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
DateValue
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