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R&D at other companies

Exelixis logo
ExelixisEXEL
$199.92M-5.8%
Cytokinetics logo
CytokineticsCYTK
$95.53M-2.8%
Praxis Precision Medicines, Inc. logo
Praxis Precision Medicines, Inc.PRAX
$77.99M+28.3%
Regeneron Pharmaceuticals logo
Regeneron PharmaceuticalsREGN
$1.54B+16.3%
Incyte logo
IncyteINCY
$515.9M+18.0%
Summit Therapeutics logo
Summit TherapeuticsSMMT
$132.62M+159%

Other financials

Income statement

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Revenue$164.9M+4.9%
Gross profit$162.0M+4.7%
Operating income-$49.6M-1,552%
Net income-$31.8M-255%
EPS (diluted)-$0.30-276%

Balance sheet

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Cash & equivalents$110.0M+21.1%
Total debt$9.6M+41.0%
Total equity$638.0M-6.6%
Total assets$814.9M-3.7%

Cash flow

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Operating cash flow-$16.8M-452%
CapEx$201.0K+93.3%
Free cash flow-$17.0M-464%

Valuation

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Market cap$8.58B-64.4%
Enterprise value$8.48B-65.0%
P/E181.2×+1.3×
P/S11.2×-24.0×

Profitability

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Gross margin98.3%-0.2pp
Operating margin-1.1%-17.2pp
Net margin6.2%-13.4pp
FCF margin15.6%-10.2pp

Returns & leverage

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Return on equity7.2%-14.6pp
Debt / equity0.0×
Current ratio2.9×-0.2×

Where this comes from

Reported directly by Corcept Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Corcept Therapeutics’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Corcept Therapeutics's R&D?
Corcept Therapeutics (CORT) reported R&D of $66.27M in Q1 2026.
How has Corcept Therapeutics's R&D changed year-over-year?
Corcept Therapeutics's R&D increased by 9.1% year-over-year, from $60.74M to $66.27M.
What is the long-term trend for Corcept Therapeutics's R&D?
Over 4 years (2021 to 2025), Corcept Therapeutics's R&D has grown at a 22.3% compound annual growth rate (CAGR), from $113.86M to $254.91M.
What does R&D mean?
Money spent on creating new products or improving existing ones.
How do you interpret R&D?
Higher spending indicates a commitment to innovation and future growth, though it reduces current profitability.
How does R&D compare across companies?
High R&D intensity is a hallmark of the biopharma sector compared to mature manufacturing or service industries.