Theravance Biopharma (TBPH) Research & Development (2013 - 2026)
Theravance Biopharma's (TBPH) quarterly Research & Development came in at $5.8 million in Q1 2026, down 49.1% year-on-year from $11.5 million in Q1 2025, and down 20.8% on a QoQ basis from $7.4 million in Q4 2025.
Theravance Biopharma (TBPH) Research & Development (2013 - 2026) Analysis & Trends
Theravance Biopharma (TBPH) has 14 years of Research & Development data on file, last reported at $5.8 million in Q1 2026.
- On a quarterly basis, Research & Development fell 49.1% year-over-year to $5.8 million in Q1 2026; TTM through Mar 2026 was $31.8 million, a 20.77% decrease from a year earlier, with the FY2025 full-year figure at $37.4 million, down 0.61% from the prior year.
- Research & Development for Q1 2026 stood at $5.8 million, down from $7.4 million in the prior quarter.
- Over the last five years, Research & Development for TBPH reached as high as $23.3 million in Q1 2022 and fell as low as $5.8 million in Q1 2026.
- Historically, Research & Development has averaged $10.9 million across 5 years, with a median of $9.5 million in 2024.
- Across the five-year window, Research & Development sank 77.44% in 2022 and increased 27.7% in 2025, its largest moves.
- Year by year, Research & Development stood at $15.3 million in 2022, then sank by 45.84% to $8.3 million in 2023, then grew by 13.71% to $9.5 million in 2024, then dropped by 22.14% to $7.4 million in 2025, then declined by 20.8% to $5.8 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $5.8 million in Q1 2026, $7.4 million in Q4 2025, and $8.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -17.94 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 1.46 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 541.22 Mn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 961.60 Mn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 1.54 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 15.66 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -443.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 343.97 Mn |
| 10 | Theravance Biopharma | 864.82 Mn | 470.15 Mn | - | 5.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 51.09 Mn |