MapLight Therapeutics MPLT
NASDAQ MPLT
$13.86 +0.72 (+5.48%)
As of: Sep 4, 2026 · 1:34 PM EDT

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

Historic Data

Download Data
DateValue
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