MapLight Therapeutics (MPLT) Operating Expenses (2024 - 2026)
MapLight Therapeutics (MPLT) posted Operating Expenses of -$93.6 million for Q4 2025, down 397.28% sequentially from $31.5 million in Q3 2025, and down 207.92% YoY from $86.8 million in Q4 2024.
MapLight Therapeutics (MPLT) Operating Expenses (2024 - 2026) Analysis & Trends
MapLight Therapeutics has reported Operating Expenses for 2 years, with the latest figure at -$93.6 million in Q4 2025.
- Quarterly Operating Expenses fell 207.92% year-over-year to -$93.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $45.5 million (changed N/A YoY) and the FY2025 annual result came in at -$7.9 million, down 109.56% from the prior year.
- Operating Expenses retreated to -$93.6 million in Q4 2025 per MPLT's latest filing, from $31.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $86.8 million in Q4 2024 and troughed at -$93.6 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | 2.89 Bn |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | 505.13 Mn |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 1.21 Bn |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | 4,978.15 |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | 541.02 Mn |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | 1.06 Bn |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | 427.03 Mn |
| 10 | MapLight Therapeutics | 533.88 Mn | 533.88 Mn | - | 63.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 63.55 Mn |
| Dec 31, 2025 | -93.64 Mn |
| Sep 30, 2025 | 31.50 Mn |
| Dec 31, 2024 | 86.76 Mn |
| Sep 30, 2024 | 20.89 Mn |