Lexaria Bioscience (LEXX) Operating Expenses (2017 - 2026)

Lexaria Bioscience's (LEXX) quarterly Operating Expenses came in at $1.5 million in Q1 2026, down 49.68% year-on-year from $2.9 million in Q1 2025, and down 6.46% quarter-over-quarter from $1.6 million in Q4 2025.

Lexaria Bioscience (LEXX) Operating Expenses (2017 - 2026) Analysis & Trends

Lexaria Bioscience has disclosed Operating Expenses across 10 years of filings, most recently posting $1.5 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $1.5 million, down 49.68% year-over-year; the trailing twelve-month figure through Feb 2026 was $9.8 million (down 0.79% YoY), and the FY2025 annual result was $12.6 million, up 102.56% from the prior year.
  • Operating Expenses came in at $1.5 million for Q1 2026 at Lexaria Bioscience, down from $1.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $3.9 million in Q2 2025 to a low of $813005.0 in Q1 2024.
  • The 5-year median for Operating Expenses is $1.8 million (2022), against an average of $2.0 million.
  • Across the five-year window, Operating Expenses jumped 259.78% in 2025 and tumbled 49.68% in 2026, its largest moves.
  • Lexaria Bioscience's Operating Expenses stood at $1.8 million in 2022, then fell by 27.67% to $1.3 million in 2023, then surged by 123.39% to $2.9 million in 2024, then slumped by 45.21% to $1.6 million in 2025, then slipped by 6.46% to $1.5 million in 2026.
  • The last three Operating Expenses figures came in at $1.5 million (Q1 2026), $1.6 million (Q4 2025), and $2.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 788,338.31 Bn 788,338.28 Bn - 4.33 Mn
2 Belite Bio 56,560.00 Bn 56,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,329.30 Bn 17,329.30 Bn - 2.97 Mn
4 Legend Biotech 3,341.00 Bn 3,340.71 Bn 242.10 Mn -138.30 Mn
5 Akari Therapeutics 1,727.91 Bn 1,727.91 Bn - 15.76 Mn
6 Evaxion A 1,536.68 Bn 1,536.67 Bn - -3.82 Mn
7 Psyence Biomedical 238.34 Bn 238.33 Bn - 574,669.00
8 Vertex Pharmaceuticals 113.42 Bn 106.17 Bn 2.59 Bn 1.85 Bn
9 Abivax 95.45 Bn 95.45 Bn - -67.40 Mn
10 Lexaria Bioscience 7.63 Mn 2.11 Mn 20,000.00 1.47 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 1.47 Mn
Nov 30, 2025 1.57 Mn
Aug 31, 2025 2.86 Mn
May 31, 2025 3.92 Mn
Feb 28, 2025 2.93 Mn
Nov 30, 2024 2.87 Mn
Aug 31, 2024 2.29 Mn
May 31, 2024 1.83 Mn
Feb 29, 2024 813,005.00
Nov 30, 2023 1.29 Mn
Aug 31, 2023 1.14 Mn
May 31, 2023 2.47 Mn
Feb 28, 2023 1.34 Mn
Nov 30, 2022 1.78 Mn
Aug 31, 2022 818,448.00
May 31, 2022 2.50 Mn
Feb 28, 2022 1.47 Mn
Nov 30, 2021 2.01 Mn
Aug 31, 2021 1.31 Mn
May 31, 2021 2.71 Mn