Axogen (AXGN) Research & Development (2010 - 2026)
Axogen's (AXGN) quarterly Research & Development came in at $7.5 million in Q1 2026, down 64.28% year-on-year from $21.0 million in Q1 2025, and up 119.97% quarter-over-quarter from -$37.6 million in Q4 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.
- On a quarterly basis, Research & Development fell 64.28% year-over-year to $7.5 million in Q1 2026; TTM through Mar 2026 was -$15.7 million, a 154.17% decrease from a year earlier, with the FY2025 full-year figure at $32.9 million, up 18.43% from the prior year.
- Research & Development advanced to $7.5 million in Q1 2026 per AXGN's latest filing, from -$37.6 million in the prior quarter.
- Across five years, Research & Development topped out at $21.0 million in Q1 2025 and bottomed at -$37.6 million in Q4 2025.
- The 5-year median for Research & Development is $7.5 million (2026), against an average of $2.7 million.
- Across the five-year window, Research & Development tumbled 650.97% in 2022 and surged 213.23% in 2024, its largest moves.
- Year by year, Research & Development stood at -$34.7 million in 2022, then gained by 13.22% to -$30.1 million in 2023, then retreated by 1.79% to -$30.7 million in 2024, then slipped by 22.74% to -$37.6 million in 2025, then surged by 119.97% to $7.5 million in 2026.
- Per Business Quant, the three latest AXGN Research & Development figures stand at $7.5 million (Q1 2026), -$37.6 million (Q4 2025), and $7.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 145.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -461.27 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Axogen | 2.05 Bn | 1.95 Bn | 46.19 Mn | 7.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.52 Mn |
| Dec 31, 2025 | -37.64 Mn |
| Sep 30, 2025 | 7.57 Mn |
| Jun 30, 2025 | 6.85 Mn |
| Mar 31, 2025 | 21.05 Mn |
| Dec 31, 2024 | -30.67 Mn |
| Sep 30, 2024 | 18.92 Mn |
| Jun 30, 2024 | 19.70 Mn |
| Mar 31, 2024 | 19.82 Mn |
| Dec 31, 2023 | -30.13 Mn |
| Sep 30, 2023 | 19.17 Mn |
| Jun 30, 2023 | 18.86 Mn |
| Mar 31, 2023 | 6.33 Mn |
| Dec 31, 2022 | -34.72 Mn |
| Sep 30, 2022 | 19.79 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 |