Theravance Biopharma (TBPH) Research & Development (2013 - 2026)
Theravance Biopharma's Research & Development came in at $4.71 million for Q2 2026, down 55.1% from $10.49 million a year earlier and down 19.2% from the prior quarter.
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Analysis
Theravance Biopharma (TBPH) Research & Development (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Theravance Biopharma reported Research & Development of $26.01 million, down 36.0% year-over-year; for FY2025, it was $37.41 million, down 0.6% from FY2024.
- Research & Development has declined in each of the last five years, with a five-year compound annual growth rate of -32.2% (FY2020 to FY2025).
- Going back by year, Research & Development was $37.64 million in FY2024 (-7.3%), $40.62 million in FY2023 (-35.9%), $63.39 million in FY2022 (-67.3%) and $193.66 million in FY2021 (-25.8%).
- The Q2 2026 figure represents the lowest quarterly Research & Development in data going back to Q1 2013.
- Year-over-year, Research & Development has declined for four consecutive quarters, with an average decline of 10.1% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q1 2025 (growth of 27.7%), and the weakest in Q3 2022 (a decline of 77.4%).
- Business Quant data shows TBPH's Research & Development at $5.83 million (Q1 2026), $7.36 million (Q4 2025) and $8.11 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 3.65 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 2.34 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 9.74 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -2.85 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -4.05 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 1.87 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 1.76 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 2.81 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 993.80 Mn |
| 10 | Theravance Biopharma | 883.70 Mn | -543.66 Mn | - | 4.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.71 Mn |
| Mar 31, 2026 | 5.83 Mn |
| Dec 31, 2025 | 7.36 Mn |
| Sep 30, 2025 | 8.11 Mn |
| Jun 30, 2025 | 10.49 Mn |
| Mar 31, 2025 | 11.45 Mn |
| Dec 31, 2024 | 9.45 Mn |
| Sep 30, 2024 | 9.27 Mn |
| Jun 30, 2024 | 9.95 Mn |
| Mar 31, 2024 | 8.97 Mn |
| Dec 31, 2023 | 8.31 Mn |
| Sep 30, 2023 | 8.31 Mn |
| Jun 30, 2023 | 9.43 Mn |
| Mar 31, 2023 | 14.57 Mn |
| Dec 31, 2022 | 15.35 Mn |
| Sep 30, 2022 | 9.87 Mn |
| Jun 30, 2022 | 14.92 Mn |
| Mar 31, 2022 | 23.25 Mn |
| Dec 31, 2021 | 31.23 Mn |
| Sep 30, 2021 | 43.74 Mn |
API Access
Theravance Biopharma Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=TBPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TBPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=TBPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();