Growth Metrics

Northwest Biotherapeutics (NWBO) Research & Development (2016 - 2025)

Northwest Biotherapeutics' Research & Development history spans 16 years, with the latest figure at $5.6 million for Q4 2025.

  • Quarterly results put Research & Development at $5.6 million for Q4 2025, down 47.22% from a year ago — trailing twelve months through Dec 2025 was $28.8 million (down 17.49% YoY), and the annual figure for FY2025 was $28.8 million, down 17.49%.
  • Research & Development for Q4 2025 was $5.6 million at Northwest Biotherapeutics, down from $7.4 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $13.6 million in Q2 2022 to a low of $3.7 million in Q3 2021.
  • The 5-year median for Research & Development is $7.4 million (2025), against an average of $7.4 million.
  • The sharpest move saw Research & Development tumbled 78.78% in 2021, then surged 150.32% in 2022.
  • Year by year, Research & Development stood at $4.2 million in 2021, then skyrocketed by 123.41% to $9.4 million in 2022, then decreased by 20.3% to $7.5 million in 2023, then surged by 41.17% to $10.5 million in 2024, then tumbled by 47.22% to $5.6 million in 2025.
  • According to Business Quant data, Research & Development over the past three periods came in at $5.6 million, $7.4 million, and $7.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.