Revolution Medicines (RVMD) Research & Development (2019 - 2026)
Revolution Medicines' quarterly Research & Development came in at $344.0 million in Q1 2026, up 67.18% year-on-year from $205.7 million in Q1 2025, and up 16.62% quarter-over-quarter from $294.9 million in Q4 2025.
Revolution Medicines has reported Research & Development for 8 years, with the latest figure at $344.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 67.18% year-over-year to $344.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (up 65.39% YoY), and the FY2025 full-year result was $987.3 million, up 66.72% from the prior year.
- Research & Development for Q1 2026 stood at $344.0 million, up from $294.9 million in the prior quarter.
- The five-year high for Research & Development was $344.0 million in Q1 2026, with the low at $56.5 million in Q1 2022.
- Average Research & Development over 5 years is $153.0 million, with a median of $134.9 million recorded in 2024.
- Peak annual rise in Research & Development reached 124.54% in 2023, while the deepest fall reached 22.05% in 2023.
- Tracing RVMD's Research & Development over 5 years: stood at $66.1 million in 2022, then surged by 124.54% to $148.5 million in 2023, then climbed by 26.68% to $188.1 million in 2024, then jumped by 56.8% to $294.9 million in 2025, then increased by 16.62% to $344.0 million in 2026.
- The last three Research & Development figures came in at $344.0 million (Q1 2026), $294.9 million (Q4 2025), and $262.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Quantum Biopharma | 961,148.99 Bn | 961,148.98 Bn | - | 626,092.00 |
| 2 | Alterity Therapeutics | 744,933.29 Bn | 744,933.26 Bn | - | 4.32 Mn |
| 3 | Legend Biotech | 2,540.00 Bn | 2,539.71 Bn | 242.10 Mn | -101.30 Mn |
| 4 | Nanobiotix | 2,199.85 Bn | 2,199.78 Bn | - | - |
| 5 | Akari Therapeutics | 1,635.88 Bn | 1,635.88 Bn | - | 1.46 Mn |
| 6 | Vertex Pharmaceuticals | 111.32 Bn | 104.07 Bn | 2.59 Bn | 961.60 Mn |
| 7 | Evaxion A | 62.56 Bn | 62.54 Bn | - | -2.30 Mn |
| 8 | Regeneron Pharmaceuticals | 62.55 Bn | 53.79 Bn | 3.31 Bn | 1.54 Bn |
| 9 | Alnylam Pharmaceuticals | 39.57 Bn | 36.56 Bn | 959.66 Mn | 364.87 Mn |
| 10 | Revolution Medicines | 32.39 Bn | 32.39 Bn | - | 343.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 343.97 Mn |
| Dec 31, 2025 | 294.94 Mn |
| Sep 30, 2025 | 262.51 Mn |
| Jun 30, 2025 | 224.13 Mn |
| Mar 31, 2025 | 205.75 Mn |
| Dec 31, 2024 | 188.10 Mn |
| Sep 30, 2024 | 151.75 Mn |
| Jun 30, 2024 | 134.93 Mn |
| Mar 31, 2024 | 118.02 Mn |
| Dec 31, 2023 | 148.48 Mn |
| Sep 30, 2023 | 107.74 Mn |
| Jun 30, 2023 | 97.98 Mn |
| Mar 31, 2023 | 68.95 Mn |
| Dec 31, 2022 | 66.13 Mn |
| Sep 30, 2022 | 69.46 Mn |
| Jun 30, 2022 | 61.00 Mn |
| Mar 31, 2022 | 56.49 Mn |
| Dec 31, 2021 | 53.68 Mn |
| Sep 30, 2021 | 46.47 Mn |
| Jun 30, 2021 | 45.94 Mn |
| Mar 31, 2021 | 40.86 Mn |
| Dec 31, 2020 | 37.01 Mn |
| Sep 30, 2020 | 34.87 Mn |
| Jun 30, 2020 | 32.92 Mn |
| Mar 31, 2020 | 27.46 Mn |
| Dec 31, 2019 | 27.49 Mn |
| Sep 30, 2019 | 22.96 Mn |
| Jun 30, 2019 | 20.12 Mn |
| Mar 31, 2019 | 21.19 Mn |