Axogen (AXGN) Research & Development (2010 - 2026)
Axogen (AXGN) recorded quarterly Research & Development of $7.5 million in Q1 2026, down 39.26% quarter-over-quarter from $12.4 million in Q4 2025, and up 23.41% on a YoY basis from $6.1 million in Q1 2025.
Axogen (AXGN) Research & Development (2010 - 2026) Analysis & Trends
Axogen's Research & Development history runs 17 years deep, the most recent figure standing at $7.5 million for Q1 2026.
- In Q1 2026, Research & Development rose 23.41% year-over-year to $7.5 million; the TTM figure through Mar 2026 stood at $34.3 million (up 29.73% YoY), while the FY2025 annual figure was $32.9 million, up 18.43% from the prior year.
- Research & Development was $7.5 million for Q1 2026 at Axogen, down from $12.4 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $12.4 million in Q4 2025 to a low of $5.3 million in Q4 2022.
- Historically, Research & Development has averaged $7.1 million across 5 years, with a median of $7.0 million in 2024.
- Biggest YoY gain for Research & Development was 84.61% in 2025; the steepest drop was 17.79% in 2025.
- A 5-year view of Research & Development shows it stood at $5.3 million in 2022, then jumped by 35.89% to $7.2 million in 2023, then declined by 6.56% to $6.7 million in 2024, then soared by 84.61% to $12.4 million in 2025, then plunged by 39.26% to $7.5 million in 2026.
- The last three Research & Development figures came in at $7.5 million (Q1 2026), $12.4 million (Q4 2025), and $7.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 722.00 Mn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -461.27 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 145.30 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 28.80 Mn |
| 10 | Axogen | 2.32 Bn | 2.22 Bn | 46.19 Mn | 7.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.52 Mn |
| Dec 31, 2025 | 12.38 Mn |
| Sep 30, 2025 | 7.57 Mn |
| Jun 30, 2025 | 6.85 Mn |
| Mar 31, 2025 | 6.09 Mn |
| Dec 31, 2024 | 6.70 Mn |
| Sep 30, 2024 | 7.00 Mn |
| Jun 30, 2024 | 6.66 Mn |
| Mar 31, 2024 | 7.41 Mn |
| Dec 31, 2023 | 7.18 Mn |
| Sep 30, 2023 | 6.69 Mn |
| Jun 30, 2023 | 7.14 Mn |
| Mar 31, 2023 | 6.33 Mn |
| Dec 31, 2022 | 5.28 Mn |
| Sep 30, 2022 | 7.05 Mn |
| Jun 30, 2022 | 7.02 Mn |
| Mar 31, 2022 | 6.28 Mn |
| Dec 31, 2021 | 6.30 Mn |
| Sep 30, 2021 | 6.40 Mn |
| Jun 30, 2021 | 5.72 Mn |