Axsome Therapeutics AXSM
NASDAQ AXSM
$206.82 -1.53 (-0.73%)
As of: Sep 4, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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