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Vir Biotechnology (VIR) R&D spending by quarter

Vir Biotechnology's R&D spending was $135M in Q2 2026 (second quarter 2026), +53% from Q4 2025. Over the last 5 quarters it ranged from $88.3M (Q4 2025) to $151M (Q3 2025).

Vir Biotechnology R&D spending by quarterVir Biotechnology R&D spending by quarter$119MQ1 2025$97.5MQ2 2025$151MQ3 2025$88.3MQ4 2025$135MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$135M+53%+39%
Q4 2025$88.3M-42%—
Q3 2025$151M+55%—
Q2 2025$97.5M-18%—
Q1 2025$119M——

Q2 2026 at a glance

Vir Biotechnology, Q2 2026: revenue $239M (197× year over year), operating margin 30.7%, net earnings $80.1M, operating cash flow $123M. The chart follows the revenue to costs, profit and cash.

Questions

What is Vir Biotechnology's R&D spending?

Vir Biotechnology's R&D spending was $135M in Q2 2026 (second quarter 2026), +53% from Q4 2025.

How has Vir Biotechnology's R&D spending changed?

Over the last 5 quarters it ranged from $88.3M (Q4 2025) to $151M (Q3 2025).

Q2 2026 results → · How Vir Biotechnology makes money →