Journey Medical (DERM) Research & Development (2021 - 2025)
Journey Medical (DERM) reported Research & Development of $154000.0 for Q4 2025, down 29.36% on a YoY basis from $218000.0 in Q4 2024, and down 46.34% quarter-over-quarter from $287000.0 in Q3 2025.
Journey Medical (DERM) Research & Development (2021 - 2025) Analysis & Trends
Journey Medical has reported Research & Development for 5 years, with the latest figure at $154000.0 in Q4 2025.
- For the quarter ending Q4 2025, Research & Development fell 29.36% year-over-year to $154000.0; the trailing twelve-month figure through Dec 2025 stood at $480000.0 (down 95.13% YoY), and the FY2025 full-year result was $480000.0, down 95.13% from the prior year.
- Research & Development for Q4 2025 stood at $154000.0, down from $287000.0 in the prior quarter.
- The five-year high for Research & Development was $7.9 million in Q1 2024, with the low at $29000.0 in Q2 2021.
- Historically, Research & Development has averaged $1.8 million across 5 years, with a median of $1.4 million in 2022.
- Annual changes were most pronounced in 2022 — Research & Development jumped 8896.55% — and 2025, when it tumbled 99.51%.
- Journey Medical's Research & Development stood at $2.0 million in 2021, then jumped by 113.65% to $4.3 million in 2022, then sank by 64.64% to $1.5 million in 2023, then tumbled by 85.51% to $218000.0 in 2024, then retreated by 29.36% to $154000.0 in 2025.
- The last three Research & Development figures came in at $154000.0 (Q4 2025), $287000.0 (Q3 2025), and $39000.0 (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 222.00 Mn |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 180.00 Mn |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 138.20 Mn |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 934,363.43 |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 296.20 Mn |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 97.00 Mn |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | 103.35 Mn |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 39.38 Mn |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 46.94 Mn |
| 10 | Journey Medical | 163.83 Mn | 136.61 Mn | 9.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 154,000.00 |
| Sep 30, 2025 | 287,000.00 |
| Mar 31, 2025 | 39,000.00 |
| Dec 31, 2024 | 218,000.00 |
| Sep 30, 2024 | 842,000.00 |
| Jun 30, 2024 | 913,000.00 |
| Mar 31, 2024 | 7.88 Mn |
| Dec 31, 2023 | 1.51 Mn |
| Sep 30, 2023 | 2.23 Mn |
| Jun 30, 2023 | 1.77 Mn |
| Mar 31, 2023 | 2.03 Mn |
| Dec 31, 2022 | 4.26 Mn |
| Sep 30, 2022 | 2.81 Mn |
| Jun 30, 2022 | 2.61 Mn |
| Mar 31, 2022 | 1.27 Mn |
| Dec 31, 2021 | 1.99 Mn |
| Sep 30, 2021 | 718,000.00 |
| Jun 30, 2021 | 29,000.00 |