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
DateValue
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