Lb Pharmaceuticals (LBRX) Research & Development (2024 - 2026)
Lb Pharmaceuticals' (LBRX) quarterly Research & Development came in at $14.6 million in Q1 2026, up 328.09% year-on-year from $3.4 million in Q1 2025, and up 72.64% quarter-over-quarter from $8.5 million in Q4 2025.
Lb Pharmaceuticals (LBRX) Research & Development (2024 - 2026) Analysis & Trends
Lb Pharmaceuticals' Research & Development history runs 3 years deep, the most recent figure standing at $14.6 million for Q1 2026.
- On a quarterly basis, Research & Development rose 328.09% year-over-year to $14.6 million in Q1 2026; TTM through Mar 2026 was $29.0 million, a N/A change from a year earlier, with the FY2025 full-year figure at $16.7 million, down 67.28% from the prior year.
- Research & Development advanced to $14.6 million in Q1 2026 per LBRX's latest filing, from $8.5 million in the prior quarter.
- Across five years, Research & Development topped out at $14.6 million in Q1 2026 and bottomed at $376000.0 in Q4 2024.
- The 3-year median for Research & Development is $6.0 million (2025), against an average of $6.7 million.
- Biggest YoY gain for Research & Development was 2156.12% in 2025; the steepest drop was 77.32% in 2025.
- Year by year, Research & Development stood at $376000.0 in 2024, then jumped by 2156.12% to $8.5 million in 2025, then soared by 72.64% to $14.6 million in 2026.
- Per Business Quant, the three latest LBRX Research & Development figures stand at $14.6 million (Q1 2026), $8.5 million (Q4 2025), and $2.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -17.94 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 541.22 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -2.31 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 961.60 Mn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 1.54 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 15.66 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 1.37 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 343.97 Mn |
| 10 | Lb Pharmaceuticals | 977.73 Mn | 977.73 Mn | - | 14.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.65 Mn |
| Dec 31, 2025 | 8.48 Mn |
| Sep 30, 2025 | 2.42 Mn |
| Mar 31, 2025 | 3.42 Mn |
| Dec 31, 2024 | 376,000.00 |
| Sep 30, 2024 | 10.66 Mn |