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

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

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

Vir Biotechnology has reported Research & Development for 9 years, with the latest figure at $108.9 million in Q1 2026.

  • Quarterly Research & Development fell 8.2% year-over-year to $108.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $446.2 million (down 15.0% YoY) and the FY2025 annual result came in at $456.0 million, down 9.98% from the prior year.
  • Research & Development improved to $108.9 million in Q1 2026 per VIR's latest filing, from $88.3 million in the prior quarter.
  • Over five years, Research & Development peaked at $195.2 million in Q3 2024 and troughed at $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.
  • The sharpest annual moves came in 2023 and 2024: Research & Development jumped 74.72% in 2023, then sank 37.46% in 2024.
  • Over 5 years, Research & Development stood at $155.2 million in 2022, then declined by 29.78% to $109.0 million in 2023, then decreased by 2.65% to $106.1 million in 2024, then slipped by 16.72% to $88.3 million in 2025, then gained 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 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 993.80 Mn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 1.63 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 1.37 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn - 394.92 Mn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 612.28 Mn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn 1,146.05
7 Royalty Pharma 33.72 Bn 35.84 Bn - 97.90 Mn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 413.13 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn 210.03 Mn
10 Vir Biotechnology 1.56 Bn 1.56 Bn 238.95 Mn 135.28 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 135.28 Mn
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