MapLight Therapeutics (MPLT) Research & Development (2024 - 2026)
MapLight Therapeutics (MPLT) posted Research & Development of $64.6 million for Q4 2025, up 138.51% sequentially from $27.1 million in Q3 2025, and up 211.99% YoY from $20.7 million in Q4 2024.
Analysis
MapLight Therapeutics (MPLT) Research & Development (2024 - 2026) Analysis & Trends
MapLight Therapeutics has reported Research & Development for 2 years, with the latest figure at $64.6 million in Q4 2025.
- Quarterly Research & Development rose 211.99% year-over-year to $64.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $129.2 million (changed N/A YoY) and the FY2025 annual result came in at $138.3 million, up 101.9% from the prior year.
- Research & Development advanced to $64.6 million in Q4 2025 per MPLT's latest filing, from $27.1 million in the prior quarter.
- Over five years, Research & Development peaked at $64.6 million in Q4 2025 and troughed at $16.8 million in Q3 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.51 Bn | 130.66 Bn | 2.84 Bn | 993.80 Mn |
| 2 | Regeneron Pharmaceuticals | 85.24 Bn | 77.25 Bn | 3.93 Bn | 1.63 Bn |
| 3 | Argenx Se | 63.46 Bn | 58.28 Bn | 1.37 Bn | -486.00 Mn |
| 4 | Moderna | 57.89 Bn | 52.75 Bn | 52.00 Mn | 651.00 Mn |
| 5 | Revolution Medicines | 44.02 Bn | 44.02 Bn | - | 394.92 Mn |
| 6 | BeOne Medicines | 39.95 Bn | 34.85 Bn | 1.53 Bn | 612.28 Mn |
| 7 | Alnylam Pharmaceuticals | 35.49 Bn | 32.19 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Royalty Pharma | 28.43 Bn | 27.59 Bn | - | 97.90 Mn |
| 9 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | 210.03 Mn |
| 10 | MapLight Therapeutics | 636.95 Mn | 636.95 Mn | - | 53.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.44 Mn |
| Dec 31, 2025 | 64.62 Mn |
| Sep 30, 2025 | 27.09 Mn |
| Jun 30, 2025 | 26.85 Mn |
| Dec 31, 2024 | 20.71 Mn |
| Sep 30, 2024 | 16.81 Mn |