Relmada Therapeutics (RLMD) Research & Development (2014 - 2026)
Relmada Therapeutics (RLMD) posted quarterly Research & Development of $8.1 million for Q1 2026, down 32.33% year-over-year from $12.0 million in Q1 2025, and little changed quarter-over-quarter from $8.1 million in Q4 2025.
Analysis
Relmada Therapeutics (RLMD) Research & Development (2014 - 2026) Analysis & Trends
Relmada Therapeutics (RLMD) has reported Research & Development for 13 consecutive years, with $8.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 32.33% year-over-year to $8.1 million; the TTM figure through Mar 2026 stood at $23.0 million (down 48.65% YoY), while the FY2025 annual figure was $26.9 million, down 41.79% from the prior year.
- Research & Development was little changed at $8.1 million in Q1 2026 per RLMD's latest filing, from $8.1 million in the prior quarter.
- Across five years, Research & Development topped out at $30.9 million in Q2 2022 and bottomed at $2.8 million in Q2 2025.
- Historically, Research & Development has averaged $14.7 million across 5 years, with a median of $12.0 million in 2025.
- Annual changes were most pronounced in 2022 — Research & Development jumped 78.38% — and 2025, when it sank 73.7%.
- Relmada Therapeutics' Research & Development stood at $26.9 million in 2022, then slumped by 45.1% to $14.8 million in 2023, then dropped by 25.43% to $11.0 million in 2024, then fell by 26.61% to $8.1 million in 2025, then advanced by 0.19% to $8.1 million in 2026.
- Business Quant data shows RLMD's Research & Development at $8.1 million in Q1 2026, $8.1 million in Q4 2025, and $4.0 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 993.80 Mn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 1.63 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -486.00 Mn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 651.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 394.92 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 612.28 Mn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 97.90 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 210.03 Mn |
| 10 | Relmada Therapeutics | 498.39 Mn | 498.39 Mn | - | 8.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.39 Mn |
| Mar 31, 2026 | 8.09 Mn |
| Dec 31, 2025 | 8.07 Mn |
| Sep 30, 2025 | 4.04 Mn |
| Jun 30, 2025 | 2.82 Mn |
| Mar 31, 2025 | 11.95 Mn |
| Dec 31, 2024 | 11.00 Mn |
| Sep 30, 2024 | 11.15 Mn |
| Jun 30, 2024 | 10.72 Mn |
| Mar 31, 2024 | 13.31 Mn |
| Dec 31, 2023 | 14.75 Mn |
| Sep 30, 2023 | 10.45 Mn |
| Jun 30, 2023 | 13.74 Mn |
| Mar 31, 2023 | 15.86 Mn |
| Dec 31, 2022 | 26.87 Mn |
| Sep 30, 2022 | 30.53 Mn |
| Jun 30, 2022 | 30.91 Mn |
| Mar 31, 2022 | 25.01 Mn |
| Dec 31, 2021 | 25.27 Mn |
| Sep 30, 2021 | 33.99 Mn |