Bright Minds Biosciences DRUG
NASDAQ DRUG
$66.27 -1.75 (-2.57%)
As of: Sep 4, 2026 · 2:27 PM EDT

Bright Minds Biosciences (DRUG) Operating Expenses (2019 - 2026)

Bright Minds Biosciences' (DRUG) quarterly Operating Expenses came in at -$9.6 million in Q1 2026, down 508.37% YoY from $2.3 million in Q1 2025, and down 59.5% on a QoQ basis from -$6.0 million in Q4 2025.

Analysis

Bright Minds Biosciences (DRUG) Operating Expenses (2019 - 2026) Analysis & Trends

Bright Minds Biosciences (DRUG) has 7 years of Operating Expenses data on file, last reported at -$9.6 million in Q1 2026.

  • Quarterly Operating Expenses fell 508.37% year-over-year to -$9.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$3.1 million (down 199.7% YoY) and the FY2025 annual result came in at $10.0 million, up 381.22% from the prior year.
  • Operating Expenses eased to -$9.6 million in Q1 2026, from -$6.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $16.8 million in Q3 2025 to a low of -$9.6 million in Q1 2026.
  • A 5-year average of $755460.1 and a median of $951047.2 in 2023 frame the typical range for Operating Expenses.
  • The widest YoY moves for Operating Expenses: up 2842.82% in 2025, down 18642.06% in 2025.
  • Tracing DRUG's Operating Expenses over 5 years: stood at $1.1 million in 2022, then retreated by 15.2% to $951047.2 in 2023, then tumbled by 96.59% to $32422.2 in 2024, then tumbled by 18642.06% to -$6.0 million in 2025, then plunged by 59.5% to -$9.6 million in 2026.
  • The last three Operating Expenses figures came in at -$9.6 million (Q1 2026), -$6.0 million (Q4 2025), and $16.8 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vertex Pharmaceuticals 138.78 Bn 130.92 Bn 2.84 Bn 2.09 Bn
2 Regeneron Pharmaceuticals 85.50 Bn 77.51 Bn 3.93 Bn 3.00 Bn
3 Argenx Se 63.51 Bn 58.32 Bn 1.37 Bn -1.05 Bn
4 Moderna 58.06 Bn 52.92 Bn 52.00 Mn 960.00 Mn
5 Revolution Medicines 44.04 Bn 44.04 Bn - 505.13 Mn
6 BeOne Medicines 40.04 Bn 34.94 Bn 1.53 Bn 1.21 Bn
7 Alnylam Pharmaceuticals 35.45 Bn 32.14 Bn 992.69 Mn 1.06 Bn
8 Royalty Pharma 28.41 Bn 27.57 Bn - 541.02 Mn
9 Insmed 27.42 Bn 26.26 Bn 358.27 Mn 427.03 Mn
10 Bright Minds Biosciences 455.81 Mn 233.27 Mn - 6.97 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 6.97 Mn
Mar 31, 2026 10.06 Mn
Dec 31, 2025 4.31 Mn
Sep 30, 2025 3.67 Mn
Jun 30, 2025 2.06 Mn
Mar 31, 2025 1.98 Mn
Dec 31, 2024 803,852.77
Sep 30, 2024 340,488.65
Jun 30, 2024 -354,971.66
Mar 31, 2024 119,587.83
Dec 31, 2023 951,047.22
Sep 30, 2023 779,792.73
Jun 30, 2023 873,040.99
Mar 31, 2023 1.14 Mn
Dec 31, 2022 1.12 Mn
Sep 30, 2022 2.03 Mn
Jun 30, 2022 1.68 Mn
Mar 31, 2022 3.01 Mn
Dec 31, 2021 3.22 Mn
Sep 30, 2021 1.83 Mn