KalVista Pharmaceuticals, Inc.KALVNASDAQ
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R&D Expenses Over TimeContracting
Percentile Rank69
3Y CAGR-11.5%
5Y CAGR+6.1%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
-11.5%/yr
vs +23.0%/yr prior
5Y CAGR
+6.1%/yr
Recent deceleration
Acceleration
-34.5pp
Decelerating
Percentile
P69
Within normal range
vs 5Y Ago
1.3x
Solid growth
Streak
2 yr
Consecutive declineContracting
PeriodValueYoY Change
TTM$55.64M-22.4%
2025$71.71M-16.8%
2024$86.17M+7.3%
2023$80.28M+14.4%
2022$70.17M+70.0%
2021$41.29M+2.7%
2020$40.19M+14.8%
2019$35.02M+92.0%
2018$18.24M+44.0%
2017$12.67M-