Vanda Pharmaceuticals annual r&d spending
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2025
Vanda Pharmaceuticals R&D Spending Growth & History (VNDA)
Vanda Pharmaceuticals's r&d spending was $109.3M for fiscal 2025.
View full Vanda Pharmaceuticals company overviewVanda Pharmaceuticals annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $109.3M | $34.8M | +46.81% |
| 2024 | 2024-12-31 | $74.4M | −$2.4M | −3.11% |
| 2023 | 2023-12-31 | $76.8M | −$8.9M | −10.43% |
| 2022 | 2022-12-31 | $85.8M | $10.4M | +13.81% |
| 2021 | 2021-12-31 | $75.4M | $19.8M | +35.60% |
| 2020 | 2020-12-31 | $55.6M | $6.9M | +14.24% |
| 2019 | 2019-12-31 | $48.6M | $5.1M | +11.60% |
| 2018 | 2018-12-31 | $43.6M | $5.0M | +13.09% |
| 2017 | 2017-12-31 | $38.5M | $9.4M | +32.21% |
| 2016 | 2016-12-31 | $29.2M | $11,000 | +0.04% |
| 2015 | 2015-12-31 | $29.1M | $9.9M | +51.56% |
| 2014 | 2014-12-31 | $19.2M | −$9.3M | −32.53% |
| 2013 | 2013-12-31 | $28.5M | −$17.3M | −37.72% |
| 2012 | 2012-12-31 | $45.8M | $16.8M | +57.83% |
| 2011 | 2011-12-31 | $29.0M | $16.7M | +135.01% |
| 2010 | 2010-12-31 | $12.3M | −$1.5M | −11.07% |
| 2009 | 2009-12-31 | $13.9M | — | — |
Vanda Pharmaceuticals quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $37.0M | $15.0M | +68.04% |
| Q1 2026 | 2026-03-31 | $28.4M | −$7.3M | −20.38% |
| Q4 2025 | 2025-12-31 | $29.0M | $9.2M | +46.20% |
| Q3 2025 | 2025-09-30 | $22.6M | $5.8M | +34.50% |
| Q2 2025 | 2025-06-30 | $22.0M | $5.3M | +31.98% |
| Q1 2025 | 2025-03-31 | $35.7M | $14.6M | +68.82% |
| Q4 2024 | 2024-12-31 | $19.8M | −$4.5M | −18.48% |
| Q3 2024 | 2024-09-30 | $16.8M | $176,000 | +1.06% |
| Q2 2024 | 2024-06-30 | $16.7M | $14,000 | +0.08% |
| Q1 2024 | 2024-03-31 | $21.2M | $1.9M | +9.97% |
| Q4 2023 | 2023-12-31 | $24.3M | $5.9M | +31.89% |
| Q3 2023 | 2023-09-30 | $16.6M | −$8.3M | −33.22% |
| Q2 2023 | 2023-06-30 | $16.6M | −$4.8M | −22.54% |
| Q1 2023 | 2023-03-31 | $19.2M | −$1.7M | −8.26% |
| Q4 2022 | 2022-12-31 | $18.5M | −$877,000 | −4.54% |
| Q3 2022 | 2022-09-30 | $24.9M | $5.2M | +26.48% |
| Q2 2022 | 2022-06-30 | $21.5M | $1.2M | +6.13% |
| Q1 2022 | 2022-03-31 | $21.0M | $4.8M | +29.99% |
| Q4 2021 | 2021-12-31 | $19.3M | $4.5M | +30.18% |
| Q3 2021 | 2021-09-30 | $19.7M | $7.4M | +59.81% |
| Q2 2021 | 2021-06-30 | $20.2M | $7.3M | +56.92% |
| Q1 2021 | 2021-03-31 | $16.1M | $604,000 | +3.89% |
| Q4 2020 | 2020-12-31 | $14.8M | $1.8M | +13.58% |
| Q3 2020 | 2020-09-30 | $12.3M | $951,000 | +8.38% |
| Q2 2020 | 2020-06-30 | $12.9M | $2.0M | +17.84% |
| Q1 2020 | 2020-03-31 | $15.5M | $2.2M | +16.94% |
| Q4 2019 | 2019-12-31 | $13.1M | $152,000 | +1.18% |
| Q3 2019 | 2019-09-30 | $11.3M | −$43,000 | −0.38% |
| Q2 2019 | 2019-06-30 | $10.9M | $1.1M | +10.99% |
| Q1 2019 | 2019-03-31 | $13.3M | $3.9M | +41.02% |
| Q4 2018 | 2018-12-31 | $12.9M | $2.8M | +27.26% |
| Q3 2018 | 2018-09-30 | $11.4M | $1.2M | +11.91% |
| Q2 2018 | 2018-06-30 | $9.9M | $2.2M | +29.00% |
| Q1 2018 | 2018-03-31 | $9.4M | −$1.2M | −10.89% |
| Q4 2017 | 2017-12-31 | $10.2M | $2.5M | +33.36% |
| Q3 2017 | 2017-09-30 | $10.2M | $2.9M | +39.54% |
| Q2 2017 | 2017-06-30 | $7.6M | $948,000 | +14.15% |
| Q1 2017 | 2017-03-31 | $10.6M | $3.0M | +40.00% |
| Q4 2016 | 2016-12-31 | $7.6M | −$1.1M | −12.95% |
| Q3 2016 | 2016-09-30 | $7.3M | −$2.7M | −26.87% |
| Q2 2016 | 2016-06-30 | $6.7M | $754,000 | +12.68% |
| Q1 2016 | 2016-03-31 | $7.5M | $3.1M | +68.56% |
| Q4 2015 | 2015-12-31 | $8.7M | $4.0M | +84.07% |
| Q3 2015 | 2015-09-30 | $10.0M | $6.3M | +169.49% |
| Q2 2015 | 2015-06-30 | $5.9M | $2.4M | +69.21% |
| Q1 2015 | 2015-03-31 | $4.5M | −$2.8M | −38.35% |
| Q4 2014 | 2014-12-31 | $4.8M | −$1.5M | −24.20% |
| Q3 2014 | 2014-09-30 | $3.7M | −$4.3M | −53.86% |
| Q2 2014 | 2014-06-30 | $3.5M | −$2.6M | −42.39% |
| Q1 2014 | 2014-03-31 | $7.3M | −$848,000 | −10.45% |
| Q4 2013 | 2013-12-31 | $6.3M | −$4.7M | −42.67% |
| Q3 2013 | 2013-09-30 | $8.0M | −$2.1M | −21.04% |
| Q2 2013 | 2013-06-30 | $6.1M | −$6.4M | −51.16% |
| Q1 2013 | 2013-03-31 | $8.1M | −$4.1M | −33.41% |
| Q4 2012 | 2012-12-31 | $10.9M | $379,000 | +3.59% |
| Q3 2012 | 2012-09-30 | $10.2M | $2.0M | +24.28% |
| Q2 2012 | 2012-06-30 | $12.5M | $6.5M | +108.20% |
| Q1 2012 | 2012-03-31 | $12.2M | $7.9M | +185.45% |
| Q4 2011 | 2011-12-31 | $10.6M | — | — |
| Q3 2011 | 2011-09-30 | $8.2M | $4.1M | +100.74% |
| Q2 2011 | 2011-06-30 | $6.0M | $3.6M | +149.65% |
| Q1 2011 | 2011-03-31 | $4.3M | — | — |
| Q3 2010 | 2010-09-30 | $4.1M | — | — |
| Q2 2010 | 2010-06-30 | $2.4M | — | — |
Vanda Pharmaceuticals r&d spending trends
Over the last five fiscal years, Vanda Pharmaceuticals's r&d spending increased from $55.6M to $109.3M, a change of $53.7M. The latest reported quarter, Q2 2026, shows $37.0M.
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.
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