Invivyd (IVVD) Research & Development (2021 - 2025)

Invivyd has reported Research & Development for 5 years, with the latest figure at $10.0 million in Q4 2025.

• For the quarter ending Q4 2025, Research & Development fell 43.9% year-over-year to $10.0 million; the trailing twelve-month figure through Dec 2025 stood at $38.3 million (down 72.09% YoY), and the FY2025 full-year result was $38.3 million, down 72.09% from the prior year.
• Research & Development for Q4 2025 stood at $10.0 million, up from $8.0 million in the prior quarter.
• The five-year high for Research & Development was $92.0 million in Q1 2022, with the low at $8.0 million in Q3 2025.
• Historically, Research & Development has averaged $34.8 million across 5 years, with a median of $30.7 million in 2024.
• Annual changes were most pronounced in 2023 — Research & Development surged 212.59% — and 2025, when it plunged 86.09%.
• Invivyd's Research & Development stood at $68.4 million in 2021, then sank by 70.89% to $19.9 million in 2022, then surged by 212.59% to $62.3 million in 2023, then sank by 71.24% to $17.9 million in 2024, then slumped by 43.9% to $10.0 million in 2025.
• The last three Research & Development figures came in at $10.0 million (Q4 2025), $8.0 million (Q3 2025), and $9.6 million (Q2 2025), per Business Quant data.