Immunovant (IMVT) Research & Development (2018 - 2026)
Immunovant (IMVT) reported Research & Development of $142.3 million for Q1 2026, up 51.93% on a YoY basis from $93.7 million in Q1 2025, and up 43.83% quarter-over-quarter from $98.9 million in Q4 2025.
Immunovant (IMVT) Research & Development (2018 - 2026) Analysis & Trends
Immunovant has reported Research & Development for 9 years, with the latest figure at $142.3 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 51.93% year-over-year to $142.3 million; the trailing twelve-month figure through Mar 2026 stood at $456.7 million (up 26.53% YoY), and the FY2026 full-year result was $456.7 million, up 26.53% from the prior year.
- Research & Development for Q1 2026 stood at $142.3 million, up from $98.9 million in the prior quarter.
- The five-year high for Research & Development was $142.3 million in Q1 2026, with the low at $28.4 million in Q2 2022.
- Historically, Research & Development has averaged $71.9 million across 5 years, with a median of $66.1 million in 2024.
- Annual changes were most pronounced in 2024 — Research & Development soared 102.82% — and 2025, when it increased 4.66%.
- Immunovant's Research & Development stood at $42.3 million in 2022, then increased by 14.4% to $48.3 million in 2023, then soared by 95.54% to $94.5 million in 2024, then gained by 4.66% to $98.9 million in 2025, then jumped by 43.83% to $142.3 million in 2026.
- The last three Research & Development figures came in at $142.3 million (Q1 2026), $98.9 million (Q4 2025), and $114.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 762,369.55 Bn | 762,369.51 Bn | - | 4.32 Mn |
| 2 | Belite Bio | 55,096.00 Bn | 55,096.00 Bn | - | 15.66 Mn |
| 3 | Quantum Biopharma | 17,755.80 Bn | 17,755.79 Bn | - | 626,092.00 |
| 4 | Legend Biotech | 3,486.00 Bn | 3,485.71 Bn | 242.10 Mn | -101.30 Mn |
| 5 | Akari Therapeutics | 1,737.42 Bn | 1,737.41 Bn | - | 1.46 Mn |
| 6 | Evaxion A | 1,551.28 Bn | 1,551.26 Bn | - | -2.30 Mn |
| 7 | Psyence Biomedical | 227.32 Bn | 227.31 Bn | - | 357,444.00 |
| 8 | Vertex Pharmaceuticals | 110.84 Bn | 103.59 Bn | 2.59 Bn | 961.60 Mn |
| 9 | Abivax | 91.71 Bn | 91.71 Bn | - | -58.00 Mn |
| 10 | Immunovant | 5.71 Bn | 5.71 Bn | - | 142.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 142.29 Mn |
| Dec 31, 2025 | 98.92 Mn |
| Sep 30, 2025 | 114.25 Mn |
| Jun 30, 2025 | 101.20 Mn |
| Mar 31, 2025 | 93.65 Mn |
| Dec 31, 2024 | 94.52 Mn |
| Sep 30, 2024 | 97.27 Mn |
| Jun 30, 2024 | 75.47 Mn |
| Mar 31, 2024 | 66.06 Mn |
| Dec 31, 2023 | 48.34 Mn |
| Sep 30, 2023 | 47.96 Mn |
| Jun 30, 2023 | 50.58 Mn |
| Mar 31, 2023 | 51.84 Mn |
| Dec 31, 2022 | 42.25 Mn |
| Sep 30, 2022 | 37.74 Mn |
| Jun 30, 2022 | 28.43 Mn |
| Mar 31, 2022 | 31.99 Mn |
| Dec 31, 2021 | 29.76 Mn |
| Sep 30, 2021 | 21.36 Mn |
| Jun 30, 2021 | 18.71 Mn |