Skip to content
MapLight Therapeutics, Inc.
 logo

MapLight Therapeutics, Inc.

MPLT

MapLight Therapeutics is a clinical-stage biopharmaceutical company focused on developing circuit-specific pharmacotherapies for debilitating central nervous system (CNS) disorders.

Market cap
$1.8B+179%
Net income-$199.5M-146%
EPS (diluted)-$95.86
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 13, 2026 (in a month)
EPS estimate-$1.37

Financials

Q1 2026

Income statement

See full
Operating income-$64.5M-174%
Net income-$60.7M-172%
EPS (diluted)-$1.34+95.4%

Balance sheet

See full
Cash & equivalents$55.7M
Total debt$5.6M
Total equity$399.8M+285%
Total assets$418.8M

Cash flow

See full
Operating cash flow-$51.2M-100%
CapEx$24.0K
Free cash flow-$51.2M

Valuation & ratios

Valuation

See full
Market cap$1.8B+179%
Enterprise value$1.75B

Returns & leverage

See full
Debt / equity
Current ratio22.9×

Competitors

Profile

MapLight Therapeutics is a clinical-stage biopharmaceutical company focused on developing circuit-specific pharmacotherapies for debilitating central nervous system (CNS) disorders. The company utilizes a proprietary discovery platform integrating optogenetics and transcriptomics to identify neural circuits causally linked to disease and target them for therapeutic modulation. Its lead programs target high-unmet-need conditions including schizophrenia, Alzheimer's disease psychosis, and autism spectrum disorder.

Competitive position

A clinical-stage innovator utilizing a differentiated circuit-based discovery platform to develop muscarinic agonists and other CNS therapies with improved tolerability profiles.

GeographiesUnited States, Global
Customer segmentsPsychiatry patients, Neurology patients
Business modelR&D-stage biopharmaceutical, Drug discovery platform
SuppliersContract Manufacturing Organizations (CMOs), Contract Research Organizations (CROs), Raw material suppliers
CustomersHospitals, Specialty pharmacies, Wholesale distributors
Listed2025
CEOChristopher A. Kroeger
FilingsSEC EDGAR

Questions, answered.

What is MapLight Therapeutics, Inc. 's market cap?
MapLight Therapeutics, Inc. (MPLT) has a market capitalization of $1.8B and trades on NASDAQ.
Who are MapLight Therapeutics, Inc. 's competitors?
MapLight Therapeutics, Inc. 's key competitors include Neumora Therapeutics, Inc., Acadia Pharmaceuticals, Inc., Neurocrine Biosciences, Inc., and others. These companies compete in similar markets and product categories.
Who does MapLight Therapeutics, Inc. partner with?
MapLight Therapeutics, Inc. 's notable partners include NeuroSolis, Inc..
Where is MapLight Therapeutics, Inc. headquartered?
MapLight Therapeutics, Inc. is headquartered in United States of America. It has been publicly traded since 2025.