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
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