Volitionrx (VNRX) Research & Development (2011 - 2026)
Volitionrx (VNRX) reported Research & Development of $1.8 million for Q2 2026, down 33.8% from $2.72 million a year earlier.
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Analysis
Volitionrx (VNRX) Research & Development (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Volitionrx's Research & Development came in at $9.27 million, down 18.6% year-over-year; for FY2025, it was $10.08 million, down 30.0% from FY2024.
- Research & Development has a five-year compound annual growth rate of -7.1% (FY2020 to FY2025).
- By year, Research & Development came in at $14.41 million in FY2024 (-26.3%), $19.55 million in FY2023 (+27.5%), $15.33 million in FY2022 (+17.7%) and $13.02 million in FY2021 (-10.4%).
- The Q2 2026 figure ranks as the lowest quarterly Research & Development since Q2 2013.
- The high point for year-over-year Research & Development in five years was Q2 2023 (growth of 66.2%); the low point was Q1 2025 (a decline of 43.7%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 258.00 Mn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 278.90 Mn |
| 10 | Volitionrx | 1.02 Mn | -6.71 Mn | - | 1.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.80 Mn |
| 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 |
API Access
Volitionrx Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=VNRX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "VNRX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=VNRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();