Volitionrx (VNRX) Research & Development (2011 - 2025)
Volitionrx (VNRX) reported Research & Development of $2.5 million for Q4 2025, down 4.61% on a YoY basis from $2.6 million in Q4 2024, and up 7.97% quarter-over-quarter from $2.3 million in Q3 2025.
Volitionrx (VNRX) Research & Development (2011 - 2025) Analysis & Trends
Volitionrx has reported Research & Development for 11 years, with the latest figure 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.
- The five-year high for Research & Development was $5.5 million in Q2 2023, with the low at $2.3 million in Q3 2025.
- Historically, Research & Development has averaged $3.6 million across 5 years, with a median of $3.6 million in 2021.
- Annual changes were most pronounced in 2023 — Research & Development soared 66.23% — and 2025, when it sank 43.68%.
- Volitionrx's Research & Development stood at $3.3 million in 2021, then advanced by 25.18% to $4.1 million in 2022, then rose by 10.02% to $4.5 million in 2023, then plunged by 43.06% to $2.6 million in 2024, then fell 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 | 154.42 Bn | 147.76 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 722.00 Mn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -461.27 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 145.30 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 28.80 Mn |
| 10 | Volitionrx | 53.00 Mn | 50.54 Mn | -1.01 Mn | 2.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |