Vir Biotechnology (VIR) Operating Expenses (2018 - 2026)

Vir Biotechnology recorded quarterly Operating Expenses of $132.3 million in Q1 2026, up 18.1% quarter-over-quarter from $112.0 million in Q4 2025, and down 7.24% year-over-year from $142.6 million in Q1 2025.

Vir Biotechnology's Operating Expenses history runs 9 years deep, the most recent figure standing at $132.3 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 7.24% year-over-year to $132.3 million; the TTM figure through Mar 2026 stood at $537.6 million (down 19.46% YoY), while the FY2025 annual figure was $547.9 million, down 17.16% from the prior year.
  • Operating Expenses came in at $132.3 million for Q1 2026 at Vir Biotechnology, up from $112.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $233.7 million in Q3 2024 to a low of $112.0 million in Q4 2025.
  • A 5-year average of $170.3 million and a median of $173.7 million in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 59.06% in 2022 and slumped 33.86% in 2024, its largest moves.
  • Vir Biotechnology's Operating Expenses stood at $199.9 million in 2022, then dropped by 22.06% to $155.8 million in 2023, then retreated by 16.87% to $129.5 million in 2024, then decreased by 13.54% to $112.0 million in 2025, then advanced by 18.1% to $132.3 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $132.3 million, $112.0 million, and $173.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - 2.97 Mn
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - 4.33 Mn
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -138.30 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 15.76 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 1.85 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -3.82 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 2.96 Bn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 898.54 Mn
10 Vir Biotechnology 1.33 Bn 1.33 Bn - 132.26 Mn

Historic Data

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DateValue
Mar 31, 2026 132.26 Mn
Dec 31, 2025 111.99 Mn
Sep 30, 2025 173.68 Mn
Jun 30, 2025 119.63 Mn
Mar 31, 2025 142.58 Mn
Dec 31, 2024 129.52 Mn
Sep 30, 2024 233.68 Mn
Jun 30, 2024 161.71 Mn
Mar 31, 2024 136.46 Mn
Dec 31, 2023 155.80 Mn
Sep 30, 2023 189.37 Mn
Jun 30, 2023 218.98 Mn
Mar 31, 2023 206.33 Mn
Dec 31, 2022 199.91 Mn
Sep 30, 2022 179.59 Mn
Jun 30, 2022 184.59 Mn
Mar 31, 2022 218.63 Mn
Dec 31, 2021 241.00 Mn
Sep 30, 2021 157.00 Mn
Jun 30, 2021 116.05 Mn
Mar 31, 2021 160.61 Mn
Dec 31, 2020 110.14 Mn
Sep 30, 2020 89.54 Mn
Jun 30, 2020 96.04 Mn
Mar 31, 2020 77.63 Mn
Dec 31, 2019 64.74 Mn
Sep 30, 2019 49.08 Mn
Jun 30, 2019 37.82 Mn
Mar 31, 2019 34.43 Mn
Dec 31, 2018 29.92 Mn
Sep 30, 2018 37.23 Mn
Jun 30, 2018 27.22 Mn