Adial Pharmaceuticals R&D Spending Growth & History (ADIL)
Adial Pharmaceuticals's r&d spending was $2.6M for fiscal 2025.
View full Adial Pharmaceuticals company overviewAdial Pharmaceuticals annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.6M | −$609,555 | −18.88% |
| 2024 | 2024-12-31 | $3.2M | $2.0M | +154.86% |
| 2023 | 2023-12-31 | $1.3M | −$683,231 | −35.03% |
| 2022 | 2022-12-31 | $2.0M | −$6.4M | −76.77% |
| 2021 | 2021-12-31 | $8.4M | $2.5M | +43.43% |
| 2020 | 2020-12-31 | $5.9M | $1.9M | +47.60% |
| 2019 | 2019-12-31 | $4.0M | $3.6M | +976.25% |
| 2018 | 2018-12-31 | $368,459 | $186,352 | +102.33% |
| 2017 | 2017-12-31 | $182,107 | — | — |
Adial Pharmaceuticals quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $440,000 | −$292,000 | −39.89% |
| Q1 2026 | 2026-03-31 | $432,530 | −$314,361 | −42.09% |
| Q4 2025 | 2025-12-31 | $619,711 | −$111,082 | −15.20% |
| Q3 2025 | 2025-09-30 | $521,069 | −$510,564 | −49.49% |
| Q2 2025 | 2025-06-30 | $732,000 | −$280,522 | −27.71% |
| Q1 2025 | 2025-03-31 | $746,891 | $292,613 | +64.41% |
| Q4 2024 | 2024-12-31 | $730,793 | — | — |
| Q3 2024 | 2024-09-30 | $1.0M | $824,505 | +398.07% |
| Q2 2024 | 2024-06-30 | $1.0M | $582,626 | +135.53% |
| Q1 2024 | 2024-03-31 | $454,278 | −$222,157 | −32.84% |
| Q3 2023 | 2023-09-30 | $207,128 | −$488,945 | −70.24% |
| Q2 2023 | 2023-06-30 | $429,896 | $429,896 | — |
| Q1 2023 | 2023-03-31 | $676,435 | $221,435 | +48.67% |
| Q4 2022 | 2022-12-31 | $799,235 | −$1.5M | −65.75% |
| Q3 2022 | 2022-09-30 | $696,073 | −$995,615 | −58.85% |
| Q2 2022 | 2022-06-30 | $0 | −$2.3M | — |
| Q1 2022 | 2022-03-31 | $455,000 | −$1.6M | −77.82% |
| Q4 2021 | 2021-12-31 | $2.3M | $274,766 | +13.35% |
| Q3 2021 | 2021-09-30 | $1.7M | −$155,490 | −8.42% |
| Q2 2021 | 2021-06-30 | $2.3M | $1.4M | +161.15% |
| Q1 2021 | 2021-03-31 | $2.1M | $992,045 | +93.63% |
| Q4 2020 | 2020-12-31 | $2.1M | $854,609 | +70.99% |
| Q3 2020 | 2020-09-30 | $1.8M | $982,898 | +113.72% |
| Q2 2020 | 2020-06-30 | $888,013 | −$322,423 | −26.64% |
| Q1 2020 | 2020-03-31 | $1.1M | $372,664 | +54.25% |
| Q4 2019 | 2019-12-31 | $1.2M | $1.2M | +2428.11% |
| Q3 2019 | 2019-09-30 | $864,280 | $675,845 | +358.66% |
| Q2 2019 | 2019-06-30 | $1.2M | $1.1M | +1474.14% |
| Q1 2019 | 2019-03-31 | $686,914 | $631,406 | +1137.50% |
| Q4 2018 | 2018-12-31 | $47,621 | — | — |
| Q3 2018 | 2018-09-30 | $188,435 | $160,638 | +577.90% |
| Q2 2018 | 2018-06-30 | $76,895 | $19,032 | +32.89% |
| Q1 2018 | 2018-03-31 | $55,508 | — | — |
| Q3 2017 | 2017-09-30 | $27,797 | — | — |
| Q2 2017 | 2017-06-30 | $57,863 | — | — |
Adial Pharmaceuticals r&d spending trends
Over the last five fiscal years, Adial Pharmaceuticals's r&d spending decreased from $5.9M to $2.6M, a change of −$3.2M. The latest reported quarter, Q2 2026, shows $440,000.
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Adial Pharmaceuticals source filings ↗