SELLAS Life Sciences (SLS) Research & Development (2010 - 2026)

SELLAS Life Sciences (SLS) reported Research & Development of $5.1 million for Q1 2026, up 60.03% year-over-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) has 17 years of Research & Development data on file, last reported at $5.1 million in Q1 2026.

  • Quarterly Research & Development rose 60.03% year-over-year to $5.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $17.9 million (up 4.4% YoY) and the FY2025 annual result came in at $16.0 million, down 16.1% from the prior year.
  • Research & Development grew to $5.1 million in Q1 2026 per SLS's latest filing, from $4.7 million in the prior quarter.
  • Across five years, Research & Development topped out at $7.2 million in Q1 2023 and bottomed at $3.2 million in Q1 2025.
  • The 5-year median for Research & Development is $5.1 million (2023), against an average of $5.0 million.
  • The widest annual swing landed in 2022, when Research & Development soared 72.3%; it then plunged 37.29% in 2025.
  • Tracing SLS's Research & Development over 5 years: stood at $5.8 million in 2022, then retreated by 12.81% to $5.1 million in 2023, then slipped by 12.95% to $4.4 million in 2024, then climbed by 6.6% to $4.7 million in 2025, then grew by 8.44% to $5.1 million in 2026.
  • Per Business Quant, the three latest SLS Research & Development figures stand at $5.1 million (Q1 2026), $4.7 million (Q4 2025), and $4.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Quantum Biopharma 1,216,509.61 Bn 1,216,509.61 Bn - 626,092.00
2 Alterity Therapeutics 764,224.41 Bn 764,224.38 Bn - 4.32 Mn
3 Legend Biotech 2,716.00 Bn 2,715.71 Bn 242.10 Mn -101.30 Mn
4 Nanobiotix 2,248.83 Bn 2,248.77 Bn - -
5 Akari Therapeutics 1,951.18 Bn 1,951.17 Bn - 1.46 Mn
6 Vertex Pharmaceuticals 113.69 Bn 106.44 Bn 2.59 Bn 961.60 Mn
7 Evaxion A 64.16 Bn 64.14 Bn - -2.30 Mn
8 Regeneron Pharmaceuticals 63.94 Bn 55.18 Bn 3.31 Bn 1.54 Bn
9 Alnylam Pharmaceuticals 40.13 Bn 37.12 Bn 959.66 Mn 364.87 Mn
10 SELLAS Life Sciences 1.61 Bn 1.61 Bn - 5.13 Mn

Historic Data

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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
Mar 31, 2021 4.28 Mn
Dec 31, 2020 2.77 Mn
Sep 30, 2020 2.37 Mn
Jun 30, 2020 2.28 Mn
Mar 31, 2020 1.86 Mn
Dec 31, 2019 2.25 Mn
Sep 30, 2019 1.80 Mn
Jun 30, 2019 1.38 Mn
Mar 31, 2019 1.86 Mn
Dec 31, 2018 3.65 Mn
Sep 30, 2018 1.72 Mn
Jun 30, 2018 1.59 Mn
Mar 31, 2018 1.80 Mn
Dec 31, 2017 988,000.00
Sep 30, 2017 1.07 Mn
Jun 30, 2017 1.83 Mn
Mar 31, 2017 2.18 Mn
Dec 31, 2016 -3.85 Mn
Sep 30, 2016 3.62 Mn
Jun 30, 2016 6.18 Mn
Mar 31, 2016 5.44 Mn
Dec 31, 2015 4.85 Mn
Sep 30, 2015 5.74 Mn
Jun 30, 2015 7.20 Mn
Mar 31, 2015 5.83 Mn
Dec 31, 2014 6.21 Mn
Sep 30, 2014 7.03 Mn
Jun 30, 2014 8.07 Mn
Mar 31, 2014 6.77 Mn
Dec 31, 2013 6.43 Mn
Sep 30, 2013 3.63 Mn
Jun 30, 2013 5.28 Mn
Mar 31, 2013 5.08 Mn
Dec 31, 2012 4.45 Mn
Sep 30, 2012 4.17 Mn
Jun 30, 2012 3.67 Mn
Mar 31, 2012 2.66 Mn
Dec 31, 2011 2.05 Mn
Sep 30, 2011 1.37 Mn
Jun 30, 2011 329,000.00
Mar 31, 2011 2.16 Mn
Dec 31, 2010 1.75 Mn
Sep 30, 2010 1.94 Mn
Jun 30, 2010 2.26 Mn