Immuneering (IMRX) Research & Development (2020 - 2026)
Immuneering's (IMRX) quarterly Research & Development came in at $10.6 million in Q1 2026, down 7.2% year-on-year from $11.5 million in Q1 2025, and up 15.03% quarter-over-quarter from $9.3 million in Q4 2025.
Immuneering (IMRX) Research & Development (2020 - 2026) Analysis & Trends
Immuneering's Research & Development history runs 7 years deep, the most recent figure standing at $10.6 million for Q1 2026.
- On a quarterly basis, Research & Development fell 7.2% year-over-year to $10.6 million in Q1 2026; TTM through Mar 2026 was $41.2 million, a 14.54% decrease from a year earlier, with the FY2025 full-year figure at $42.0 million, down 12.33% from the prior year.
- Research & Development advanced to $10.6 million in Q1 2026 per IMRX's latest filing, from $9.3 million in the prior quarter.
- Across five years, Research & Development topped out at $14.9 million in Q4 2024 and bottomed at $8.0 million in Q2 2022.
- The 5-year median for Research & Development is $10.5 million (2025), against an average of $10.5 million.
- Across the five-year window, Research & Development jumped 68.03% in 2022 and tumbled 37.71% in 2025, its largest moves.
- Year by year, Research & Development stood at $9.9 million in 2022, then rose by 20.65% to $11.9 million in 2023, then gained by 24.74% to $14.9 million in 2024, then tumbled by 37.71% to $9.3 million in 2025, then grew by 15.03% to $10.6 million in 2026.
- Per Business Quant, the three latest IMRX Research & Development figures stand at $10.6 million (Q1 2026), $9.3 million (Q4 2025), and $10.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -17.94 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 541.22 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -2.31 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 961.60 Mn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 1.54 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 15.66 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 1.37 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 343.97 Mn |
| 10 | Immuneering | 283.85 Mn | 283.85 Mn | - | 10.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.65 Mn |
| Dec 31, 2025 | 9.25 Mn |
| Sep 30, 2025 | 10.87 Mn |
| Jun 30, 2025 | 10.45 Mn |
| Mar 31, 2025 | 11.47 Mn |
| Dec 31, 2024 | 14.86 Mn |
| Sep 30, 2024 | 11.25 Mn |
| Jun 30, 2024 | 10.65 Mn |
| Mar 31, 2024 | 11.20 Mn |
| Dec 31, 2023 | 11.91 Mn |
| Sep 30, 2023 | 10.05 Mn |
| Jun 30, 2023 | 9.45 Mn |
| Mar 31, 2023 | 10.21 Mn |
| Dec 31, 2022 | 9.87 Mn |
| Sep 30, 2022 | 9.36 Mn |
| Jun 30, 2022 | 7.98 Mn |
| Mar 31, 2022 | 9.06 Mn |
| Dec 31, 2021 | 7.95 Mn |
| Sep 30, 2021 | 6.21 Mn |
| Jun 30, 2021 | 6.99 Mn |