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Mirum Pharmaceuticals, Inc. MIRM Research and development expense

Research and development expense at other companies

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Zevra Therapeutics, Inc.ZVRA
$4.49M+30.7%

Other financials

Income statement

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Revenue$176.2M+37.9%
Operating income-$42.5M-753%
Net income-$67.2M-1,047%
EPS (diluted)-$1.06-783%

Balance sheet

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Cash & equivalents$262.7M+39.4%
Total debt$12.9M+29.2%
Total equity-$10.4M-104%
Total assets$1.0B+44.0%

Cash flow

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Operating cash flow-$44.3M-468%
CapEx$23.0K-81.7%
Free cash flow-$44.3M-472%

Valuation

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Market cap$6.45B+144%
Enterprise value$6.2B+151%
P/S10.4×+4.3×

Profitability

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Operating margin-134.9%-151pp
Net margin-139.2%-156pp
FCF margin-37%

Returns & leverage

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Return on equity-335.8%-377pp
Debt / equity0.1×0.0×
Current ratio2.9×-0.3×

Where this comes from

Reported directly by Mirum Pharmaceuticals, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost.

The source filing: Mirum Pharmaceuticals, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001759425-26-000045
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Product sales, net$176,243$127,785$336,125$239,370
Operating expenses:
Cost of sales30,34823,42159,15346,439
Research and development90,52846,067188,43887,111
Acquired in-process research and development16,435742,7375,000
Selling, general and administrative81,46963,286177,799120,992
Total operating expenses218,780132,7741,168,127259,542
Loss from operations(42,537)(4,989)(832,002)(20,172)

Item 1. Financial Statements (Unaudited)

FAQ

What is Mirum Pharmaceuticals, Inc.'s research and development expense?
Mirum Pharmaceuticals, Inc. (MIRM) reported research and development expense of $90.53M in Q2 2026.
How has Mirum Pharmaceuticals, Inc.'s research and development expense changed year-over-year?
Mirum Pharmaceuticals, Inc.'s research and development expense increased by 96.5% year-over-year, from $46.07M to $90.53M.
What is the long-term trend for Mirum Pharmaceuticals, Inc.'s research and development expense?
Over 4 years (2021 to 2025), Mirum Pharmaceuticals, Inc.'s research and development expense has grown at a 8.4% compound annual growth rate (CAGR), from $131.43M to $181.18M.
What does research and development expense mean?
Research and development expense

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