What is Vir Biotechnology, Inc.'s R&D?

Vir Biotechnology, Inc. (VIR) reported R&D of $108.92M in Q1 2026.

How has Vir Biotechnology, Inc.'s R&D changed year-over-year?

Vir Biotechnology, Inc.'s R&D decreased by 8.2% year-over-year, from $118.65M to $108.92M.

What is the long-term trend for Vir Biotechnology, Inc.'s R&D?

Over 4 years (2021 to 2025), Vir Biotechnology, Inc.'s R&D has grown at a 0.4% compound annual growth rate (CAGR), from $448.01M to $455.97M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Vir Biotechnology, Inc. VIR R&D

R&D at other companies

AmgenAMGN

$1.72B+15.7%

Regeneron PharmaceuticalsREGN

$1.54B+16.3%

Viridian Therapeutics, Inc.VRDN

$77.63M+1.0%

Iovance Biotherapeutics, Inc.IOVA

$62.49M-17.7%

Nuvation BioNUVB

$35.05M+42.5%

Enliven TherapeuticsELVN

$20.69M-16.9%

Other financials

Income statement

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Revenue-$29.0K-101%

Gross profit$1.2M-60.2%

Operating income-$132.3M+5.2%

Net income-$125.7M-3.9%

EPS (diluted)-$0.85+3.4%

Balance sheet

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Cash & equivalents$283.0M-23.1%

Total debt$95.6M-0.5%

Total equity$812.8M-22.1%

Total assets$1.0B-21.6%

Cash flow

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Operating cash flow-$132.4M-69.5%

CapEx$390.0K-76.1%

Free cash flow-$132.8M-66.5%

Valuation

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Market cap$1.71B+61.1%

Enterprise value$1.53B+102%

P/S26.2×-24.8×

Profitability

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Gross margin96.1%-2.7pp

Operating margin-720.8%-313pp

Net margin-676%-291pp

FCF margin-686.5%-273pp

Returns & leverage

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Return on equity-47.7%+3.6pp

Debt / equity0.1×0.0×

Current ratio7.1×+0.3×

Where this comes from

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

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Vir Biotechnology, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vir Biotechnology, Inc.'s R&D?: Vir Biotechnology, Inc. (VIR) reported R&D of $108.92M in Q1 2026.
How has Vir Biotechnology, Inc.'s R&D changed year-over-year?: Vir Biotechnology, Inc.'s R&D decreased by 8.2% year-over-year, from $118.65M to $108.92M.
What is the long-term trend for Vir Biotechnology, Inc.'s R&D?: Over 4 years (2021 to 2025), Vir Biotechnology, Inc.'s R&D has grown at a 0.4% compound annual growth rate (CAGR), from $448.01M to $455.97M.
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.