Catalyst Pharmaceuticals (CPRX) Research & Development (2010 - 2026)
Catalyst Pharmaceuticals (CPRX) reported Research & Development of $2.7 million for Q1 2026, down 31.54% on a YoY basis from $3.9 million in Q1 2025, and up 47.26% quarter-over-quarter from $1.8 million in Q4 2025.
Catalyst Pharmaceuticals (CPRX) Research & Development (2010 - 2026) Analysis & Trends
Catalyst Pharmaceuticals has reported Research & Development for 17 years, with the latest figure at $2.7 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 31.54% year-over-year to $2.7 million; the trailing twelve-month figure through Mar 2026 stood at $11.5 million (down 17.71% YoY), and the FY2025 full-year result was $12.7 million, changed 0.48% from the prior year.
- Research & Development for Q1 2026 stood at $2.7 million, up from $1.8 million in the prior quarter.
- The five-year high for Research & Development was $83.7 million in Q3 2023, with the low at $1.8 million in Q4 2025.
- Historically, Research & Development has averaged $8.3 million across 5 years, with a median of $3.6 million in 2023.
- Annual changes were most pronounced in 2023 — Research & Development surged 906.76% — and 2024, when it tumbled 96.07%.
- Catalyst Pharmaceuticals' Research & Development stood at $4.1 million in 2022, then plunged by 51.82% to $2.0 million in 2023, then surged by 92.6% to $3.8 million in 2024, then tumbled by 52.42% to $1.8 million in 2025, then surged by 47.26% to $2.7 million in 2026.
- The last three Research & Development figures came in at $2.7 million (Q1 2026), $1.8 million (Q4 2025), and $2.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.32 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 15.66 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 626,092.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -101.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -2.30 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 1.46 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 357,444.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 961.60 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -58.00 Mn |
| 10 | Catalyst Pharmaceuticals | 3.84 Bn | 3.08 Bn | 134.92 Mn | 2.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.66 Mn |
| Dec 31, 2025 | 1.81 Mn |
| Sep 30, 2025 | 2.66 Mn |
| Jun 30, 2025 | 4.36 Mn |
| Mar 31, 2025 | 3.89 Mn |
| Dec 31, 2024 | 3.80 Mn |
| Sep 30, 2024 | 3.28 Mn |
| Jun 30, 2024 | 2.99 Mn |
| Mar 31, 2024 | 2.58 Mn |
| Dec 31, 2023 | 1.97 Mn |
| Sep 30, 2023 | 83.66 Mn |
| Jun 30, 2023 | 3.95 Mn |
| Mar 31, 2023 | 3.56 Mn |
| Dec 31, 2022 | 4.09 Mn |
| Sep 30, 2022 | 8.31 Mn |
| Jun 30, 2022 | 3.98 Mn |
| Mar 31, 2022 | 3.40 Mn |
| Dec 31, 2021 | 4.99 Mn |
| Sep 30, 2021 | 4.49 Mn |
| Jun 30, 2021 | 4.45 Mn |