Replimune (REPL) Research & Development (2017 - 2026)
Replimune (REPL) reported Research & Development of $52.3 million for Q1 2026, down 3.06% on a YoY basis from $54.0 million in Q1 2025, and down 1.54% sequentially from $53.1 million in Q4 2025.
Replimune (REPL) Research & Development (2017 - 2026) Analysis & Trends
Replimune (REPL) has 10 years of Research & Development data on file, last reported at $52.3 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 3.06% year-over-year to $52.3 million; the trailing twelve-month figure through Mar 2026 stood at $221.2 million (up 17.4% YoY), and the FY2026 full-year result was $221.2 million, up 16.75% from the prior year.
- Research & Development fell to $52.3 million in Q1 2026, from $53.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $57.9 million in Q3 2025 to a low of $21.7 million in Q1 2022.
- A 5-year average of $43.1 million and a median of $43.0 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 74.61% in 2023 and dropped 11.51% in 2024, its largest moves.
- Tracing REPL's Research & Development over 5 years: stood at $30.3 million in 2022, then surged by 41.59% to $42.8 million in 2023, then gained by 12.04% to $48.0 million in 2024, then climbed by 10.7% to $53.1 million in 2025, then retreated by 1.54% to $52.3 million in 2026.
- Business Quant data shows REPL's Research & Development at $52.3 million in Q1 2026, $53.1 million in Q4 2025, and $57.9 million in 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 | Replimune | 970.73 Mn | 970.73 Mn | - | 52.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 52.32 Mn |
| Dec 31, 2025 | 53.14 Mn |
| Sep 30, 2025 | 57.88 Mn |
| Jun 30, 2025 | 57.84 Mn |
| Mar 31, 2025 | 53.98 Mn |
| Dec 31, 2024 | 48.00 Mn |
| Sep 30, 2024 | 43.45 Mn |
| Jun 30, 2024 | 42.97 Mn |
| Mar 31, 2024 | 42.58 Mn |
| Dec 31, 2023 | 42.85 Mn |
| Sep 30, 2023 | 49.10 Mn |
| Jun 30, 2023 | 40.44 Mn |
| Mar 31, 2023 | 37.95 Mn |
| Dec 31, 2022 | 30.26 Mn |
| Sep 30, 2022 | 28.83 Mn |
| Jun 30, 2022 | 29.48 Mn |
| Mar 31, 2022 | 21.74 Mn |
| Dec 31, 2021 | 19.35 Mn |
| Sep 30, 2021 | 19.90 Mn |
| Jun 30, 2021 | 18.55 Mn |