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R&D at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
$3.65B+3.9%
Viridian Therapeutics, Inc. logo
Viridian Therapeutics, Inc.VRDN
$71.58M-17.4%
Apogee Therapeutics, Inc. logo
Apogee Therapeutics, Inc.APGE
$60.82M+31.1%
Summit Therapeutics logo
Summit TherapeuticsSMMT
$132.62M+159%
Immunome logo
ImmunomeIMNM
$46.38M+25.8%
Vera Therapeutics logo
Vera TherapeuticsVERA
$86.01M+108%

Segments

By segment

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Reportable Segment$29.22M-6.2%

Other financials

Income statement

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Net income-$147.9M-38.9%
EPS (diluted)-$0.73-15.9%

Balance sheet

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Cash & equivalents$902.1M+26.4%
Total debt$72.0K-26.5%
Total equity$852.6M+20.5%
Total assets$957.0M+23.3%

Cash flow

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Operating cash flow-$95.1M+14.1%
CapEx$8.0K-96.0%
Free cash flow-$95.1M+14.2%

Valuation

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Market cap$8.21B+201%
Enterprise value$7.31B+89.7%

Returns & leverage

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Return on equity-64.8%+2.5pp
Debt / equity0.0×
Current ratio9.1×-2.1×

Where this comes from

Reported directly by Immunovant, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost.

The source filing: Immunovant, Inc.’s 10-K, filed May 20, 2026.

Filed
May 20, 2026, 7:28 AM EDT
Fiscal year
FY2026
Accession
0001764013-26-000064
Line itemYears Ended March 31, 2026Years Ended March 31, 2025Years Ended March 31, 2024
Operating expenses:
Research and development$456,660$360,917$212,928
Acquired in-process research and development12,500
General and administrative76,24277,23557,281
Total operating expenses532,902438,152282,709
Interest income, net(25,330)(24,732)(24,948)
Other (income) expense, net(2,181)(471)1,008
Loss before provision for income taxes(505,391)(412,949)(258,769)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Immunovant, Inc.'s R&D?
Immunovant, Inc. (IMVT) reported R&D of $142.29M in Q1 2026.
How has Immunovant, Inc.'s R&D changed year-over-year?
Immunovant, Inc.'s R&D increased by 51.9% year-over-year, from $93.65M to $142.29M.
What is the long-term trend for Immunovant, Inc.'s R&D?
Over 4 years (2022 to 2026), Immunovant, Inc.'s R&D has grown at a 45.5% compound annual growth rate (CAGR), from $101.81M to $456.66M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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