Hepion Pharmaceuticals annual r&d spending
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2025
Hepion Pharmaceuticals R&D Spending Growth & History (HEPA)
Hepion Pharmaceuticals's r&d spending was $445,512 for fiscal 2025.
View full Hepion Pharmaceuticals company overviewHepion Pharmaceuticals annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $445,512 | −$11.4M | −96.24% |
| 2024 | 2024-12-31 | $11.8M | −$23.8M | −66.76% |
| 2023 | 2023-12-31 | $35.6M | $2.4M | +7.12% |
| 2022 | 2022-12-31 | $33.3M | $12.9M | +63.12% |
| 2021 | 2021-12-31 | $20.4M | $8.4M | +70.00% |
| 2020 | 2020-12-31 | $12.0M | $8.8M | +276.79% |
| 2019 | 2019-12-31 | $3.2M | −$4.4M | −58.07% |
| 2018 | 2018-12-31 | $7.6M | −$5.8M | −43.20% |
| 2017 · Dec 31 | 2017-12-31 | $13.4M | — | — |
| 2017 · Jun 30 | 2017-06-30 | $13.7M | −$1.4M | −9.10% |
| 2016 | 2016-06-30 | $15.0M | $6.6M | +78.72% |
| 2015 | 2015-06-30 | $8.4M | $8.1M | +2574.20% |
| 2014 | 2014-06-30 | $314,246 | — | — |
Hepion Pharmaceuticals quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $50,918 | −$372,359 | −87.97% |
| Q1 2026 | 2026-03-31 | $70,000 | $47,765 | +214.82% |
| Q4 2025 | 2025-12-31 | $0 | — | — |
| Q3 2025 | 2025-09-30 | $0 | −$2.8M | — |
| Q2 2025 | 2025-06-30 | $423,277 | −$6.7M | −94.07% |
| Q1 2025 | 2025-03-31 | $22,235 | −$2.5M | −99.12% |
| Q3 2024 | 2024-09-30 | $2.8M | −$5.8M | −67.57% |
| Q2 2024 | 2024-06-30 | $7.1M | −$4.7M | −39.93% |
| Q1 2024 | 2024-03-31 | $2.5M | −$7.3M | −74.08% |
| Q4 2023 | 2023-12-31 | $5.4M | −$2.1M | −27.58% |
| Q3 2023 | 2023-09-30 | $8.5M | $2.8M | +48.40% |
| Q2 2023 | 2023-06-30 | $11.9M | −$3.8M | −24.34% |
| Q1 2023 | 2023-03-31 | $9.8M | $5.5M | +127.26% |
| Q4 2022 | 2022-12-31 | $7.5M | $606,051 | +8.77% |
| Q3 2022 | 2022-09-30 | $5.7M | −$60,342 | −1.04% |
| Q2 2022 | 2022-06-30 | $15.7M | $11.5M | +275.11% |
| Q1 2022 | 2022-03-31 | $4.3M | $812,479 | +23.22% |
| Q4 2021 | 2021-12-31 | $6.9M | $4.3M | +163.03% |
| Q3 2021 | 2021-09-30 | $5.8M | $2.0M | +53.35% |
| Q2 2021 | 2021-06-30 | $4.2M | $1.2M | +41.88% |
| Q1 2021 | 2021-03-31 | $3.5M | $861,324 | +32.66% |
| Q4 2020 | 2020-12-31 | $2.6M | $1.6M | +146.92% |
| Q3 2020 | 2020-09-30 | $3.8M | $2.9M | +346.87% |
| Q2 2020 | 2020-06-30 | $3.0M | $2.2M | +290.43% |
| Q1 2020 | 2020-03-31 | $2.6M | $2.1M | +409.10% |
| Q4 2019 | 2019-12-31 | $1.1M | $21,768 | +2.09% |
| Q3 2019 | 2019-09-30 | $846,453 | −$1.3M | −60.96% |
| Q2 2019 | 2019-06-30 | $755,659 | −$1.4M | −64.40% |
| Q1 2019 | 2019-03-31 | $518,040 | −$1.7M | −77.09% |
| Q4 2018 | 2018-12-31 | $1.0M | −$2.2M | −67.43% |
| Q3 2018 | 2018-09-30 | $2.2M | −$1.8M | −45.30% |
| Q2 2018 | 2018-06-30 | $2.1M | −$1.1M | −34.88% |
| Q1 2018 · Mar 31 | 2018-03-31 | $2.3M | −$683,948 | −23.23% |
| Q4 2017 | 2017-12-31 | $3.2M | −$1.1M | −25.88% |
| Q1 2018 · Sep 30 | 2017-09-30 | $4.0M | $833,769 | +26.64% |
| Q4 2017 | 2017-06-30 | $3.3M | −$764,580 | −19.00% |
| Q3 2017 | 2017-03-31 | $2.9M | −$242,129 | −7.60% |
| Q2 2017 | 2016-12-31 | $4.3M | $275,427 | +6.81% |
| Q1 2017 | 2016-09-30 | $3.1M | −$636,007 | −16.89% |
| Q4 2016 | 2016-06-30 | $4.0M | $434,730 | +12.11% |
| Q3 2016 | 2016-03-31 | $3.2M | $580,749 | +22.28% |
| Q2 2016 | 2015-12-31 | $4.0M | $2.2M | +121.65% |
| Q1 2016 | 2015-09-30 | $3.8M | $3.4M | +880.51% |
| Q4 2015 | 2015-06-30 | $3.6M | $3.4M | +1539.99% |
| Q3 2015 | 2015-03-31 | $2.6M | $2.5M | +3494.18% |
| Q2 2015 | 2014-12-31 | $1.8M | $1.8M | +19705.14% |
| Q1 2015 | 2014-09-30 | $384,057 | $370,419 | +2716.08% |
| Q4 2014 | 2014-06-30 | $218,893 | — | — |
| Q3 2014 | 2014-03-31 | $72,507 | — | — |
| Q2 2014 | 2013-12-31 | $9,208 | — | — |
| Q1 2014 | 2013-09-30 | $13,638 | — | — |
Hepion Pharmaceuticals r&d spending trends
Over the last five fiscal years, Hepion Pharmaceuticals's r&d spending decreased from $12.0M to $445,512, a change of −$11.6M. The latest reported quarter, Q2 2026, shows $50,918.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Hepion Pharmaceuticals source filings ↗