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R&D at other companies

Eli Lilly logo
Eli LillyLLY
$3.51B+28.4%
Oruka Therapeutics, Inc. logo
Oruka Therapeutics, Inc.ORKA
$29.15M+46.3%
AnaptysBio, Inc. logo
AnaptysBio, Inc.ANAB
$33.99M-17.5%
Opko Health logo
Opko HealthOPK
$29.2M-5.3%
Nektar Therapeutics logo
Nektar TherapeuticsNKTR
$35.68M+17.1%
Aurinia Pharmaceuticals logo
Aurinia PharmaceuticalsAUPH
$7.47M+30.1%

Other financials

Income statement

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Operating income-$70.0M-47.5%
Net income-$69.7M-74.5%
EPS (diluted)-$0.98-55.6%

Balance sheet

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Cash & equivalents$298.5M+9.9%
Total debt$100.8M+33.3%
Total equity$254.0M-37.7%
Total assets$400.4M-21.7%

Cash flow

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Operating cash flow-$66.3M-73.8%
CapEx--100%
Free cash flow-$66.3M-73.6%

Valuation

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Market cap$1.49B-45.9%
Enterprise value$1.29B-50.0%

Returns & leverage

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Return on equity-77.7%-221pp
Debt / equity0.4×+0.2×
Current ratio8.6×-12.5×

Where this comes from

Reported directly by MoonLake Immunotherapeutics in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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

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Questions, answered.

What is MoonLake Immunotherapeutics's R&D?
MoonLake Immunotherapeutics (MLTX) reported R&D of $54.52M in Q1 2026.
How has MoonLake Immunotherapeutics's R&D changed year-over-year?
MoonLake Immunotherapeutics's R&D increased by 49.5% year-over-year, from $36.46M to $54.52M.
What is the long-term trend for MoonLake Immunotherapeutics's R&D?
Over 3 years (2022 to 2025), MoonLake Immunotherapeutics's R&D has grown at a 68.7% compound annual growth rate (CAGR), from $42.25M to $202.86M.
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.