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Filing Flows › Dianthus Therapeutics (DNTH) › R&D spending

Dianthus Therapeutics (DNTH) R&D spending by quarter

Dianthus Therapeutics' R&D spending was $59.9M in Q4 2025 (fourth quarter 2025), +84% from Q3 2025. Over the last 5 quarters it ranged from $26.3M (Q2 2025) to $59.9M (Q4 2025).

Dianthus Therapeutics R&D spending by quarterDianthus Therapeutics R&D spending by quarter$26.4MQ4 2024$27.0MQ1 2025$26.3MQ2 2025$32.5MQ3 2025$59.9MQ4 2025
QuarterR&D spendingQ/QY/Y
Q4 2025$59.9M+84%+127%
Q3 2025$32.5M+24%—
Q2 2025$26.3M-3%—
Q1 2025$27.0M+2%—
Q4 2024$26.4M——

Q4 2025 at a glance

Dianthus Therapeutics, Q4 2025: revenue $284K (-79% year over year), net loss $64.4M, operating cash flow −$47.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is Dianthus Therapeutics' R&D spending?

Dianthus Therapeutics' R&D spending was $59.9M in Q4 2025 (fourth quarter 2025), +84% from Q3 2025.

How has Dianthus Therapeutics' R&D spending changed?

Over the last 5 quarters it ranged from $26.3M (Q2 2025) to $59.9M (Q4 2025).

Q4 2025 results → · How Dianthus Therapeutics makes money →