Roivant Sciences (ROIV) Research & Development (2020 - 2025)

Roivant Sciences (ROIV) posted Research & Development of $482.9 million for Q4 2025, up 193.41% on a QoQ basis from $164.6 million in Q3 2025, and up 19.17% year-over-year from $405.2 million in Q4 2024.

Roivant Sciences (ROIV) Research & Development (2020 - 2025) Analysis & Trends

Roivant Sciences' Research & Development history runs 6 years deep, the most recent figure standing at $482.9 million for Q4 2025.

  • Quarterly Research & Development rose 19.17% year-over-year to $482.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $1.2 billion (up 20.42% YoY) and the FY2026 annual result came in at $681.8 million, up 23.87% from the prior year.
  • Research & Development was $482.9 million for Q4 2025 at Roivant Sciences, up from $164.6 million in the prior quarter.
  • Across five years, Research & Development topped out at $482.9 million in Q4 2025 and bottomed at $78.5 million in Q2 2021.
  • A 5-year average of $217.4 million and a median of $143.1 million in 2024 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2022 — Research & Development surged 73.0% — and 2023, when it declined 15.51%.
  • Roivant Sciences' Research & Development stood at $348.0 million in 2021, then increased by 13.05% to $393.4 million in 2022, then decreased by 15.51% to $332.4 million in 2023, then increased by 21.91% to $405.2 million in 2024, then advanced by 19.17% to $482.9 million in 2025.
  • Business Quant data shows ROIV's Research & Development at $482.9 million in Q4 2025, $164.6 million in Q3 2025, and $152.9 million in Q2 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 Roivant Sciences 24.35 Bn 25.12 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 482.87 Mn
Sep 30, 2025 164.57 Mn
Jun 30, 2025 152.92 Mn
Dec 31, 2024 405.18 Mn
Sep 30, 2024 143.07 Mn
Jun 30, 2024 120.51 Mn
Dec 31, 2023 332.35 Mn
Sep 30, 2023 114.79 Mn
Jun 30, 2023 125.13 Mn
Dec 31, 2022 393.36 Mn
Sep 30, 2022 132.00 Mn
Jun 30, 2022 135.83 Mn
Dec 31, 2021 347.96 Mn
Sep 30, 2021 132.10 Mn
Jun 30, 2021 78.52 Mn
Dec 31, 2020 202.26 Mn
Sep 30, 2020 97.41 Mn
Jun 30, 2020 58.73 Mn