Bright Minds Biosciences (DRUG) Operating Expenses (2020 - 2026)
Bright Minds Biosciences (DRUG) reported Operating Expenses of -$9.6 million for Q1 2026, down 508.37% on a YoY basis from $2.3 million in Q1 2025, and down 59.5% quarter-over-quarter from -$6.0 million in Q4 2025.
Bright Minds Biosciences (DRUG) Operating Expenses (2020 - 2026) Analysis & Trends
Bright Minds Biosciences has reported Operating Expenses for 7 years, with the latest figure at -$9.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 508.37% year-over-year to -$9.6 million; the trailing twelve-month figure through Mar 2026 stood at -$3.1 million (down 199.7% YoY), and the FY2025 full-year result was $10.0 million, up 381.22% from the prior year.
- Operating Expenses for Q1 2026 stood at -$9.6 million, down from -$6.0 million in the prior quarter.
- The five-year high for Operating Expenses was $16.8 million in Q3 2025, with the low at -$9.6 million in Q1 2026.
- Historically, Operating Expenses has averaged $706999.0 across 5 years, with a median of $873041.0 in 2023.
- The largest YoY upside for Operating Expenses was 2842.82% in 2025 against a maximum downside of 18642.06% in 2025.
- Bright Minds Biosciences' Operating Expenses 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 814,307.08 Bn | 814,307.05 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 55,320.00 Bn | 55,320.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,149.72 Bn | 17,149.72 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 3,590.00 Bn | 3,589.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Akari Therapeutics | 1,650.72 Bn | 1,650.72 Bn | - | 15.76 Mn |
| 6 | Evaxion A | 1,522.09 Bn | 1,522.07 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 229.39 Bn | 229.38 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 113.09 Bn | 105.85 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 90.15 Bn | 90.15 Bn | - | -67.40 Mn |
| 10 | Bright Minds Biosciences | 16.28 Bn | 16.22 Bn | - | -9.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -9.59 Mn |
| Dec 31, 2025 | -6.01 Mn |
| Sep 30, 2025 | 16.81 Mn |
| Jun 30, 2025 | -4.31 Mn |
| Mar 31, 2025 | 2.35 Mn |
| Dec 31, 2024 | 32,422.24 |
| Sep 30, 2024 | 571,377.01 |
| Jun 30, 2024 | 157,133.80 |
| Mar 31, 2024 | 426,077.62 |
| 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 |
| Jun 30, 2021 | 2.25 Mn |