Sarepta Therapeutics (SRPT) Research & Development (2010 - 2026)
Sarepta Therapeutics (SRPT) recorded quarterly Research & Development of $154.0 million in Q1 2026, down 52.68% quarter-over-quarter from $325.3 million in Q4 2025, and down 80.09% on a YoY basis from $773.4 million in Q1 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.
- In Q1 2026, Research & Development fell 80.09% year-over-year to $154.0 million; the TTM figure through Mar 2026 stood at $902.6 million (down 34.48% YoY), while the FY2025 annual figure was $1.5 billion, up 89.19% from the prior year.
- Research & Development was $154.0 million for Q1 2026 at Sarepta Therapeutics, down from $325.3 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $773.4 million in Q1 2025 to a low of $154.0 million in Q1 2026.
- Historically, Research & Development has averaged $249.1 million across 5 years, with a median of $213.8 million in 2022.
- The sharpest annual moves came in 2025 and 2026: Research & Development surged 285.96% in 2025, then plunged 80.09% in 2026.
- A 5-year view of Research & Development shows it 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 slumped by 52.68% to $154.0 million in 2026.
- The last three Research & Development figures came in at $154.0 million (Q1 2026), $325.3 million (Q4 2025), and $218.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.32 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 15.66 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 626,092.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -101.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -2.30 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 1.46 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 357,444.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 961.60 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -58.00 Mn |
| 10 | Sarepta Therapeutics | 1.84 Bn | 1.16 Bn | 291.52 Mn | 153.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |