Growth Metrics

Volitionrx (VNRX) Research & Development (2011 - 2025)

Volitionrx posted quarterly Research & Development of $2.5 million for Q4 2025, down 4.61% year-on-year from $2.6 million in Q4 2024, and up 7.97% on a QoQ basis from $2.3 million in Q3 2025.

Volitionrx (VNRX) has 11 years of Research & Development data on file, last reported at $2.5 million in Q4 2025.

  • For the quarter ending Q4 2025, Research & Development fell 4.61% year-over-year to $2.5 million; the trailing twelve-month figure through Dec 2025 stood at $10.1 million (down 30.02% YoY), and the FY2025 full-year result was $10.1 million, down 30.02% from the prior year.
  • Research & Development for Q4 2025 stood at $2.5 million, up from $2.3 million in the prior quarter.
  • Across five years, Research & Development topped out at $5.5 million in Q2 2023 and bottomed at $2.3 million in Q3 2025.
  • The 5-year median for Research & Development is $3.6 million (2021), against an average of $3.6 million.
  • The widest annual swing landed in 2023, when Research & Development soared 66.23%; it then tumbled 43.68% in 2025.
  • A 5-year view of Research & Development shows it stood at $3.3 million in 2021, then climbed by 25.18% to $4.1 million in 2022, then gained by 10.02% to $4.5 million in 2023, then tumbled by 43.06% to $2.6 million in 2024, then retreated by 4.61% to $2.5 million in 2025.
  • The last three Research & Development figures came in at $2.5 million (Q4 2025), $2.3 million (Q3 2025), and $2.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 767.00 Mn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 413.00 Mn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 722.00 Mn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 263.30 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -461.27 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 145.30 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 345.00 Mn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 28.80 Mn
10 Volitionrx 101.83 Mn 99.36 Mn -1.01 Mn 2.47 Mn

Historic Data

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DateValue
Dec 31, 2025 2.47 Mn
Sep 30, 2025 2.29 Mn
Jun 30, 2025 2.72 Mn
Mar 31, 2025 2.61 Mn
Dec 31, 2024 2.59 Mn
Sep 30, 2024 3.47 Mn
Jun 30, 2024 3.72 Mn
Mar 31, 2024 4.63 Mn
Dec 31, 2023 4.54 Mn
Sep 30, 2023 4.65 Mn
Jun 30, 2023 5.45 Mn
Mar 31, 2023 4.91 Mn
Dec 31, 2022 4.13 Mn
Sep 30, 2022 4.00 Mn
Jun 30, 2022 3.28 Mn
Mar 31, 2022 3.59 Mn
Dec 31, 2021 3.30 Mn
Sep 30, 2021 3.61 Mn
Jun 30, 2021 2.94 Mn
Mar 31, 2021 3.87 Mn
Dec 31, 2020 3.93 Mn
Sep 30, 2020 3.18 Mn
Jun 30, 2020 3.49 Mn
Mar 31, 2020 3.89 Mn
Dec 31, 2019 2.77 Mn
Sep 30, 2019 2.64 Mn
Jun 30, 2019 2.48 Mn
Mar 31, 2019 2.47 Mn
Dec 31, 2018 3.06 Mn
Sep 30, 2018 2.74 Mn
Jun 30, 2018 2.69 Mn
Jun 30, 2013 640,639.00
Mar 31, 2013 593,199.00
Dec 31, 2012 1.11 Mn
Sep 30, 2012 663,885.00
Jun 30, 2012 559,432.00
Mar 31, 2012 511,045.00
Dec 31, 2011 611,110.00
Sep 30, 2011 292,205.00
Jun 30, 2011 415,517.00
Mar 31, 2011 198,083.00