Quick Answer
Opthea Ltd reported R&D Expense of $126.83 million for fiscal year 2025.
Opthea Ltd R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $126.83M | -28.1% |
| 2024 | $176.33M | +36.9% |
| 2023 | $128.83M | +58.2% |
| 2022 | $81.45M | +214.6% |
| 2021 | $25.89M | +114.6% |
| 2020 | $12.06M | -46.2% |
| 2019 | $22.42M | — |
- Opthea Ltd showed a decrease of -28.1% in R&D Expense compared to the prior fiscal year.
- Over the 2019–2025 period, Opthea Ltd’s r&d expense has grown by 465.7% (from $22.42 million to $126.83 million).
- The most recent figure is from Opthea Ltd’s fiscal year 2025 report (Form 20-F), filed with the SEC on September 15, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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