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
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