bn
2 Gilead Sciences 179.97 Bn 176.79 Bn 6.22 Bn 1.76 Bn
3 Vertex Pharmaceuticals 130.57 Bn 122.72 Bn 2.84 Bn 993.80 Mn
4 Regeneron Pharmaceuticals 81.63 Bn 73.63 Bn 3.93 Bn 1.63 Bn
5 Argenx Se 60.34 Bn 55.16 Bn 1.37 Bn -486.00 Mn
6 Moderna 54.37 Bn 49.23 Bn 52.00 Mn 651.00 Mn
7 Alnylam Pharmaceuticals 33.07 Bn 29.76 Bn 992.69 Mn 413.13 Mn
8 Biogen 31.84 Bn 30.55 Bn 1.96 Bn 529.60 Mn
9 Roivant Sciences 29.49 Bn 29.49 Bn 1.16 Mn 202.02 Mn
10 InflaRx 139.29 Mn -44.96 Mn 2.74 Mn -5.51 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -5.51 Mn
Mar 31, 2026 -4.88 Mn
Dec 31, 2025 -6.12 Mn
Sep 30, 2025 -7.30 Mn
Jun 30, 2025 -8.15 Mn
Mar 31, 2025 -7.38 Mn
Dec 31, 2024 -37.79 Mn
Sep 30, 2024 -12.23 Mn
Jun 30, 2024 -10.79 Mn
Mar 31, 2024 -7.93 Mn
Dec 31, 2023 -44.14 Mn
Sep 30, 2023 -7.95 Mn
Jun 30, 2023 -11.89 Mn
Mar 31, 2023 -15.81 Mn
Dec 31, 2022 -38.29 Mn
Sep 30, 2022 -7.60 Mn
Jun 30, 2022 11.93 Mn
Mar 31, 2022 -11.75 Mn
Dec 31, 2021 -40.84 Mn
Sep 30, 2021 -11.04 Mn