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
DateValue
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