SELLAS Life Sciences (SLS) Research & Development (2010 - 2026)
SELLAS Life Sciences' (SLS) quarterly Research & Development came in at $5.1 million in Q1 2026, up 60.03% year-on-year from $3.2 million in Q1 2025, and up 8.44% on a QoQ basis from $4.7 million in Q4 2025.
SELLAS Life Sciences (SLS) Research & Development (2010 - 2026) Analysis & Trends
SELLAS Life Sciences (SLS) has 17 years of Research & Development data on file, last reported at $5.1 million in Q1 2026.
- On a quarterly basis, Research & Development rose 60.03% year-over-year to $5.1 million in Q1 2026; TTM through Mar 2026 was $17.9 million, a 4.4% increase from a year earlier, with the FY2025 full-year figure at $16.0 million, down 16.1% from the prior year.
- Research & Development for Q1 2026 stood at $5.1 million, up from $4.7 million in the prior quarter.
- Over the last five years, Research & Development for SLS reached as high as $7.2 million in Q1 2023 and fell as low as $3.2 million in Q1 2025.
- Historically, Research & Development has averaged $5.0 million across 5 years, with a median of $5.1 million in 2023.
- Across the five-year window, Research & Development soared 72.3% in 2022 and plunged 37.29% in 2025, its largest moves.
- Year by year, Research & Development stood at $5.8 million in 2022, then fell by 12.81% to $5.1 million in 2023, then decreased by 12.95% to $4.4 million in 2024, then advanced by 6.6% to $4.7 million in 2025, then climbed by 8.44% to $5.1 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $5.1 million in Q1 2026, $4.7 million in Q4 2025, and $4.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -17.94 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 1.46 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 541.22 Mn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 961.60 Mn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 1.54 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 15.66 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -443.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 343.97 Mn |
| 10 | SELLAS Life Sciences | 1.96 Bn | 1.96 Bn | - | 5.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.13 Mn |
| Dec 31, 2025 | 4.73 Mn |
| Sep 30, 2025 | 4.22 Mn |
| Jun 30, 2025 | 3.87 Mn |
| Mar 31, 2025 | 3.21 Mn |
| Dec 31, 2024 | 4.44 Mn |
| Sep 30, 2024 | 4.36 Mn |
| Jun 30, 2024 | 5.19 Mn |
| Mar 31, 2024 | 5.11 Mn |
| Dec 31, 2023 | 5.10 Mn |
| Sep 30, 2023 | 5.81 Mn |
| Jun 30, 2023 | 5.92 Mn |
| Mar 31, 2023 | 7.17 Mn |
| Dec 31, 2022 | 5.85 Mn |
| Sep 30, 2022 | 4.28 Mn |
| Jun 30, 2022 | 5.53 Mn |
| Mar 31, 2022 | 4.61 Mn |
| Dec 31, 2021 | 3.39 Mn |
| Sep 30, 2021 | 4.54 Mn |
| Jun 30, 2021 | 3.46 Mn |