Cybin (HELP) Research & Development (2020 - 2026)

Cybin's (HELP) quarterly Research & Development came in at $28.9 million in Q1 2026, down 24.47% YoY from $38.2 million in Q1 2025, and up 21.08% on a QoQ basis from $23.9 million in Q4 2025.

Cybin (HELP) Research & Development (2020 - 2026) Analysis & Trends

Cybin (HELP) has 7 years of Research & Development data on file, last reported at $28.9 million in Q1 2026.

  • Quarterly Research & Development fell 24.47% year-over-year to $28.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $86.6 million (up 48.35% YoY) and the FY2026 annual result came in at $86.6 million, up 120.83% from the prior year.
  • Research & Development improved to $28.9 million in Q1 2026, from $23.9 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $38.2 million in Q1 2025 to a low of -$278040.9 in Q1 2023.
  • A 5-year average of $10.3 million and a median of $4.8 million in 2023 frame the typical range for Research & Development.
  • The widest YoY moves for Research & Development: up 245772.7% in 2024, down 99.83% in 2024.
  • Tracing HELP's Research & Development over 5 years: stood at $6256.0 in 2022, then decreased by 12.66% to $5464.2 in 2023, then surged by 245772.7% to $13.4 million in 2024, then jumped by 77.57% to $23.9 million in 2025, then increased by 21.08% to $28.9 million in 2026.
  • The last three Research & Development figures came in at $28.9 million (Q1 2026), $23.9 million (Q4 2025), and $18.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 993.80 Mn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 1.63 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 1.37 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn - 394.92 Mn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 612.28 Mn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn 1,146.05
7 Royalty Pharma 33.72 Bn 35.84 Bn - 97.90 Mn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 413.13 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn 210.03 Mn
10 Cybin 417.29 Mn 417.29 Mn - 28.89 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 28.89 Mn
Dec 31, 2025 23.86 Mn
Sep 30, 2025 18.85 Mn
Jun 30, 2025 15.00 Mn
Mar 31, 2025 38.24 Mn
Dec 31, 2024 13.44 Mn
Sep 30, 2024 6.68 Mn
Jun 30, 2024 8,041.00
Mar 31, 2024 24.00 Mn
Dec 31, 2023 5,464.21
Sep 30, 2023 4,994.75
Jun 30, 2023 4.75 Mn
Feb 28, 2023 -278,040.91
Dec 31, 2022 6,256.00
Sep 30, 2022 5,141.00
May 31, 2022 1.64 Mn
Mar 31, 2022 5,829.00
Dec 31, 2021 4,963.00
Sep 30, 2021 3.03 Mn
Jun 30, 2021 2,421.06