Ovid Therapeutics (OVID) Research & Development (2016 - 2026)
Ovid Therapeutics' (OVID) quarterly Research & Development came in at $10.0 million in Q2 2026, up 54.01% on a YoY basis from $6.5 million in Q2 2025, and down 10.95% quarter-over-quarter from $11.2 million in Q1 2026.
Analysis
Ovid Therapeutics (OVID) Research & Development (2016 - 2026) Analysis & Trends
Ovid Therapeutics (OVID) has reported Research & Development for 11 consecutive years, with $10.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 54.01% year-over-year to $10.0 million; the trailing twelve-month figure through Jun 2026 stood at $33.6 million (up 24.89% YoY), and the FY2025 full-year result was $25.6 million, down 30.42% from the prior year.
- Research & Development declined to $10.0 million in Q2 2026 per OVID's latest filing, from $11.2 million in the prior quarter.
- Across five years, Research & Development topped out at $12.6 million in Q2 2024 and bottomed at $5.2 million in Q3 2022.
- Historically, Research & Development has averaged $7.6 million across 5 years, with a median of $6.6 million in 2023.
- The sharpest annual moves came in 2022 and 2024: Research & Development sank 54.83% in 2022, then soared 109.73% in 2024.
- Over 5 years, Research & Development stood at $5.6 million in 2022, then surged by 91.53% to $10.6 million in 2023, then sank by 44.34% to $5.9 million in 2024, then advanced by 11.24% to $6.6 million in 2025, then soared by 51.12% to $10.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $10.0 million, $11.2 million, and $6.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 663.08 Bn | 642.33 Bn | 17.26 Bn | 3.65 Bn |
| 2 | AbbVie | 453.04 Bn | 446.51 Bn | 12.70 Bn | 2.34 Bn |
| 3 | Merck | 370.87 Bn | 363.78 Bn | 12.21 Bn | 9.74 Bn |
| 4 | Novartis Ag | 305.29 Bn | 298.00 Bn | 11.24 Bn | -2.85 Bn |
| 5 | Pfizer | 162.10 Bn | 150.70 Bn | 10.94 Bn | 2.81 Bn |
| 6 | Sanofi | 53.95 Bn | 46.98 Bn | 10.79 Bn | -2.60 Bn |
| 7 | Revolution Medicines | 45.00 Bn | 45.00 Bn | - | 394.92 Mn |
| 8 | BeOne Medicines | 40.49 Bn | 35.39 Bn | 1.53 Bn | 612.28 Mn |
| 9 | Incyte | 25.47 Bn | 20.94 Bn | 1.57 Bn | 516.95 Mn |
| 10 | Ovid Therapeutics | 517.32 Mn | 400.10 Mn | - | 9.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.96 Mn |
| Mar 31, 2026 | 11.18 Mn |
| Dec 31, 2025 | 6.59 Mn |
| Sep 30, 2025 | 5.87 Mn |
| Jun 30, 2025 | 6.47 Mn |
| Mar 31, 2025 | 6.66 Mn |
| Dec 31, 2024 | 5.92 Mn |
| Sep 30, 2024 | 7.86 Mn |
| Jun 30, 2024 | 12.58 Mn |
| Mar 31, 2024 | 10.40 Mn |
| Dec 31, 2023 | 10.64 Mn |
| Sep 30, 2023 | 5.33 Mn |
| Jun 30, 2023 | 6.00 Mn |
| Mar 31, 2023 | 6.62 Mn |
| Dec 31, 2022 | 5.56 Mn |
| Sep 30, 2022 | 5.18 Mn |
| Jun 30, 2022 | 6.05 Mn |
| Mar 31, 2022 | 7.83 Mn |
| Dec 31, 2021 | 12.30 Mn |
| Sep 30, 2021 | 4.92 Mn |