What is Talphera, Inc.'s R&D?

Talphera, Inc. (TLPH) reported R&D of $1.65M in Q1 2026.

How has Talphera, Inc.'s R&D changed year-over-year?

Talphera, Inc.'s R&D increased by 41.1% year-over-year, from $1.17M to $1.65M.

What is the long-term trend for Talphera, Inc.'s R&D?

Over 3 years (2021 to 2025), Talphera, Inc.'s R&D has grown at a 13.8% compound annual growth rate (CAGR), from $4.1M to $6.03M.

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

Talphera, Inc. TLPH R&D

R&D at other companies

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$139M-0.7%

AMP

Amphastar PharmaceuticalsAMPH

$26.74M+33.0%

Syndax PharmaceuticalsSNDX

$58.85M-4.5%

Royalty PharmaRPRX

$39.79M-21.2%

PTH

Pelthos Therapeutics Inc.PTHS

$186K-4.1%

XOMA CorporationXOMA

$49K-96.2%

Other financials

Income statement

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Revenue--100%

Gross profit-$1.9M-52.7%

Operating income-$3.9M-35.4%

Net income-$2.6M+1.4%

EPS (diluted)-$0.10+37.5%

Balance sheet

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Cash & equivalents$3.8M-29.0%

Total debt$3.4M-79.7%

Total equity$18.5M+230%

Total assets$30.2M+101%

Cash flow

See full

Operating cash flow-$3.4M+2.0%

CapEx-—

Free cash flow-$2.3M+42.9%

Valuation

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Market cap$53.46M+516%

P/S53,456.6×+53,135×

Profitability

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Gross margin-127.7%-136pp

Operating margin-1,451,600%-1,507,145pp

Net margin-1,425,300%-1,471,200pp

FCF margin-5,116.7%-6,779pp

Returns & leverage

See full

Return on equity-118.4%+15.4pp

Debt / equity0.2×—

Current ratio5.3×+2.2×

Where this comes from

Reported directly by Talphera, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Talphera, Inc.’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Talphera, Inc.'s R&D?: Talphera, Inc. (TLPH) reported R&D of $1.65M in Q1 2026.
How has Talphera, Inc.'s R&D changed year-over-year?: Talphera, Inc.'s R&D increased by 41.1% year-over-year, from $1.17M to $1.65M.
What is the long-term trend for Talphera, Inc.'s R&D?: Over 3 years (2021 to 2025), Talphera, Inc.'s R&D has grown at a 13.8% compound annual growth rate (CAGR), from $4.1M to $6.03M.
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.