Lb Pharmaceuticals (LBRX) Research & Development (2024 - 2026)
Lb Pharmaceuticals (LBRX) posted quarterly Research & Development of $14.6 million for Q1 2026, up 328.09% year-over-year from $3.4 million in Q1 2025, and up 72.64% quarter-over-quarter from $8.5 million in Q4 2025.
Analysis
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.
- In Q1 2026, Research & Development rose 328.09% year-over-year to $14.6 million; the TTM figure through Mar 2026 stood at $29.0 million (changed N/A YoY), while the FY2025 annual figure was $16.7 million, down 67.28% from the prior year.
- Research & Development for Q1 2026 stood at $14.6 million, up from $8.5 million in the prior quarter.
- The five-year high for Research & Development was $14.6 million in Q1 2026, with the low 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.
- Peak annual rise in Research & Development reached 2156.12% in 2025, while the deepest fall reached 77.32% in 2025.
- Lb Pharmaceuticals' Research & Development stood at $376000.0 in 2024, then soared by 2156.12% to $8.5 million in 2025, then surged by 72.64% to $14.6 million in 2026.
- Business Quant data shows LBRX's Research & Development at $14.6 million in Q1 2026, $8.5 million in Q4 2025, and $2.4 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.51 Bn | 130.66 Bn | 2.84 Bn | 993.80 Mn |
| 2 | Regeneron Pharmaceuticals | 85.24 Bn | 77.25 Bn | 3.93 Bn | 1.63 Bn |
| 3 | Argenx Se | 63.46 Bn | 58.28 Bn | 1.37 Bn | -486.00 Mn |
| 4 | Moderna | 57.89 Bn | 52.75 Bn | 52.00 Mn | 651.00 Mn |
| 5 | Revolution Medicines | 44.02 Bn | 44.02 Bn | - | 394.92 Mn |
| 6 | BeOne Medicines | 39.95 Bn | 34.85 Bn | 1.53 Bn | 612.28 Mn |
| 7 | Alnylam Pharmaceuticals | 35.49 Bn | 32.19 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Royalty Pharma | 28.43 Bn | 27.59 Bn | - | 97.90 Mn |
| 9 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | 210.03 Mn |
| 10 | Lb Pharmaceuticals | 1.49 Bn | 1.49 Bn | - | 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 |