Vir Biotechnology (VIR) Research & Development (2018 - 2026)

Vir Biotechnology (VIR) reported Research & Development of $108.9 million for Q1 2026, down 8.2% on a YoY basis from $118.6 million in Q1 2025, and up 23.29% sequentially from $88.3 million in Q4 2025.

Vir Biotechnology (VIR) Research & Development (2018 - 2026) Analysis & Trends

Vir Biotechnology (VIR) has 9 years of Research & Development data on file, last reported at $108.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development fell 8.2% year-over-year to $108.9 million; the trailing twelve-month figure through Mar 2026 stood at $446.2 million (down 15.0% YoY), and the FY2025 full-year result was $456.0 million, down 9.98% from the prior year.
  • Research & Development improved to $108.9 million in Q1 2026, from $88.3 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $195.2 million in Q3 2024 to a low of $88.3 million in Q4 2025.
  • A 5-year average of $125.0 million and a median of $114.2 million in 2022 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development surged 74.72% in 2023 and tumbled 37.46% in 2024, its largest moves.
  • Tracing VIR's Research & Development over 5 years: stood at $155.2 million in 2022, then decreased by 29.78% to $109.0 million in 2023, then declined by 2.65% to $106.1 million in 2024, then fell by 16.72% to $88.3 million in 2025, then grew by 23.29% to $108.9 million in 2026.
  • Business Quant data shows VIR's Research & Development at $108.9 million in Q1 2026, $88.3 million in Q4 2025, and $151.5 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 Vir Biotechnology 1.28 Bn 1.28 Bn - 108.92 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 108.92 Mn
Dec 31, 2025 88.35 Mn
Sep 30, 2025 151.46 Mn
Jun 30, 2025 97.51 Mn
Mar 31, 2025 118.65 Mn
Dec 31, 2024 106.08 Mn
Sep 30, 2024 195.18 Mn
Jun 30, 2024 105.11 Mn
Mar 31, 2024 100.13 Mn
Dec 31, 2023 108.97 Mn
Sep 30, 2023 145.03 Mn
Jun 30, 2023 168.08 Mn
Mar 31, 2023 157.64 Mn
Dec 31, 2022 155.17 Mn
Sep 30, 2022 114.17 Mn
Jun 30, 2022 115.08 Mn
Mar 31, 2022 90.23 Mn
Dec 31, 2021 128.34 Mn
Sep 30, 2021 98.67 Mn
Jun 30, 2021 86.13 Mn