Bright Minds Biosciences (DRUG) Research & Development (2020 - 2026)
Bright Minds Biosciences (DRUG) reported Research & Development of $9.5 million for Q1 2026, up 432.65% on a YoY basis from $1.8 million in Q1 2025, and up 134.39% quarter-over-quarter from $4.1 million in Q4 2025.
Bright Minds Biosciences (DRUG) Research & Development (2020 - 2026) Analysis & Trends
Bright Minds Biosciences has reported Research & Development for 7 years, with the latest figure at $9.5 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 432.65% year-over-year to $9.5 million; the trailing twelve-month figure through Mar 2026 stood at $19.0 million (up 683.14% YoY), and the FY2025 full-year result was $8.1 million, up 831.13% from the prior year.
- Research & Development for Q1 2026 stood at $9.5 million, up from $4.1 million in the prior quarter.
- The five-year high for Research & Development was $9.5 million in Q1 2026, with the low at -$414373.2 in Q2 2024.
- Historically, Research & Development has averaged $1.9 million across 5 years, with a median of $1.1 million in 2022.
- Annual changes were most pronounced in 2024 — Research & Development tumbled 152.98% — and 2025, when it surged 2188.44%.
- Bright Minds Biosciences' Research & Development stood at $1.1 million in 2022, then declined by 16.29% to $900190.9 in 2023, then dropped by 16.87% to $748325.8 in 2024, then soared by 442.43% to $4.1 million in 2025, then jumped by 134.39% to $9.5 million in 2026.
- The last three Research & Development figures came in at $9.5 million (Q1 2026), $4.1 million (Q4 2025), and $3.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 814,307.08 Bn | 814,307.05 Bn | - | 4.32 Mn |
| 2 | Belite Bio | 55,320.00 Bn | 55,320.00 Bn | - | 15.66 Mn |
| 3 | Quantum Biopharma | 17,149.72 Bn | 17,149.72 Bn | - | 626,092.00 |
| 4 | Legend Biotech | 3,590.00 Bn | 3,589.71 Bn | 242.10 Mn | -101.30 Mn |
| 5 | Akari Therapeutics | 1,650.72 Bn | 1,650.72 Bn | - | 1.46 Mn |
| 6 | Evaxion A | 1,522.09 Bn | 1,522.07 Bn | - | -2.30 Mn |
| 7 | Psyence Biomedical | 229.39 Bn | 229.38 Bn | - | 357,444.00 |
| 8 | Vertex Pharmaceuticals | 113.09 Bn | 105.85 Bn | 2.59 Bn | 961.60 Mn |
| 9 | Abivax | 90.15 Bn | 90.15 Bn | - | -58.00 Mn |
| 10 | Bright Minds Biosciences | 16.28 Bn | 16.22 Bn | - | 9.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |