Roivant Sciences (ROIV) Research & Development (2020 - 2025)
Roivant Sciences (ROIV) reported Research & Development of $165.4 million for Q4 2025, up 16.8% on a YoY basis from $141.6 million in Q4 2024, and little changed quarter-over-quarter from $164.6 million in Q3 2025.
Roivant Sciences (ROIV) Research & Development (2020 - 2025) Analysis & Trends
Roivant Sciences has reported Research & Development for 6 years, with the latest figure at $165.4 million in Q4 2025.
- For the quarter ending Q4 2025, Research & Development rose 16.8% year-over-year to $165.4 million; the trailing twelve-month figure through Dec 2025 stood at $624.5 million (up 21.65% YoY), and the FY2026 full-year result was $681.8 million, up 23.87% from the prior year.
- Research & Development for Q4 2025 stood at $165.4 million, roughly flat from $164.6 million in the prior quarter.
- The five-year high for Research & Development was $165.4 million in Q4 2025, with the low at $78.5 million in Q2 2021.
- Historically, Research & Development has averaged $131.8 million across 5 years, with a median of $132.1 million in 2021.
- Annual changes were most pronounced in 2021 — Research & Development tumbled 32.1% — and 2022, when it surged 73.0%.
- Roivant Sciences' Research & Development stood at $137.3 million in 2021, then declined by 8.6% to $125.5 million in 2022, then decreased by 13.85% to $108.1 million in 2023, then jumped by 30.93% to $141.6 million in 2024, then advanced by 16.8% to $165.4 million in 2025.
- The last three Research & Development figures came in at $165.4 million (Q4 2025), $164.6 million (Q3 2025), and $152.9 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.32 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 15.66 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 626,092.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -101.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -2.30 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 1.46 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 357,444.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 961.60 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -58.00 Mn |
| 10 | Roivant Sciences | 21.82 Bn | 22.59 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 165.38 Mn |
| Sep 30, 2025 | 164.57 Mn |
| Jun 30, 2025 | 152.92 Mn |
| Dec 31, 2024 | 141.60 Mn |
| Sep 30, 2024 | 143.07 Mn |
| Jun 30, 2024 | 120.51 Mn |
| Dec 31, 2023 | 108.15 Mn |
| Sep 30, 2023 | 114.79 Mn |
| Jun 30, 2023 | 125.13 Mn |
| Dec 31, 2022 | 125.53 Mn |
| Sep 30, 2022 | 132.00 Mn |
| Jun 30, 2022 | 135.83 Mn |
| Dec 31, 2021 | 137.35 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 |