Immatics N.V annual r&d spending
2018
2019
2020
2021
2022
2023
2024
2025
Immatics N.V R&D Spending Growth & History (IMTX)
Immatics N.V's r&d spending was €183.8M for fiscal 2025.
View full Immatics N.V company overviewImmatics N.V annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €183.8M | €35.8M | +24.14% |
| 2024 | 2024-12-31 | €148.1M | €29.4M | +24.79% |
| 2023 | 2023-12-31 | €118.7M | €11.9M | +11.13% |
| 2022 | 2022-12-31 | €106.8M | €19.2M | +21.93% |
| 2021 | 2021-12-31 | €87.6M | €20.5M | +30.54% |
| 2020 | 2020-12-31 | €67.1M | €27.0M | +67.33% |
| 2019 | 2019-12-31 | €40.1M | €6.1M | +18.02% |
| 2018 | 2018-12-31 | €34.0M | — | — |
Immatics N.V quarterly r&d spending
Q2.20
Q2.21
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 | €62.4M | €17.3M | +38.37% |
| Q1 2026 | 2026-03-31 | €59.2M | €17.3M | +41.23% |
| Q4 2025 | 2025-12-31 | €49.6M | — | — |
| Q3 2025 | 2025-09-30 | €47.2M | — | — |
| Q2 2025 | 2025-06-30 | €45.1M | €9.9M | +28.08% |
| Q1 2025 | 2025-03-31 | €41.9M | — | — |
| Q2 2024 | 2024-06-30 | €35.2M | €7.9M | +28.92% |
| Q2 2023 | 2023-06-30 | €27.3M | €2.1M | +8.33% |
| Q2 2022 | 2022-06-30 | €25.2M | €4.9M | +23.97% |
| Q2 2021 | 2021-06-30 | €20.3M | €3.8M | +23.24% |
| Q2 2020 | 2020-06-30 | €16.5M | — | — |
Immatics N.V r&d spending trends
Over the last five fiscal years, Immatics N.V's r&d spending increased from €67.1M to €183.8M, a change of €116.7M. The latest reported quarter, Q2 2026, shows €62.4M.
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 Immatics N.V source filings ↗