What is Catalyst Pharmaceutical's R&D?

Catalyst Pharmaceutical (CPRX) reported R&D of $2.66M in Q1 2026.

How has Catalyst Pharmaceutical's R&D changed year-over-year?

Catalyst Pharmaceutical's R&D decreased by 31.5% year-over-year, from $3.89M to $2.66M.

What is the long-term trend for Catalyst Pharmaceutical's R&D?

Over 4 years (2021 to 2025), Catalyst Pharmaceutical's R&D has grown at a -6.9% compound annual growth rate (CAGR), from $16.94M to $12.71M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Catalyst Pharmaceutical CPRX R&D

R&D at other companies

PTC TherapeuticsPTCT

$100.87M-7.4%

Edgewise Therapeutics, Inc.EWTX

$42.65M+16.0%

Acadia PharmaceuticalsACAD

$76.87M-1.8%

Dyne Therapeutics, Inc.DYN

$100.89M-5.2%

Scholar RockSRRK

$51.81M+6.4%

Amneal Pharmaceuticals, Inc.AMRX

$38.38M-4.1%

Other financials

Income statement

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Revenue$149.4M+5.6%

Gross profit$134.9M+9.2%

Operating income$73.2M+15.6%

Net income$63.7M+12.3%

EPS (diluted)$0.50+11.1%

Balance sheet

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Cash & equivalents$755.9M+30.2%

Total debt$2.7M-13.3%

Total equity$1.0B+27.5%

Total assets$1.1B+26.3%

Cash flow

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Operating cash flow$59.6M-0.8%

CapEx$27.0K—

Free cash flow$59.6M-0.8%

Valuation

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Market cap$3.84B+2.7%

Enterprise value$3.09B-4.1%

P/E17.4×-1.6×

P/S6.4×-0.6×

Profitability

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Gross margin86%-0.2pp

Operating margin44.8%+1.6pp

Net margin37.1%+0.2pp

FCF margin34.9%-15.2pp

Returns & leverage

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Return on equity24.5%-4.6pp

Debt / equity0×0.0×

Current ratio7.1×+1.0×

Where this comes from

Reported directly by Catalyst Pharmaceutical in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Catalyst Pharmaceutical’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Catalyst Pharmaceutical's R&D?: Catalyst Pharmaceutical (CPRX) reported R&D of $2.66M in Q1 2026.
How has Catalyst Pharmaceutical's R&D changed year-over-year?: Catalyst Pharmaceutical's R&D decreased by 31.5% year-over-year, from $3.89M to $2.66M.
What is the long-term trend for Catalyst Pharmaceutical's R&D?: Over 4 years (2021 to 2025), Catalyst Pharmaceutical's R&D has grown at a -6.9% compound annual growth rate (CAGR), from $16.94M to $12.71M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.