R&D expense · 2011–2025

Vaxart R&D expense

$202M+171.6% · FY2025

Vaxart (VXRT) reported $202M in R&D expense for fiscal 2025, +171.6% year on year.

$17.8M2011$24.1M2012$19.9M2013$17.5M2014$19.8M2015$26.3M2016$12.4M2017$17.3M2018$14.5M2019$19.9M2020$48.7M2021$81.1M2022$68.1M2023$74.2M2024$202M2025
Vaxart — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$202M+171.6%Open →
FY20242024-12-31$74.2M+8.9%Open →
FY20232023-12-31$68.1M−15.9%Open →
FY20222022-12-31$81.1M+66.3%Open →
FY20212021-12-31$48.7M+145.4%Open →
FY20202020-12-31$19.9M+36.6%Open →
FY20192019-12-31$14.5M−15.8%Open →
FY20182018-12-31$17.3M+39.8%Open →
FY20172017-12-31$12.4M−53.0%Open →
FY20162016-06-30$26.3M+32.8%Open →
FY20152015-06-30$19.8M+13.1%Open →
FY20142014-06-30$17.5M−12.1%Open →
FY20132013-06-30$19.9M−17.4%Open →
FY20122012-06-30$24.1M+35.7%Open →
FY20112011-12-31$17.8M—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 +18.9%

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=Vaxart R&D expense |url=https://companiesranked.com/en/company/vaxart/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Vaxart R&D expense. CompaniesRanked. https://companiesranked.com/en/company/vaxart/research-and-development-expense

BibTeX

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

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