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

Vir Biotechnology recorded quarterly Research & Development of $108.9 million in Q1 2026, up 23.29% quarter-over-quarter from $88.3 million in Q4 2025, and down 8.2% year-over-year from $118.6 million in Q1 2025.

Vir Biotechnology's Research & Development history runs 9 years deep, the most recent figure standing at $108.9 million for Q1 2026.

  • In Q1 2026, Research & Development fell 8.2% year-over-year to $108.9 million; the TTM figure through Mar 2026 stood at $446.2 million (down 15.0% YoY), while the FY2025 annual figure 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.
  • 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 soared 74.72% in 2023 and plunged 37.46% in 2024, its largest moves.
  • Vir Biotechnology's Research & Development stood at $155.2 million in 2022, then dropped by 29.78% to $109.0 million in 2023, then retreated by 2.65% to $106.1 million in 2024, then decreased by 16.72% to $88.3 million in 2025, then rose by 23.29% to $108.9 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $108.9 million, $88.3 million, and $151.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - 626,092.00
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - 4.32 Mn
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -101.30 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 1.46 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 961.60 Mn
7 Evaxion A 62.56 Bn 62.54 Bn - -2.30 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 1.54 Bn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 364.87 Mn
10 Vir Biotechnology 1.33 Bn 1.33 Bn - 108.92 Mn

Historic Data

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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
Mar 31, 2021 134.87 Mn
Dec 31, 2020 87.10 Mn
Sep 30, 2020 70.68 Mn
Jun 30, 2020 79.65 Mn
Mar 31, 2020 64.98 Mn
Dec 31, 2019 52.93 Mn
Sep 30, 2019 39.86 Mn
Jun 30, 2019 29.81 Mn
Mar 31, 2019 25.87 Mn
Dec 31, 2018 21.97 Mn
Sep 30, 2018 29.84 Mn