GeoVax Labs R&D Spending Growth & History (GOVX)
GeoVax Labs's r&d spending was $18.1M for fiscal 2025.
View full GeoVax Labs company overviewGeoVax Labs annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $18.1M | −$5.6M | −23.58% |
| 2024 | 2024-12-31 | $23.7M | $3.0M | +14.44% |
| 2023 | 2023-12-31 | $20.7M | $11.6M | +127.11% |
| 2022 | 2022-12-31 | $9.1M | −$6.4M | −41.34% |
| 2021 | 2021-12-31 | $15.6M | $13.1M | +536.30% |
| 2020 | 2020-12-31 | $2.4M | $533,744 | +27.93% |
| 2019 | 2019-12-31 | $1.9M | $32,063 | +1.71% |
| 2018 | 2018-12-31 | $1.9M | −$138,698 | −6.88% |
| 2017 | 2017-12-31 | $2.0M | $46,491 | +2.36% |
| 2016 | 2016-12-31 | $2.0M | $277,757 | +16.41% |
| 2015 | 2015-12-31 | $1.7M | −$119,867 | −6.61% |
| 2014 | 2014-12-31 | $1.8M | −$1.1M | −37.80% |
| 2013 | 2013-12-31 | $2.9M | −$128,644 | −4.23% |
| 2012 | 2012-12-31 | $3.0M | −$1.2M | −28.83% |
| 2011 | 2011-12-31 | $4.3M | −$517,581 | −10.80% |
| 2010 | 2010-12-31 | $4.8M | $725,274 | +17.83% |
| 2009 | 2009-12-31 | $4.1M | — | — |
GeoVax Labs quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.1M | −$1.6M | −34.22% |
| Q1 2026 | 2026-03-31 | $3.9M | −$1.5M | −27.10% |
| Q4 2025 | 2025-12-31 | $3.0M | −$4.6M | −60.64% |
| Q3 2025 | 2025-09-30 | $5.0M | −$2.4M | −31.87% |
| Q2 2025 | 2025-06-30 | $4.7M | $452,130 | +10.57% |
| Q1 2025 | 2025-03-31 | $5.4M | $928,860 | +20.99% |
| Q4 2024 | 2024-12-31 | $7.6M | $1.4M | +22.04% |
| Q3 2024 | 2024-09-30 | $7.4M | $454,905 | +6.55% |
| Q2 2024 | 2024-06-30 | $4.3M | −$442,860 | −9.38% |
| Q1 2024 | 2024-03-31 | $4.4M | $1.6M | +56.99% |
| Q4 2023 | 2023-12-31 | $6.2M | $2.5M | +65.59% |
| Q3 2023 | 2023-09-30 | $6.9M | $4.2M | +155.33% |
| Q2 2023 | 2023-06-30 | $4.7M | $3.4M | +261.06% |
| Q1 2023 | 2023-03-31 | $2.8M | $1.5M | +111.88% |
| Q4 2022 | 2022-12-31 | $3.8M | −$9.1M | −70.80% |
| Q3 2022 | 2022-09-30 | $2.7M | $1.5M | +122.25% |
| Q2 2022 | 2022-06-30 | $1.3M | $474,342 | +56.96% |
| Q1 2022 | 2022-03-31 | $1.3M | $727,761 | +120.73% |
| Q4 2021 | 2021-12-31 | $12.9M | $12.1M | +1602.55% |
| Q3 2021 | 2021-09-30 | $1.2M | $807,606 | +193.78% |
| Q2 2021 | 2021-06-30 | $832,835 | $371,414 | +80.49% |
| Q1 2021 | 2021-03-31 | $602,783 | −$206,153 | −25.48% |
| Q4 2020 | 2020-12-31 | $757,346 | $321,250 | +73.66% |
| Q3 2020 | 2020-09-30 | $416,756 | −$50,918 | −10.89% |
| Q2 2020 | 2020-06-30 | $461,421 | $10,194 | +2.26% |
| Q1 2020 | 2020-03-31 | $808,936 | $253,218 | +45.57% |
| Q4 2019 | 2019-12-31 | $436,096 | −$25,664 | −5.56% |
| Q3 2019 | 2019-09-30 | $467,674 | −$90,022 | −16.14% |
| Q2 2019 | 2019-06-30 | $451,227 | $79,025 | +21.23% |
| Q1 2019 | 2019-03-31 | $555,718 | $68,724 | +14.11% |
| Q4 2018 | 2018-12-31 | $461,760 | $12,503 | +2.78% |
| Q3 2018 | 2018-09-30 | $557,696 | $59,496 | +11.94% |
| Q2 2018 | 2018-06-30 | $372,202 | −$145,896 | −28.16% |
| Q1 2018 | 2018-03-31 | $486,994 | −$64,801 | −11.74% |
| Q4 2017 | 2017-12-31 | $449,257 | −$2,083 | −0.46% |
| Q3 2017 | 2017-09-30 | $498,200 | −$185,739 | −27.16% |
| Q2 2017 | 2017-06-30 | $518,098 | $120,522 | +30.31% |
| Q1 2017 | 2017-03-31 | $551,795 | $113,791 | +25.98% |
| Q4 2016 | 2016-12-31 | $451,340 | −$74,959 | −14.24% |
| Q3 2016 | 2016-09-30 | $683,939 | $305,418 | +80.69% |
| Q2 2016 | 2016-06-30 | $397,576 | $12,923 | +3.36% |
| Q1 2016 | 2016-03-31 | $438,004 | $34,375 | +8.52% |
| Q4 2015 | 2015-12-31 | $526,299 | $57,890 | +12.36% |
| Q3 2015 | 2015-09-30 | $378,521 | −$46,977 | −11.04% |
| Q2 2015 | 2015-06-30 | $384,653 | −$131,549 | −25.48% |
| Q1 2015 | 2015-03-31 | $403,629 | $769 | +0.19% |
| Q4 2014 | 2014-12-31 | $468,409 | −$132,178 | −22.01% |
| Q3 2014 | 2014-09-30 | $425,498 | −$453,606 | −51.60% |
| Q2 2014 | 2014-06-30 | $516,202 | −$36,997 | −6.69% |
| Q1 2014 | 2014-03-31 | $402,860 | −$479,128 | −54.32% |
| Q4 2013 | 2013-12-31 | $600,587 | −$56,475 | −8.60% |
| Q3 2013 | 2013-09-30 | $879,104 | $277,414 | +46.11% |
| Q2 2013 | 2013-06-30 | $553,199 | −$159,217 | −22.35% |
| Q1 2013 | 2013-03-31 | $881,988 | −$190,366 | −17.75% |
| Q4 2012 | 2012-12-31 | $657,062 | −$305,456 | −31.74% |
| Q3 2012 | 2012-09-30 | $601,690 | −$488,248 | −44.80% |
| Q2 2012 | 2012-06-30 | $712,416 | −$673,036 | −48.58% |
| Q1 2012 | 2012-03-31 | $1.1M | $233,887 | +27.89% |
| Q4 2011 | 2011-12-31 | $962,518 | — | — |
| Q3 2011 | 2011-09-30 | $1.1M | $181,158 | +19.93% |
| Q2 2011 | 2011-06-30 | $1.4M | −$356,514 | −20.47% |
| Q1 2011 | 2011-03-31 | $838,467 | — | — |
| Q3 2010 | 2010-09-30 | $908,780 | — | — |
| Q2 2010 | 2010-06-30 | $1.7M | — | — |
GeoVax Labs r&d spending trends
Over the last five fiscal years, GeoVax Labs's r&d spending increased from $2.4M to $18.1M, a change of $15.7M. The latest reported quarter, Q2 2026, shows $3.1M.
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 GeoVax Labs source filings ↗