Journey Medical (DERM) Research & Development (2021 - 2025)

Journey Medical (DERM) posted Research & Development of $154000.0 for Q4 2025, down 46.34% on a QoQ basis from $287000.0 in Q3 2025, and down 29.36% year-over-year from $218000.0 in Q4 2024.

Journey Medical (DERM) Research & Development (2021 - 2025) Analysis & Trends

Journey Medical's Research & Development history runs 5 years deep, the most recent figure standing at $154000.0 for Q4 2025.

  • Quarterly Research & Development fell 29.36% year-over-year to $154000.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $480000.0 (down 95.13% YoY) and the FY2025 annual result came in at $480000.0, down 95.13% from the prior year.
  • Research & Development was $154000.0 for Q4 2025 at Journey Medical, down from $287000.0 in the prior quarter.
  • Across five years, Research & Development topped out at $7.9 million in Q1 2024 and bottomed at $29000.0 in Q2 2021.
  • A 5-year average of $1.8 million and a median of $1.4 million in 2022 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2022 — Research & Development jumped 8896.55% — and 2025, when it slumped 99.51%.
  • Journey Medical's Research & Development stood at $2.0 million in 2021, then soared by 113.65% to $4.3 million in 2022, then tumbled by 64.64% to $1.5 million in 2023, then sank by 85.51% to $218000.0 in 2024, then slipped by 29.36% to $154000.0 in 2025.
  • Business Quant data shows DERM's Research & Development at $154000.0 in Q4 2025, $287000.0 in Q3 2025, and $39000.0 in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Haleon 88.07 Bn 86.20 Bn - -
2 Teva Pharmaceutical Industries 35.75 Bn 32.01 Bn 1.97 Bn 696.00 Mn
3 Zoetis 31.84 Bn 29.90 Bn 1.62 Bn 180.00 Mn
4 Takeda Pharmaceutical 27.18 Bn 23.12 Bn 4.39 Bn 7.37 Bn
5 United Therapeutics 23.09 Bn 20.93 Bn 648.10 Mn 138.20 Mn
6 RedHill Biopharma 21.32 Bn 21.32 Bn - -
7 Viatris 19.96 Bn 18.16 Bn 1.16 Bn 248.60 Mn
8 Neurocrine Biosciences 17.66 Bn 16.34 Bn 800.70 Mn 296.20 Mn
9 Elanco Animal Health 12.44 Bn 12.02 Bn 785.00 Mn 97.00 Mn
10 Journey Medical 169.02 Mn 141.80 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