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| 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 |