Virax Biolabs Group R&D Spending Growth & History (VRAX)

Virax Biolabs Group's r&d spending was $3.7M for fiscal 2026.

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Virax Biolabs Group annual r&d spending history

Virax Biolabs Group annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20262026-03-31$3.7M$2.0M+110.04%
20252025-03-31$1.8M$217,837+13.95%
20242024-03-31$1.6M−$617,376−28.33%
20232023-03-31$2.2M$1.7M+402.45%
20222022-03-31$433,743$313,522+260.79%
20212021-03-31$120,221

Virax Biolabs Group r&d spending trends

Over the last five fiscal years, Virax Biolabs Group's r&d spending increased from $120,221 to $3.7M, a change of $3.6M.

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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