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
DateValue
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