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Invivyd (IVVD) R&D spending by quarter

Invivyd's R&D spending was $29.4M in Q2 2026 (second quarter 2026), -4% from Q1 2026. Over the last 7 quarters it ranged from $8.0M (Q3 2025) to $30.7M (Q1 2026).

Invivyd R&D spending by quarterInvivyd R&D spending by quarter$17.9MQ4 2024$10.6MQ1 2025$9.6MQ2 2025$8.0MQ3 2025$10.0MQ4 2025$30.7MQ1 2026$29.4MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$29.4M-4%+207%
Q1 2026$30.7M+206%+189%
Q4 2025$10.0M+25%-44%
Q3 2025$8.0M-16%—
Q2 2025$9.6M-10%—
Q1 2025$10.6M-41%—
Q4 2024$17.9M——

Q2 2026 at a glance

Invivyd, Q2 2026: revenue $14.3M (+21% year over year), operating margin -320.8%, net loss $44.4M, operating cash flow −$43.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is Invivyd's R&D spending?

Invivyd's R&D spending was $29.4M in Q2 2026 (second quarter 2026), -4% from Q1 2026.

How has Invivyd's R&D spending changed?

Over the last 7 quarters it ranged from $8.0M (Q3 2025) to $30.7M (Q1 2026).

Q2 2026 results → · How Invivyd makes money →