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GeoVax Labs (GOVX) R&D spending by quarter

GeoVax Labs' R&D spending was $4.7M in Q2 2025 (second quarter 2025), -12% from Q1 2025. Over the last 3 quarters it ranged from $4.7M (Q2 2025) to $7.6M (Q4 2024).

GeoVax Labs R&D spending by quarterGeoVax Labs R&D spending by quarter$7.6MQ4 2024$5.4MQ1 2025$4.7MQ2 2025
QuarterR&D spendingQ/QY/Y
Q2 2025$4.7M-12%—
Q1 2025$5.4M-30%—
Q4 2024$7.6M——

Q2 2025 at a glance

GeoVax Labs, Q2 2025: revenue $852K (+184% year over year), operating margin -635.8%, net loss $5.4M, operating cash flow −$4.3M. The chart follows the revenue to costs, profit and cash.

Questions

What is GeoVax Labs' R&D spending?

GeoVax Labs' R&D spending was $4.7M in Q2 2025 (second quarter 2025), -12% from Q1 2025.

How has GeoVax Labs' R&D spending changed?

Over the last 3 quarters it ranged from $4.7M (Q2 2025) to $7.6M (Q4 2024).

Q2 2025 results → · How GeoVax Labs makes money →