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Immunocore Holdings (IMCR) R&D spending by quarter

Immunocore Holdings' R&D spending was $74.7M in Q3 2026 (third quarter 2026), +1% from Q2 2026. Over the last 7 quarters it ranged from $56.5M (Q1 2025) to $78.8M (Q4 2025).

Immunocore Holdings R&D spending by quarterImmunocore Holdings R&D spending by quarter$56.5MQ1 2025$69.0MQ2 2025$70.6MQ3 2025$78.8MQ4 2025$61.1MQ1 2026$73.9MQ2 2026$74.7MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$74.7M+1%+6%
Q2 2026$73.9M+21%+7%
Q1 2026$61.1M-22%+8%
Q4 2025$78.8M+12%—
Q3 2025$70.6M+2%—
Q2 2025$69.0M+22%—
Q1 2025$56.5M——

Q3 2026 at a glance

Immunocore Holdings, Q3 2026: revenue $102M (-1% year over year), operating margin -13.3%, net loss $14.2M, operating cash flow $20.1M. The chart follows the revenue to costs, profit and cash.

Questions

What is Immunocore Holdings' R&D spending?

Immunocore Holdings' R&D spending was $74.7M in Q3 2026 (third quarter 2026), +1% from Q2 2026.

How has Immunocore Holdings' R&D spending changed?

Over the last 7 quarters it ranged from $56.5M (Q1 2025) to $78.8M (Q4 2025).

Q3 2026 results → · How Immunocore Holdings makes money →