R&D expense · 2011–2025

Vanda Pharmaceuticals R&D expense

$109M+46.8% · FY2025

Vanda Pharmaceuticals (VNDA) reported $109M in R&D expense for fiscal 2025, +46.8% year on year.

$29.0M2011$45.8M2012$28.5M2013$19.2M2014$29.1M2015$29.2M2016$38.5M2017$43.6M2018$48.6M2019$55.6M2020$75.4M2021$85.8M2022$76.8M2023$74.4M2024$109M2025
Vanda Pharmaceuticals — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$109M+46.8%Open →
FY20242024-12-31$74.4M−3.1%Open →
FY20232023-12-31$76.8M−10.4%Open →
FY20222022-12-31$85.8M+13.8%Open →
FY20212021-12-31$75.4M+35.6%Open →
FY20202020-12-31$55.6M+14.2%Open →
FY20192019-12-31$48.6M+11.6%Open →
FY20182018-12-31$43.6M+13.1%Open →
FY20172017-12-31$38.5M+32.2%Open →
FY20162016-12-31$29.2M+0.0%Open →
FY20152015-12-31$29.1M+51.6%Open →
FY20142014-12-31$19.2M−32.5%Open →
FY20132013-12-31$28.5M−37.7%Open →
FY20122012-12-31$45.8M+57.8%Open →
FY20112011-12-31$29.0M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +9.9%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Vanda Pharmaceuticals R&D expense |url=https://companiesranked.com/en/company/vanda-pharmaceuticals/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Vanda Pharmaceuticals R&D expense. CompaniesRanked. https://companiesranked.com/en/company/vanda-pharmaceuticals/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-vanda-pharmaceuticals-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Vanda Pharmaceuticals R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/vanda-pharmaceuticals/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001628280-26-007460 · February 12, 2026

{{cite web |title=Vanda Pharmaceuticals R&D expense — 10-K (0001628280-26-007460) |url=https://www.sec.gov/Archives/edgar/data/1347178/000162828026007460/vnda-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-12}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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