Sarepta Therapeutics (SRPT) Research & Development (2010 - 2026)

Sarepta Therapeutics' (SRPT) quarterly Research & Development came in at $154.0 million in Q1 2026, down 80.09% year-on-year from $773.4 million in Q1 2025, and down 52.68% quarter-over-quarter from $325.3 million in Q4 2025.

Sarepta Therapeutics (SRPT) Research & Development (2010 - 2026) Analysis & Trends

Sarepta Therapeutics' Research & Development history runs 17 years deep, the most recent figure standing at $154.0 million for Q1 2026.

  • On a quarterly basis, Research & Development fell 80.09% year-over-year to $154.0 million in Q1 2026; TTM through Mar 2026 was $902.6 million, a 34.48% decrease from a year earlier, with the FY2025 full-year figure at $1.5 billion, up 89.19% from the prior year.
  • Research & Development eased to $154.0 million in Q1 2026 per SRPT's latest filing, from $325.3 million in the prior quarter.
  • Across five years, Research & Development topped out at $773.4 million in Q1 2025 and bottomed at $154.0 million in Q1 2026.
  • The 5-year median for Research & Development is $213.8 million (2022), against an average of $249.1 million.
  • Across the five-year window, Research & Development jumped 285.96% in 2025 and plunged 80.09% in 2026, its largest moves.
  • Year by year, Research & Development stood at $213.8 million in 2022, then decreased by 8.55% to $195.5 million in 2023, then rose by 2.27% to $200.0 million in 2024, then jumped by 62.71% to $325.3 million in 2025, then plunged by 52.68% to $154.0 million in 2026.
  • Per Business Quant, the three latest SRPT Research & Development figures stand at $154.0 million (Q1 2026), $325.3 million (Q4 2025), and $218.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -17.94 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 541.22 Mn
4 NuCana 279.75 Bn 279.75 Bn - -2.31 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 15.66 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 1.37 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 343.97 Mn
10 Sarepta Therapeutics 1.69 Bn 1.28 Bn 622.04 Mn 153.96 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 153.96 Mn
Dec 31, 2025 325.34 Mn
Sep 30, 2025 218.89 Mn
Jun 30, 2025 204.39 Mn
Mar 31, 2025 773.45 Mn
Dec 31, 2024 199.95 Mn
Sep 30, 2024 224.48 Mn
Jun 30, 2024 179.69 Mn
Mar 31, 2024 200.40 Mn
Dec 31, 2023 195.52 Mn
Sep 30, 2023 194.30 Mn
Jun 30, 2023 241.89 Mn
Mar 31, 2023 245.68 Mn
Dec 31, 2022 213.80 Mn
Sep 30, 2022 216.71 Mn
Jun 30, 2022 252.33 Mn
Mar 31, 2022 194.25 Mn
Dec 31, 2021 197.30 Mn
Sep 30, 2021 139.12 Mn
Jun 30, 2021 239.62 Mn