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
Download Data
Historic 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 |