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.
Analysis
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.27 Bn | 131.42 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.55 Bn | 77.56 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 63.45 Bn | 58.27 Bn | 1.37 Bn | -1.05 Bn |
| 4 | Moderna | 57.73 Bn | 52.59 Bn | 52.00 Mn | 960.00 Mn |
| 5 | Revolution Medicines | 44.08 Bn | 44.08 Bn | - | 505.13 Mn |
| 6 | BeOne Medicines | 39.95 Bn | 34.85 Bn | 1.53 Bn | 1.21 Bn |
| 7 | Alnylam Pharmaceuticals | 35.14 Bn | 31.84 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Royalty Pharma | 28.44 Bn | 27.60 Bn | - | 541.02 Mn |
| 9 | Insmed | 27.32 Bn | 26.16 Bn | 358.27 Mn | 427.03 Mn |
| 10 | MapLight Therapeutics | 628.32 Mn | 628.32 Mn | - | 63.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.55 Mn |
| Dec 31, 2025 | 83.38 Mn |
| Sep 30, 2025 | 31.50 Mn |
| Jun 30, 2025 | 30.66 Mn |
| Dec 31, 2024 | 22.78 Mn |
| Sep 30, 2024 | 20.89 Mn |