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Other financials

Income statement

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Operating income-$45.3M-2.0%
Net income-$39.3M+6.8%
EPS (diluted)-$0.47+40.5%

Balance sheet

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Cash & equivalents$1.2M-14.6%
Total equity$638.1M+86.8%
Total assets$652.9M+83.9%

Cash flow

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Operating cash flow-$39.5M+13.2%
CapEx$15.0K
Free cash flow-$37.9M+43.3%

Valuation

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Market cap$2.41B+185%

Returns & leverage

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Return on equity-31%-9.6pp
Current ratio44.3×+17.8×

Where this comes from

Reported directly by Mineralys Therapeutics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Mineralys Therapeutics, Inc.’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 5:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001933414-26-000084
Line itemThree Months Ended / March 31, 20262025
Operating expenses:
Research and development$24,365$37,879
General and administrative20,9756,568
Total operating expenses45,34044,447
Loss from operations(45,340)(44,447)
Interest income, net5,9962,239
Other income (expense)5(3)
Total other income, net6,0012,236

Item 1. Financial Statements

FAQ

What is Mineralys Therapeutics, Inc.'s R&D?
Mineralys Therapeutics, Inc. (MLYS) reported R&D of $24.37M in Q1 2026.
How has Mineralys Therapeutics, Inc.'s R&D changed year-over-year?
Mineralys Therapeutics, Inc.'s R&D decreased by 35.7% year-over-year, from $37.88M to $24.37M.
What is the long-term trend for Mineralys Therapeutics, Inc.'s R&D?
Over 3 years (2022 to 2025), Mineralys Therapeutics, Inc.'s R&D has grown at a 71.3% compound annual growth rate (CAGR), from $26.25M to $132.01M.
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.

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