Voyager Therapeutics annual r&d spending
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Voyager Therapeutics R&D Spending Growth & History (VYGR)
Voyager Therapeutics's r&d spending was $134.7M for fiscal 2025.
View full Voyager Therapeutics company overviewVoyager Therapeutics annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $134.7M | $7.3M | +5.74% |
| 2024 | 2024-12-31 | $127.4M | $35.2M | +38.19% |
| 2023 | 2023-12-31 | $92.2M | $31.4M | +51.69% |
| 2022 | 2022-12-31 | $60.8M | −$13.0M | −17.65% |
| 2021 | 2021-12-31 | $73.8M | −$35.0M | −32.15% |
| 2020 | 2020-12-31 | $108.8M | −$11.0M | −9.17% |
| 2019 | 2019-12-31 | $119.7M | $54.8M | +84.48% |
| 2018 | 2018-12-31 | $64.9M | $2.6M | +4.25% |
| 2017 | 2017-12-31 | $62.3M | $20.0M | +47.36% |
| 2016 | 2016-12-31 | $42.2M | $14.6M | +52.64% |
| 2015 | 2015-12-31 | $27.7M | $18.8M | +211.07% |
| 2014 | 2014-12-31 | $8.9M | — | — |
Voyager Therapeutics quarterly r&d spending
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Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $22.0M | −$9.3M | −29.65% |
| Q1 2026 | 2026-03-31 | $24.6M | −$6.9M | −21.96% |
| Q4 2025 | 2025-12-31 | $36.0M | $369,000 | +1.04% |
| Q3 2025 | 2025-09-30 | $35.9M | $5.6M | +18.60% |
| Q2 2025 | 2025-06-30 | $31.3M | −$3.1M | −9.06% |
| Q1 2025 | 2025-03-31 | $31.5M | $4.4M | +16.37% |
| Q4 2024 | 2024-12-31 | $35.6M | $9.8M | +38.15% |
| Q3 2024 | 2024-09-30 | $30.2M | $4.4M | +16.93% |
| Q2 2024 | 2024-06-30 | $34.5M | $12.5M | +56.71% |
| Q1 2024 | 2024-03-31 | $27.1M | $8.5M | +45.91% |
| Q4 2023 | 2023-12-31 | $25.8M | $11.2M | +77.01% |
| Q3 2023 | 2023-09-30 | $25.9M | $6.5M | +33.75% |
| Q2 2023 | 2023-06-30 | $22.0M | $9.5M | +75.50% |
| Q1 2023 | 2023-03-31 | $18.6M | $4.2M | +29.40% |
| Q4 2022 | 2022-12-31 | $14.6M | $529,000 | +3.77% |
| Q3 2022 | 2022-09-30 | $19.3M | $1.4M | +7.94% |
| Q2 2022 | 2022-06-30 | $12.5M | −$7.0M | −35.78% |
| Q1 2022 | 2022-03-31 | $14.3M | −$8.0M | −35.79% |
| Q4 2021 | 2021-12-31 | $14.0M | −$8.0M | −36.25% |
| Q3 2021 | 2021-09-30 | $17.9M | −$7.1M | −28.46% |
| Q2 2021 | 2021-06-30 | $19.5M | −$9.9M | −33.71% |
| Q1 2021 | 2021-03-31 | $22.3M | −$9.9M | −30.80% |
| Q4 2020 | 2020-12-31 | $22.0M | −$14.6M | −39.82% |
| Q3 2020 | 2020-09-30 | $25.0M | −$4.7M | −15.91% |
| Q2 2020 | 2020-06-30 | $29.4M | $847,000 | +2.96% |
| Q1 2020 | 2020-03-31 | $32.3M | $7.5M | +30.06% |
| Q4 2019 | 2019-12-31 | $36.6M | $19.6M | +116.11% |
| Q3 2019 | 2019-09-30 | $29.8M | $13.1M | +79.03% |
| Q2 2019 | 2019-06-30 | $28.6M | $12.1M | +73.11% |
| Q1 2019 | 2019-03-31 | $24.8M | $10.0M | +67.18% |
| Q4 2018 | 2018-12-31 | $16.9M | $3.6M | +26.91% |
| Q3 2018 | 2018-09-30 | $16.6M | −$2.9M | −14.97% |
| Q2 2018 | 2018-06-30 | $16.5M | $1.2M | +7.89% |
| Q1 2018 | 2018-03-31 | $14.9M | $781,000 | +5.55% |
| Q4 2017 | 2017-12-31 | $13.3M | $603,000 | +4.74% |
| Q3 2017 | 2017-09-30 | $19.6M | $9.3M | +89.75% |
| Q2 2017 | 2017-06-30 | $15.3M | $4.8M | +45.94% |
| Q1 2017 | 2017-03-31 | $14.1M | $5.3M | +61.15% |
| Q4 2016 | 2016-12-31 | $12.7M | $3.5M | +38.00% |
| Q3 2016 | 2016-09-30 | $10.3M | $3.8M | +59.06% |
| Q2 2016 | 2016-06-30 | $10.5M | $4.0M | +62.42% |
| Q1 2016 | 2016-03-31 | $8.7M | $3.2M | +58.10% |
| Q4 2015 | 2015-12-31 | $9.2M | — | — |
| Q3 2015 | 2015-09-30 | $6.5M | $4.1M | +170.15% |
| Q2 2015 | 2015-06-30 | $6.5M | — | — |
| Q1 2015 | 2015-03-31 | $5.5M | — | — |
| Q3 2014 | 2014-09-30 | $2.4M | — | — |
Voyager Therapeutics r&d spending trends
Over the last five fiscal years, Voyager Therapeutics's r&d spending increased from $108.8M to $134.7M, a change of $25.9M. The latest reported quarter, Q2 2026, shows $22.0M.
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.
Review Voyager Therapeutics source filings ↗