Lakefront Biotherapeutics LKFT
NASDAQ LKFT
$28.60 -0.42 (-1.45%)
As of: Sep 4, 2026 · 2:24 PM EDT

Lakefront Biotherapeutics (LKFT) Research & Development (2016 - 2026)

Lakefront Biotherapeutics (LKFT) posted quarterly Research & Development of -$36.2 million for Q1 2026, up 81.14% year-over-year from -$20.0 million in Q1 2025, and down 103.84% quarter-over-quarter from $944.4 million in Q4 2025.

Analysis

Lakefront Biotherapeutics (LKFT) Research & Development (2016 - 2026) Analysis & Trends

Lakefront Biotherapeutics (LKFT) has reported Research & Development for 11 consecutive years, with -$36.2 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Research & Development rose 81.14% year-over-year to -$36.2 million; the TTM figure through Mar 2026 stood at $704.1 million (up 197.67% YoY), while the FY2025 annual figure was $534.8 million, up 49.19% from the prior year.
  • Research & Development retreated to -$36.2 million in Q1 2026 per LKFT's latest filing, from $944.4 million in the prior quarter.
  • Across five years, Research & Development topped out at $944.4 million in Q4 2025 and bottomed at -$396.8 million in Q3 2025.
  • Historically, Research & Development has averaged $122.8 million across 5 years, with a median of -$32.5 million in 2022.
  • On a YoY basis, Research & Development climbed as much as 196.58% in 2025 and fell as far as 147.09% in 2025.
  • Lakefront Biotherapeutics' Research & Development stood at $382.7 million in 2022, then rose by 14.85% to $439.5 million in 2023, then jumped by 39.49% to $613.1 million in 2024, then soared by 54.04% to $944.4 million in 2025, then plunged by 103.84% to -$36.2 million in 2026.
  • Business Quant data shows LKFT's Research & Development at -$36.2 million in Q1 2026, $944.4 million in Q4 2025, and -$396.8 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Vertex Pharmaceuticals 138.87 Bn 131.01 Bn 2.84 Bn 993.80 Mn
2 Regeneron Pharmaceuticals 85.57 Bn 77.57 Bn 3.93 Bn 1.63 Bn
3 Argenx Se 63.51 Bn 58.32 Bn 1.37 Bn -486.00 Mn
4 Moderna 58.19 Bn 53.05 Bn 52.00 Mn 651.00 Mn
5 Revolution Medicines 44.07 Bn 44.07 Bn - 394.92 Mn
6 BeOne Medicines 39.99 Bn 34.89 Bn 1.53 Bn 612.28 Mn
7 Alnylam Pharmaceuticals 35.38 Bn 32.07 Bn 992.69 Mn 413.13 Mn
8 Royalty Pharma 28.42 Bn 27.58 Bn - 97.90 Mn
9 Insmed 27.41 Bn 26.25 Bn 358.27 Mn 210.03 Mn
10 Lakefront Biotherapeutics 1.89 Bn 1.89 Bn 3.51 Mn -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 -36.25 Mn
Dec 31, 2025 -534.38 Bn
Sep 30, 2025 -396.77 Mn
Jun 30, 2025 192.70 Mn
Mar 31, 2025 -192.23 Mn
Dec 31, 2024 -358.22 Bn
Sep 30, 2024 -249.29 Mn
Jun 30, 2024 64.97 Mn
Mar 31, 2024 -77.80 Mn
Dec 31, 2023 -259.44 Bn
Mar 31, 2023 -56.41 Mn
Dec 31, 2022 -274.89 Bn
Mar 31, 2022 -112.15 Mn
Jun 30, 2021 167.23 Mn
Mar 31, 2021 -156.76 Mn
Jun 30, 2020 162.41 Mn
Mar 31, 2020 -128.90 Mn
Dec 31, 2019 -134.87 Mn
Sep 30, 2019 -134.28 Mn
Jun 30, 2019 -106.04 Mn