Axogen AXGN
NASDAQ AXGN
$47.27 +0.58 (+1.24%)
As of: Sep 9, 2026 · 3:59 PM EDT

Axogen (AXGN) Research & Development (2010 - 2026)

Axogen (AXGN) posted Research & Development of $30.8 million for Q2 2026, up 7.66% on a QoQ basis from $28.6 million in Q1 2026, and up 29.5% year-over-year from $23.8 million in Q2 2025.

Analysis

Axogen (AXGN) Research & Development (2010 - 2026) Analysis & Trends

Axogen has reported Research & Development for 17 years, with the latest figure at $30.8 million in Q2 2026.

  • On a quarterly basis, Research & Development rose 29.5% year-over-year to $30.8 million in Q2 2026; TTM through Jun 2026 was $112.4 million, a 34.08% increase from a year earlier, with the FY2025 full-year figure at $97.7 million, up 24.57% from the prior year.
  • Research & Development was $30.8 million for Q2 2026 at Axogen, up from $28.6 million in the prior quarter.
  • The five-year high for Research & Development was $30.8 million in Q2 2026, with the low at $11.6 million in Q4 2022.
  • Average Research & Development over 5 years is $21.4 million, with a median of $19.9 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: Research & Development slumped 34.4% in 2022, then soared 72.85% in 2023.
  • Over 5 years, Research & Development stood at $11.6 million in 2022, then jumped by 72.85% to $20.1 million in 2023, then slipped by 0.42% to $20.0 million in 2024, then jumped by 35.89% to $27.2 million in 2025, then increased by 13.29% to $30.8 million in 2026.
  • The last three Research & Development figures came in at $30.8 million (Q2 2026), $28.6 million (Q1 2026), and $27.2 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 183.04 Bn 177.44 Bn 7.27 Bn 892.00 Mn
2 Intuitive Surgical 125.02 Bn 119.81 Bn 1.96 Bn 370.60 Mn
3 Medtronic 117.84 Bn 109.02 Bn 6.34 Bn 771.00 Mn
4 Stryker 105.50 Bn 102.02 Bn 4.50 Bn 434.00 Mn
5 Boston Scientific 66.27 Bn 65.73 Bn 3.85 Bn 554.00 Mn
6 Edwards Lifesciences 49.60 Bn 45.35 Bn 1.35 Bn 278.90 Mn
7 Alcon 33.70 Bn 32.24 Bn 1.68 Bn -663.00 Mn
8 Dexcom 32.06 Bn 30.11 Bn 830.00 Mn 153.00 Mn
9 Steris 21.02 Bn 20.54 Bn 684.20 Mn 28.60 Mn
10 Axogen 2.51 Bn 2.40 Bn 50.67 Mn 30.83 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 30.83 Mn
Mar 31, 2026 28.63 Mn
Dec 31, 2025 27.21 Mn
Sep 30, 2025 25.68 Mn
Jun 30, 2025 23.80 Mn
Mar 31, 2025 21.05 Mn
Dec 31, 2024 20.02 Mn
Sep 30, 2024 18.92 Mn
Jun 30, 2024 19.70 Mn
Mar 31, 2024 19.82 Mn
Dec 31, 2023 20.11 Mn
Sep 30, 2023 19.17 Mn
Jun 30, 2023 18.86 Mn
Mar 31, 2023 19.45 Mn
Dec 31, 2022 11.63 Mn
Sep 30, 2022 19.79 Mn
Jun 30, 2022 19.67 Mn
Mar 31, 2022 20.89 Mn
Dec 31, 2021 17.73 Mn
Sep 30, 2021 18.37 Mn