Supernus Pharmaceuticals (SUPN) Research & Development (2011 - 2025)
Supernus Pharmaceuticals (SUPN) reported Research & Development of $27.8 million for Q4 2025, down 2.86% year-over-year from $28.6 million in Q4 2024, and down 5.24% quarter-over-quarter from $29.4 million in Q3 2025.
Supernus Pharmaceuticals (SUPN) Research & Development (2011 - 2025) Analysis & Trends
Supernus Pharmaceuticals (SUPN) has 15 years of Research & Development data on file, last reported at $27.8 million in Q4 2025.
- Research & Development for Q4 2025 came in at $27.8 million, down 2.86% year-over-year; the trailing twelve-month figure through Dec 2025 was $106.2 million (down 2.35% YoY), and the FY2025 annual result was $106.2 million, down 2.35% from the prior year.
- Research & Development retreated to $27.8 million in Q4 2025 per SUPN's latest filing, from $29.4 million in the prior quarter.
- Over five years, Research & Development peaked at $29.4 million in Q3 2025 and troughed at $15.0 million in Q1 2021.
- A 5-year average of $22.6 million and a median of $22.4 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2021 and 2023: Research & Development slumped 30.53% in 2021, then soared 48.79% in 2023.
- A 5-year view of Research & Development shows it stood at $21.1 million in 2021, then dropped by 15.68% to $17.8 million in 2022, then jumped by 31.35% to $23.3 million in 2023, then gained by 22.7% to $28.6 million in 2024, then decreased by 2.86% to $27.8 million in 2025.
- Business Quant data shows SUPN's Research & Development at $27.8 million in Q4 2025, $29.4 million in Q3 2025, and $22.1 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 222.00 Mn |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 180.00 Mn |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 138.20 Mn |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 934,363.43 |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 296.20 Mn |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 97.00 Mn |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | 103.35 Mn |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 39.38 Mn |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 46.94 Mn |
| 10 | Supernus Pharmaceuticals | 2.57 Bn | 2.19 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 27.83 Mn |
| Sep 30, 2025 | 29.37 Mn |
| Jun 30, 2025 | 22.12 Mn |
| Mar 31, 2025 | 26.93 Mn |
| Dec 31, 2024 | 28.65 Mn |
| Sep 30, 2024 | 29.04 Mn |
| Jun 30, 2024 | 26.18 Mn |
| Mar 31, 2024 | 24.93 Mn |
| Dec 31, 2023 | 23.35 Mn |
| Sep 30, 2023 | 22.66 Mn |
| Jun 30, 2023 | 24.38 Mn |
| Mar 31, 2023 | 21.21 Mn |
| Dec 31, 2022 | 17.77 Mn |
| Sep 30, 2022 | 19.55 Mn |
| Jun 30, 2022 | 16.39 Mn |
| Mar 31, 2022 | 20.84 Mn |
| Dec 31, 2021 | 21.08 Mn |
| Sep 30, 2021 | 19.65 Mn |
| Jun 30, 2021 | 15.46 Mn |
| Mar 31, 2021 | 15.00 Mn |