Quick Answer
Alvotech reported R&D Expense of $184.19 million for fiscal year 2025.
Alvotech R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $184.19M | +7.5% |
| 2024 | $171.31M | -18.7% |
| 2023 | $210.83M | +16.7% |
| 2022 | $180.62M | -5.4% |
| 2021 | $191.01M | +29.0% |
| 2020 | $148.07M | — |
- Alvotech showed an increase of +7.5% in R&D Expense compared to the prior fiscal year.
- Over the 2020–2025 period, Alvotech’s r&d expense has grown by 24.4% (from $148.07 million to $184.19 million).
- The most recent figure is from Alvotech’s fiscal year 2025 report (Form 20-F), filed with the SEC on March 31, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
Last verified: