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
DateValue
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