Trevi Therapeutics (TRVI) Research & Development (2018 - 2025)
Trevi Therapeutics' (TRVI) quarterly Research & Development came in at $6.2 million in Q4 2025, down 33.61% year-on-year from $9.3 million in Q4 2024, and down 38.59% quarter-over-quarter from $10.1 million in Q3 2025.
Trevi Therapeutics (TRVI) Research & Development (2018 - 2025) Analysis & Trends
Trevi Therapeutics' Research & Development history runs 8 years deep, the most recent figure standing at $6.2 million for Q4 2025.
- On a quarterly basis, Research & Development fell 33.61% year-over-year to $6.2 million in Q4 2025; TTM through Dec 2025 was $35.0 million, a 11.13% decrease from a year earlier, with the FY2025 full-year figure at $33.5 million, down 14.98% from the prior year.
- Research & Development retreated to $6.2 million in Q4 2025 per TRVI's latest filing, from $10.1 million in the prior quarter.
- Across five years, Research & Development topped out at $11.2 million in Q3 2024 and bottomed at $4.3 million in Q4 2022.
- The 5-year median for Research & Development is $6.2 million (2025), against an average of $6.9 million.
- Across the five-year window, Research & Development surged 77.51% in 2024 and sank 33.61% in 2025, its largest moves.
- Year by year, Research & Development stood at $6.2 million in 2021, then slumped by 30.13% to $4.3 million in 2022, then soared by 50.98% to $6.5 million in 2023, then soared by 43.11% to $9.3 million in 2024, then plunged by 33.61% to $6.2 million in 2025.
- Per Business Quant, the three latest TRVI Research & Development figures stand at $6.2 million (Q4 2025), $10.1 million (Q3 2025), and $9.4 million (Q2 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 | Trevi Therapeutics | 2.54 Bn | 2.54 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 6.19 Mn |
| Sep 30, 2025 | 10.09 Mn |
| Jun 30, 2025 | 9.39 Mn |
| Dec 31, 2024 | 9.33 Mn |
| Sep 30, 2024 | 11.22 Mn |
| Jun 30, 2024 | 10.02 Mn |
| Mar 31, 2024 | 8.80 Mn |
| Dec 31, 2023 | 6.52 Mn |
| Sep 30, 2023 | 6.32 Mn |
| Jun 30, 2023 | 5.84 Mn |
| Mar 31, 2023 | 5.00 Mn |
| Dec 31, 2022 | 4.32 Mn |
| Sep 30, 2022 | 5.77 Mn |
| Jun 30, 2022 | 5.10 Mn |
| Mar 31, 2022 | 4.65 Mn |
| Dec 31, 2021 | 6.18 Mn |
| Sep 30, 2021 | 4.72 Mn |
| Jun 30, 2021 | 6.50 Mn |
| Mar 31, 2021 | 5.59 Mn |
| Dec 31, 2020 | 6.56 Mn |