Bright Minds Biosciences (DRUG) Research & Development (2020 - 2026)

Bright Minds Biosciences (DRUG) posted Research & Development of $9.5 million for Q1 2026, up 134.39% on a QoQ basis from $4.1 million in Q4 2025, and up 432.65% year-over-year from $1.8 million in Q1 2025.

Bright Minds Biosciences (DRUG) Research & Development (2020 - 2026) Analysis & Trends

Bright Minds Biosciences' Research & Development history runs 7 years deep, the most recent figure standing at $9.5 million for Q1 2026.

  • Quarterly Research & Development rose 432.65% year-over-year to $9.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $19.0 million (up 683.14% YoY) and the FY2025 annual result came in at $8.1 million, up 831.13% from the prior year.
  • Research & Development was $9.5 million for Q1 2026 at Bright Minds Biosciences, up from $4.1 million in the prior quarter.
  • Across five years, Research & Development topped out at $9.5 million in Q1 2026 and bottomed at -$414373.2 in Q2 2024.
  • A 5-year average of $1.9 million and a median of $1.1 million in 2022 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2024 — Research & Development slumped 152.98% — and 2025, when it surged 2188.44%.
  • Bright Minds Biosciences' Research & Development stood at $1.1 million in 2022, then retreated by 16.29% to $900190.9 in 2023, then fell by 16.87% to $748325.8 in 2024, then surged by 442.43% to $4.1 million in 2025, then soared by 134.39% to $9.5 million in 2026.
  • Business Quant data shows DRUG's Research & Development at $9.5 million in Q1 2026, $4.1 million in Q4 2025, and $3.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -17.94 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 541.22 Mn
4 NuCana 279.75 Bn 279.75 Bn - -2.31 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 15.66 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 1.37 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 343.97 Mn
10 Bright Minds Biosciences 498.53 Mn 498.53 Mn - 9.51 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 9.51 Mn
Dec 31, 2025 4.06 Mn
Sep 30, 2025 3.48 Mn
Jun 30, 2025 1.94 Mn
Mar 31, 2025 1.79 Mn
Dec 31, 2024 748,325.78
Sep 30, 2024 304,990.54
Jun 30, 2024 -414,373.17
Mar 31, 2024 78,055.47
Dec 31, 2023 900,190.92
Sep 30, 2023 814,045.11
Jun 30, 2023 782,185.04
Mar 31, 2023 1.03 Mn
Dec 31, 2022 1.08 Mn
Sep 30, 2022 1.95 Mn
Jun 30, 2022 1.61 Mn
Mar 31, 2022 2.96 Mn
Dec 31, 2021 3.05 Mn
Sep 30, 2021 1.75 Mn
Jun 30, 2021 2.20 Mn