MapLight Therapeutics (MPLT) Operating Expenses (2024 - 2025)

MapLight Therapeutics' (MPLT) quarterly Operating Expenses came in at $173.2 million in Q4 2025, up 660.35% year-on-year from $22.8 million in Q4 2024, and up 449.83% quarter-over-quarter from $31.5 million in Q3 2025.

MapLight Therapeutics (MPLT) Operating Expenses (2024 - 2025) Analysis & Trends

MapLight Therapeutics has disclosed Operating Expenses across 2 years of filings, most recently posting $173.2 million for Q4 2025.

  • Operating Expenses for Q4 2025 came in at $173.2 million, up 660.35% year-over-year; the trailing twelve-month figure through Dec 2025 was $248.4 million (changed N/A YoY), and the FY2025 annual result was $169.1 million, up 103.85% from the prior year.
  • Operating Expenses came in at $173.2 million for Q4 2025 at MapLight Therapeutics, up from $31.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $173.2 million in Q4 2025 to a low of $20.9 million in Q3 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 MapLight Therapeutics 248.88 Mn 248.88 Mn - 173.19 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 173.19 Mn
Sep 30, 2025 31.50 Mn
Dec 31, 2024 22.78 Mn
Sep 30, 2024 20.89 Mn