Lb Pharmaceuticals LBRX
NASDAQ LBRX
$49.46 +1.94 (+4.08%)
As of: Sep 4, 2026 · 3:15 PM EDT

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

Historic Data

Download Data
DateValue
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