Axogen (AXGN) Research & Development (2010 - 2026)
Axogen (AXGN) posted quarterly Research & Development of $30.8 million for Q2 2026, up 29.5% year-over-year from $23.8 million in Q2 2025, and up 7.66% quarter-over-quarter from $28.6 million in Q1 2026.
Axogen (AXGN) Research & Development (2010 - 2026) Analysis & Trends
Axogen's Research & Development history runs 17 years deep, the most recent figure standing at $30.8 million for Q2 2026.
- In Q2 2026, Research & Development rose 29.5% year-over-year to $30.8 million; the TTM figure through Jun 2026 stood at $112.4 million (up 34.08% YoY), while the FY2025 annual figure was $97.7 million, up 24.57% from the prior year.
- Research & Development for Q2 2026 stood at $30.8 million, 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.
- The 5-year median for Research & Development is $19.9 million (2024), against an average of $21.4 million.
- The sharpest annual moves came in 2022 and 2023: Research & Development slumped 34.4% in 2022, then jumped 72.85% in 2023.
- Axogen's Research & Development stood at $11.6 million in 2022, then surged by 72.85% to $20.1 million in 2023, then retreated by 0.42% to $20.0 million in 2024, then surged by 35.89% to $27.2 million in 2025, then climbed by 13.29% to $30.8 million in 2026.
- Business Quant data shows AXGN's Research & Development at $30.8 million in Q2 2026, $28.6 million in Q1 2026, and $27.2 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.24 Bn | 193.64 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Stryker | 128.63 Bn | 125.15 Bn | 4.50 Bn | 434.00 Mn |
| 3 | Medtronic | 119.19 Bn | 109.97 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 73.51 Bn | 72.97 Bn | 3.85 Bn | 554.00 Mn |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.85 Bn | 1.35 Bn | 278.90 Mn |
| 6 | Dexcom | 34.64 Bn | 32.70 Bn | 830.00 Mn | 153.00 Mn |
| 7 | GE HealthCare Technologies | 34.01 Bn | 31.90 Bn | 2.18 Bn | 323.00 Mn |
| 8 | Koninklijke Philips | 26.40 Bn | 23.08 Bn | 4.55 Bn | -562.58 Mn |
| 9 | Steris | 23.14 Bn | 22.65 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Axogen | 2.43 Bn | 2.32 Bn | 50.67 Mn | 30.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |