GH Research annual r&d spending
2019
2020
2021
2022
2023
2024
2025
GH Research R&D Spending Growth & History (GHRS)
GH Research's r&d spending was $38.8M for fiscal 2025.
View full GH Research company overviewGH Research annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $38.8M | $3.7M | +10.71% |
| 2024 | 2024-12-31 | $35.0M | $5.2M | +17.42% |
| 2023 | 2023-12-31 | $29.8M | $9.3M | +45.58% |
| 2022 | 2022-12-31 | $20.5M | $11.9M | +139.49% |
| 2021 | 2021-12-31 | $8.6M | $8.2M | +2430.47% |
| 2020 | 2020-12-31 | $338,000 | $42,000 | +14.19% |
| 2019 | 2019-12-31 | $296,000 | — | — |
GH Research quarterly r&d spending
Q2.22
Q3.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
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 | $12.4M | $3.4M | +38.41% |
| Q1 2026 | 2026-03-31 | $12.4M | $4.5M | +57.65% |
| Q4 2025 | 2025-12-31 | $11.4M | $3.2M | +38.78% |
| Q3 2025 | 2025-09-30 | $10.6M | $2.2M | +25.84% |
| Q2 2025 | 2025-06-30 | $9.0M | −$797,000 | −8.17% |
| Q1 2025 | 2025-03-31 | $7.9M | −$806,000 | −9.31% |
| Q4 2024 | 2024-12-31 | $8.2M | −$45,000 | −0.55% |
| Q3 2024 | 2024-09-30 | $8.4M | $1.3M | +18.47% |
| Q2 2024 | 2024-06-30 | $9.8M | $2.6M | +35.94% |
| Q1 2024 | 2024-03-31 | $8.7M | $1.4M | +18.51% |
| Q4 2023 | 2023-12-31 | $8.3M | — | — |
| Q3 2023 | 2023-09-30 | $7.1M | $2.5M | +53.42% |
| Q2 2023 | 2023-06-30 | $7.2M | $2.9M | +69.25% |
| Q1 2023 | 2023-03-31 | $7.3M | — | — |
| Q3 2022 | 2022-09-30 | $4.6M | — | — |
| Q2 2022 | 2022-06-30 | $4.2M | — | — |
GH Research r&d spending trends
Over the last five fiscal years, GH Research's r&d spending increased from $338,000 to $38.8M, a change of $38.4M. The latest reported quarter, Q2 2026, shows $12.4M.
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 GH Research source filings ↗