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
DateValue
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