Axsome Therapeutics (AXSM) Research & Development (2015 - 2026)
Axsome Therapeutics (AXSM) posted Research & Development of $52.7 million for Q1 2026, up 1926.04% sequentially from $2.6 million in Q4 2025, and up 17.62% YoY from $44.8 million in Q1 2025.
Analysis
Axsome Therapeutics (AXSM) Research & Development (2015 - 2026) Analysis & Trends
Axsome Therapeutics has reported Research & Development for 12 years, with the latest figure at $52.7 million in Q1 2026.
- Quarterly Research & Development rose 17.62% year-over-year to $52.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $145.0 million (down 25.66% YoY) and the FY2025 annual result came in at $183.3 million, down 2.03% from the prior year.
- Research & Development rose to $52.7 million in Q1 2026 per AXSM's latest filing, from $2.6 million in the prior quarter.
- Over five years, Research & Development peaked at $55.0 million in Q4 2024 and troughed at $2.6 million in Q4 2025.
- A 5-year average of $31.3 million and a median of $30.8 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2024 and 2025: Research & Development soared 142.23% in 2024, then plunged 95.27% in 2025.
- Over 5 years, Research & Development stood at $14.7 million in 2022, then soared by 109.64% to $30.8 million in 2023, then soared by 78.57% to $55.0 million in 2024, then slumped by 95.27% to $2.6 million in 2025, then jumped by 1926.04% to $52.7 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $52.7 million, $2.6 million, and $40.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 993.80 Mn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 1.63 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -486.00 Mn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 651.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 394.92 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 612.28 Mn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 97.90 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 210.03 Mn |
| 10 | Axsome Therapeutics | 10.75 Bn | 10.43 Bn | 204.81 Mn | 46.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.23 Mn |
| Mar 31, 2026 | 52.68 Mn |
| Dec 31, 2025 | 2.60 Mn |
| Sep 30, 2025 | 40.16 Mn |
| Jun 30, 2025 | 49.54 Mn |
| Mar 31, 2025 | 44.79 Mn |
| Dec 31, 2024 | 55.01 Mn |
| Sep 30, 2024 | 45.39 Mn |
| Jun 30, 2024 | 49.85 Mn |
| Mar 31, 2024 | 36.83 Mn |
| Dec 31, 2023 | 30.80 Mn |
| Sep 30, 2023 | 28.77 Mn |
| Jun 30, 2023 | 20.58 Mn |
| Mar 31, 2023 | 17.79 Mn |
| Dec 31, 2022 | 14.69 Mn |
| Sep 30, 2022 | 14.88 Mn |
| Jun 30, 2022 | 15.79 Mn |
| Mar 31, 2022 | 12.59 Mn |
| Dec 31, 2021 | 13.78 Mn |
| Sep 30, 2021 | 13.18 Mn |