Lineage Cell Therapeutics (LCTX) Research & Development (2010 - 2026)
Lineage Cell Therapeutics' (LCTX) quarterly Research & Development came in at $4.2 million in Q1 2026, up 35.97% year-on-year from $3.1 million in Q1 2025, and down 48.6% quarter-over-quarter from $8.2 million in Q4 2025.
Lineage Cell Therapeutics (LCTX) Research & Development (2010 - 2026) Analysis & Trends
Lineage Cell Therapeutics' Research & Development history runs 17 years deep, the most recent figure standing at $4.2 million for Q1 2026.
- On a quarterly basis, Research & Development rose 35.97% year-over-year to $4.2 million in Q1 2026; TTM through Mar 2026 was $18.8 million, a 49.88% increase from a year earlier, with the FY2025 full-year figure at $17.7 million, up 42.15% from the prior year.
- Research & Development declined to $4.2 million in Q1 2026 per LCTX's latest filing, from $8.2 million in the prior quarter.
- Across five years, Research & Development topped out at $8.2 million in Q4 2025 and bottomed at $2.9 million in Q2 2024.
- The 5-year median for Research & Development is $3.4 million (2024), against an average of $3.8 million.
- Across the five-year window, Research & Development plunged 83.44% in 2022 and surged 140.67% in 2025, its largest moves.
- Year by year, Research & Development stood at $4.1 million in 2022, then decreased by 4.82% to $3.9 million in 2023, then retreated by 12.37% to $3.4 million in 2024, then jumped by 140.67% to $8.2 million in 2025, then sank by 48.6% to $4.2 million in 2026.
- Per Business Quant, the three latest LCTX Research & Development figures stand at $4.2 million (Q1 2026), $8.2 million (Q4 2025), and $3.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -17.94 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 1.46 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 541.22 Mn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 961.60 Mn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 1.54 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 15.66 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -443.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 343.97 Mn |
| 10 | Lineage Cell Therapeutics | 251.15 Mn | 188.44 Mn | 1.73 Mn | 4.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.23 Mn |
| Dec 31, 2025 | 8.24 Mn |
| Sep 30, 2025 | 3.27 Mn |
| Jun 30, 2025 | 3.11 Mn |
| Mar 31, 2025 | 3.11 Mn |
| Dec 31, 2024 | 3.42 Mn |
| Sep 30, 2024 | 3.17 Mn |
| Jun 30, 2024 | 2.87 Mn |
| Mar 31, 2024 | 3.01 Mn |
| Dec 31, 2023 | 3.91 Mn |
| Sep 30, 2023 | 3.74 Mn |
| Jun 30, 2023 | 3.87 Mn |
| Mar 31, 2023 | 4.19 Mn |
| Dec 31, 2022 | 4.10 Mn |
| Sep 30, 2022 | 3.59 Mn |
| Jun 30, 2022 | 3.30 Mn |
| Mar 31, 2022 | 2.99 Mn |
| Dec 31, 2021 | 24.78 Mn |
| Sep 30, 2021 | 2.81 Mn |
| Jun 30, 2021 | 2.93 Mn |