Evaxion A/S annual r&d spending
2018
2019
2020
2021
2022
2023
2024
2025
Evaxion A/S R&D Spending Growth & History (EVAX)
Evaxion A/S's r&d spending was $10.0M for fiscal 2025.
View full Evaxion A/S company overviewEvaxion A/S annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $10.0M | −$482,000 | −4.61% |
| 2024 | 2024-12-31 | $10.5M | −$1.5M | −12.24% |
| 2023 | 2023-12-31 | $11.9M | −$5.1M | −30.14% |
| 2022 | 2022-12-31 | $17.1M | −$2.5M | −12.90% |
| 2021 | 2021-12-31 | $19.6M | $8.7M | +79.63% |
| 2020 | 2020-12-31 | $10.9M | $2.7M | +32.69% |
| 2019 | 2019-12-31 | $8.2M | $4.5M | +120.33% |
| 2018 | 2018-12-31 | $3.7M | — | — |
Evaxion A/S quarterly r&d spending
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q2.23
Q2.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.3M | $169,000 | +7.81% |
| Q1 2026 | 2026-03-31 | $2.3M | $142,000 | +6.59% |
| Q4 2025 | 2025-12-31 | $2.6M | — | — |
| Q3 2025 | 2025-09-30 | $3.1M | — | — |
| Q2 2025 | 2025-06-30 | $2.2M | −$587,000 | −21.33% |
| Q1 2025 | 2025-03-31 | $2.2M | — | — |
| Q2 2024 | 2024-06-30 | $2.8M | −$184,000 | −6.27% |
| Q2 2023 | 2023-06-30 | $2.9M | −$1.2M | −28.60% |
| Q2 2022 | 2022-06-30 | $4.1M | −$999,000 | −19.55% |
| Q1 2022 | 2022-03-31 | $4.8M | $911,000 | +23.40% |
| Q4 2021 | 2021-12-31 | $6.2M | $3.3M | +115.76% |
| Q3 2021 | 2021-09-30 | $4.4M | $1.5M | +48.92% |
| Q2 2021 | 2021-06-30 | $5.1M | $2.5M | +98.87% |
| Q1 2021 | 2021-03-31 | $3.9M | $1.4M | +55.10% |
| Q4 2020 | 2020-12-31 | $2.9M | — | — |
| Q3 2020 | 2020-09-30 | $3.0M | — | — |
| Q2 2020 | 2020-06-30 | $2.6M | — | — |
| Q1 2020 | 2020-03-31 | $2.5M | — | — |
Evaxion A/S r&d spending trends
Over the last five fiscal years, Evaxion A/S's r&d spending decreased from $10.9M to $10.0M, a change of −$927,000. The latest reported quarter, Q2 2026, shows $2.3M.
About the metric
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.
Calculation and source
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 Evaxion A/S source filings ↗