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| Date | Value |
|---|---|
| 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 |