Lb Pharmaceuticals (LBRX) Research & Development (2024 - 2026)
Lb Pharmaceuticals (LBRX) recorded Research & Development of $44.15 million in Q2 2026, compared with $2.42 million a year earlier and up 201.4% from the prior quarter.
Powered by 
Analysis
Lb Pharmaceuticals (LBRX) Research & Development (2024 - 2026) Analysis & Trends
On a TTM basis, Lb Pharmaceuticals' Research & Development came in at $69.69 million as of Jun 30, 2026, up 312.8% year-over-year; for FY2025, it came in at $16.74 million, down 67.3% from FY2024.
- Across earlier years, Research & Development came in at $51.17 million in FY2024.
- The Q2 2026 figure is the highest quarterly Research & Development in data going back to Q3 2024.
- Per Business Quant, the preceding three quarters came in at $14.65 million (Q1 2026), $8.48 million (Q4 2025) and $2.42 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,138.33 Bn | 1,106.91 Bn | 19.71 Bn | 3.82 Bn |
| 2 | Johnson & Johnson | 618.82 Bn | 537.35 Bn | 17.26 Bn | 3.65 Bn |
| 3 | AbbVie | 503.36 Bn | 476.47 Bn | 12.70 Bn | 2.34 Bn |
| 4 | Merck | 369.59 Bn | 323.96 Bn | 12.21 Bn | 9.74 Bn |
| 5 | Novartis Ag | 298.57 Bn | 262.56 Bn | 11.24 Bn | 2.85 Bn |
| 6 | Astrazeneca | 261.25 Bn | 234.94 Bn | 12.86 Bn | 4.05 Bn |
| 7 | Amgen | 237.35 Bn | 192.75 Bn | 7.24 Bn | 1.87 Bn |
| 8 | Gilead Sciences | 191.27 Bn | 165.47 Bn | 6.22 Bn | 1.76 Bn |
| 9 | Pfizer | 170.03 Bn | 116.68 Bn | 10.94 Bn | 2.81 Bn |
| 10 | Lb Pharmaceuticals | 1.19 Bn | -111.47 Mn | - | 44.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.15 Mn |
| Mar 31, 2026 | 14.65 Mn |
| Dec 31, 2025 | 8.48 Mn |
| Sep 30, 2025 | 2.42 Mn |
| Jun 30, 2025 | 2.42 Mn |
| Mar 31, 2025 | 3.42 Mn |
| Dec 31, 2024 | 376,000.00 |
| Sep 30, 2024 | 10.66 Mn |
API Access
Lb Pharmaceuticals Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=LBRX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "LBRX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=LBRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();