MeiraGTx Holdings (MGTX) Research & Development (2017 - 2025)

MeiraGTx Holdings (MGTX) reported Research & Development of $30.8 million for Q4 2025, up 28.46% on a YoY basis from $24.0 million in Q4 2024, and down 5.29% quarter-over-quarter from $32.5 million in Q3 2025.

MeiraGTx Holdings (MGTX) Research & Development (2017 - 2025) Analysis & Trends

MeiraGTx Holdings has reported Research & Development for 9 years, with the latest figure at $30.8 million in Q4 2025.

  • For the quarter ending Q4 2025, Research & Development rose 28.46% year-over-year to $30.8 million; the trailing twelve-month figure through Dec 2025 stood at $129.6 million (up 8.48% YoY), and the FY2025 full-year result was $129.6 million, up 8.48% from the prior year.
  • Research & Development for Q4 2025 stood at $30.8 million, down from $32.5 million in the prior quarter.
  • The five-year high for Research & Development was $34.9 million in Q2 2024, with the low at $13.2 million in Q4 2021.
  • Historically, Research & Development has averaged $25.3 million across 5 years, with a median of $24.0 million in 2022.
  • Annual changes were most pronounced in 2021 — Research & Development surged 367.21% — and 2024, when it decreased 28.76%.
  • MeiraGTx Holdings' Research & Development stood at $13.2 million in 2021, then jumped by 65.11% to $21.8 million in 2022, then jumped by 54.7% to $33.7 million in 2023, then declined by 28.76% to $24.0 million in 2024, then climbed by 28.46% to $30.8 million in 2025.
  • The last three Research & Development figures came in at $30.8 million (Q4 2025), $32.5 million (Q3 2025), and $33.5 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.32 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 15.66 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 626,092.00
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -101.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -2.30 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 1.46 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 357,444.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 961.60 Mn
9 Abivax 91.96 Bn 91.96 Bn - -58.00 Mn
10 MeiraGTx Holdings 910.47 Mn 844.54 Mn 74.89 Mn 30.81 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 30.81 Mn
Sep 30, 2025 32.53 Mn
Jun 30, 2025 33.50 Mn
Mar 31, 2025 32.78 Mn
Dec 31, 2024 23.99 Mn
Sep 30, 2024 26.24 Mn
Jun 30, 2024 34.93 Mn
Mar 31, 2024 34.32 Mn
Dec 31, 2023 33.67 Mn
Sep 30, 2023 27.86 Mn
Jun 30, 2023 19.94 Mn
Mar 31, 2023 22.32 Mn
Dec 31, 2022 21.77 Mn
Sep 30, 2022 16.86 Mn
Jun 30, 2022 24.00 Mn
Mar 31, 2022 23.10 Mn
Dec 31, 2021 13.18 Mn
Sep 30, 2021 21.61 Mn
Jun 30, 2021 15.19 Mn
Mar 31, 2021 16.71 Mn