Bright Minds Biosciences DRUG
NASDAQ DRUG
$66.44 -1.57 (-2.32%)
As of: Sep 4, 2026 · 2:23 PM EDT

Bright Minds Biosciences (DRUG) Research & Development (2019 - 2026)

Bright Minds Biosciences' (DRUG) quarterly Research & Development came in at $9.5 million in Q1 2026, up 432.65% YoY from $1.8 million in Q1 2025, and up 134.39% on a QoQ basis from $4.1 million in Q4 2025.

Analysis

Bright Minds Biosciences (DRUG) Research & Development (2019 - 2026) Analysis & Trends

Bright Minds Biosciences (DRUG) has 7 years of Research & Development data on file, last reported at $9.5 million in 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 improved to $9.5 million in Q1 2026, from $4.1 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $9.5 million in Q1 2026 to a low of -$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 tumbled 152.98% — and 2025, when it surged 2188.44%.
  • Tracing DRUG's Research & Development over 5 years: 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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Vertex Pharmaceuticals 138.87 Bn 131.01 Bn 2.84 Bn 993.80 Mn
2 Regeneron Pharmaceuticals 85.57 Bn 77.57 Bn 3.93 Bn 1.63 Bn
3 Argenx Se 63.51 Bn 58.32 Bn 1.37 Bn -486.00 Mn
4 Moderna 58.19 Bn 53.05 Bn 52.00 Mn 651.00 Mn
5 Revolution Medicines 44.07 Bn 44.07 Bn - 394.92 Mn
6 BeOne Medicines 39.99 Bn 34.89 Bn 1.53 Bn 612.28 Mn
7 Alnylam Pharmaceuticals 35.38 Bn 32.07 Bn 992.69 Mn 413.13 Mn
8 Royalty Pharma 28.42 Bn 27.58 Bn - 97.90 Mn
9 Insmed 27.41 Bn 26.25 Bn 358.27 Mn 210.03 Mn
10 Bright Minds Biosciences 455.67 Mn 233.13 Mn - 6.69 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 6.69 Mn
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