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Alnylam Pharmaceuticals (ALNY) R&D spending by quarter

Alnylam Pharmaceuticals' R&D spending was $409M in Q3 2026 (third quarter 2026), -1% from Q2 2026. Over the last 7 quarters it ranged from $265M (Q1 2025) to $413M (Q2 2026).

Alnylam Pharmaceuticals R&D spending by quarterAlnylam Pharmaceuticals R&D spending by quarter$300MQ4 2024$265MQ1 2025$324MQ2 2025$359MQ3 2025$372MQ4 2025$413MQ2 2026$409MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$409M-1%+14%
Q2 2026$413M+11%+28%
Q4 2025$372M+4%+24%
Q3 2025$359M+11%—
Q2 2025$324M+22%—
Q1 2025$265M-12%—
Q4 2024$300M——

Q3 2026 at a glance

Alnylam Pharmaceuticals, Q3 2026: revenue $1.5B (+17% year over year), operating margin 23.7%, net earnings $2.2B, operating cash flow $341M. The chart follows the revenue to costs, profit and cash.

Questions

What is Alnylam Pharmaceuticals' R&D spending?

Alnylam Pharmaceuticals' R&D spending was $409M in Q3 2026 (third quarter 2026), -1% from Q2 2026.

How has Alnylam Pharmaceuticals' R&D spending changed?

Over the last 7 quarters it ranged from $265M (Q1 2025) to $413M (Q2 2026).

Q3 2026 results → · How Alnylam Pharmaceuticals makes money →