Vir Biotechnology (VIR) Research & Development (2018 - 2026)
Vir Biotechnology's (VIR) quarterly Research & Development came in at $108.9 million in Q1 2026, down 8.2% year-on-year from $118.6 million in Q1 2025, and up 23.29% quarter-over-quarter from $88.3 million in Q4 2025.
Vir Biotechnology (VIR) Research & Development (2018 - 2026) Analysis & Trends
Vir Biotechnology has disclosed Research & Development across 9 years of filings, most recently posting $108.9 million for Q1 2026.
- Research & Development for Q1 2026 came in at $108.9 million, down 8.2% year-over-year; the trailing twelve-month figure through Mar 2026 was $446.2 million (down 15.0% YoY), and the FY2025 annual result was $456.0 million, down 9.98% from the prior year.
- Research & Development came in at $108.9 million for Q1 2026 at Vir Biotechnology, up 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.
- The 5-year median for Research & Development is $114.2 million (2022), against an average of $125.0 million.
- Across the five-year window, Research & Development surged 74.72% in 2023 and sank 37.46% in 2024, its largest moves.
- Vir Biotechnology's Research & Development stood at $155.2 million in 2022, then slipped by 29.78% to $109.0 million in 2023, then fell by 2.65% to $106.1 million in 2024, then retreated by 16.72% to $88.3 million in 2025, then increased by 23.29% to $108.9 million in 2026.
- The last three Research & Development figures came in at $108.9 million (Q1 2026), $88.3 million (Q4 2025), and $151.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.32 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 15.66 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 626,092.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -101.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -2.30 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 1.46 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 357,444.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 961.60 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -58.00 Mn |
| 10 | Vir Biotechnology | 1.35 Bn | 1.35 Bn | - | 108.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |