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Vir Biotechnology, Inc. VIR Research and development expenses

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Other financials

Income statement

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Revenue$238.9M+19,583%
Gross profit$238.9M+19,763%
Operating income$73.5M+162%
Net income$80.1M+172%
EPS (diluted)$0.47+159%

Balance sheet

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Cash & equivalents$287.6M-6.1%
Total debt$93.3M-8.8%
Total equity$982.5M+3.7%
Total assets$1.2B+1.9%

Cash flow

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Operating cash flow-$132.4M-69.5%
CapEx$32.0K-98.7%
Free cash flow-$132.8M-66.5%

Valuation

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Market cap$1.54B+119%
Enterprise value$1.34B+169%
P/S5.1×-31.9×

Profitability

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Gross margin96.1%-2.7pp
Operating margin-92.4%-45.5pp
Net margin-83%-40.9pp
FCF margin-686.5%-273pp

Returns & leverage

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Return on equity-26.1%-7.9pp
Debt / equity0.1×0.0×
Current ratio-1.0×

Where this comes from

Reported directly by Vir Biotechnology, Inc. in its filing.

Tagged under the XBRL concept vir:AccruedResearchAndDevelopmentExpenseCurrent.

The source filing: Vir Biotechnology, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053549
Line itemJune 30,2026December 31,2025
Research and development expenses$35,465$35,299
Payroll and related expenses13,95728,724
Excess funds payable under grant agreements1,8321,825
Operating lease liabilities, current9,1378,798
Other professional and consulting expenses9,0093,327
Other accrued expenses7,8075,039
Total accrued and other liabilities$77,207$83,012

Item 1. Financial Statements (unaudited)

FAQ

What is Vir Biotechnology, Inc.'s research and development expenses?
Vir Biotechnology, Inc. (VIR) reported research and development expenses of $35.47M in Q2 2026.
How has Vir Biotechnology, Inc.'s research and development expenses changed year-over-year?
Vir Biotechnology, Inc.'s research and development expenses decreased by 9.8% year-over-year, from $39.33M to $35.47M.
What does research and development expenses mean?
Research and development expenses as reported by Vir Biotechnology, Inc. Common Stock.

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