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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |