Quick Answer
MESOBLAST LTD reported R&D Expense of $34.81 million for fiscal year 2025.
MESOBLAST LTD R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $34.81M | -12.4% |
| 2024 | $39.72M | -24.8% |
| 2023 | $52.82M | +61.0% |
| 2022 | $32.81M | -38.1% |
| 2021 | $53.01M | -5.7% |
| 2020 | $56.19M | -6.1% |
| 2019 | $59.81M | -9.3% |
| 2018 | $65.93M | +11.9% |
| 2017 | $58.91M | +17.8% |
| 2016 | $50.01M | — |
- MESOBLAST LTD showed a decrease of -12.4% in R&D Expense compared to the prior fiscal year.
- Over the 2016–2025 period, MESOBLAST LTD’s r&d expense has declined by 30.4% (from $50.01 million to $34.81 million).
- The most recent figure is from MESOBLAST LTD’s fiscal year 2025 report (Form 20-F), filed with the SEC on August 29, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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