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R&D at other companies

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AmgenAMGN
$1.87B+7.1%
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Gilead SciencesGILD
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Viridian Therapeutics, Inc. logo
Viridian Therapeutics, Inc.VRDN
$71.58M-17.4%
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BiohavenBHVN
$103.83M-44.7%
Assembly Biosciences logo
Assembly BiosciencesASMB
$14.9M+0.3%

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$1.49B+151%
Enterprise value$1.3B+232%
P/S4.9×-26.4×

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 us-gaap:ResearchAndDevelopmentExpense.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total revenues238,9461,214238,9174,246
Operating expenses:
Cost of revenue1111
Research and development135,28397,509244,205216,154
Selling, general and administrative30,19622,28353,53546,227
Restructuring, long-lived assets impairment and related charges, net(172)(182)
Total operating expenses165,479119,631297,740262,210
Income (loss) from operations73,467(118,417)(58,823)(257,964)

Item 1. Financial Statements (unaudited)

FAQ

What is Vir Biotechnology, Inc.'s R&D?
Vir Biotechnology, Inc. (VIR) reported R&D of $135.28M in Q2 2026.
How has Vir Biotechnology, Inc.'s R&D changed year-over-year?
Vir Biotechnology, Inc.'s R&D increased by 38.7% year-over-year, from $97.51M to $135.28M.
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.

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