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

Cybin (HELP) posted Research & Development of $28.9 million for Q1 2026, up 21.08% on a QoQ basis from $23.9 million in Q4 2025, and down 24.47% year-over-year from $38.2 million in Q1 2025.

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

Cybin's Research & Development history runs 7 years deep, the most recent figure standing at $28.9 million for 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 was $28.9 million for Q1 2026 at Cybin, up from $23.9 million in the prior quarter.
  • Across five years, Research & Development topped out at $38.2 million in Q1 2025 and bottomed at -$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.
  • Peak annual rise in Research & Development reached 245772.7% in 2024, while the deepest fall reached 99.83% in 2024.
  • Cybin's Research & Development stood at $6256.0 in 2022, then dropped by 12.66% to $5464.2 in 2023, then jumped by 245772.7% to $13.4 million in 2024, then soared by 77.57% to $23.9 million in 2025, then gained by 21.08% to $28.9 million in 2026.
  • Business Quant data shows HELP's Research & Development at $28.9 million in Q1 2026, $23.9 million in Q4 2025, and $18.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -17.94 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 1.46 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 541.22 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 15.66 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -443.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 343.97 Mn
10 Cybin 262.76 Mn 262.76 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