Lipocine (LPCN) Revenue (2018 - 2025)
Lipocine's Revenue was $114,574 in Q3 2025, down 81.6% from the prior quarter.
Powered by 
Analysis
Lipocine (LPCN) Revenue (2018 - 2025) Analysis & Trends
On a trailing twelve-month basis, Lipocine's Revenue was $4.32 million through Sep 30, 2025, down 42.3% year-over-year; for FY2024, it was $11.2 million, up 292.8% from FY2023.
- Revenue shows a five-year compound annual growth rate of 132.5% (FY2019 to FY2024).
- In earlier years, Revenue was $2.85 million in FY2023 (+470.2%), $500,000 in FY2022 (-96.9%) and $16.14 million in FY2021.
- Quarterly Revenue has moved between -$216,188 (Q4 2023) and $16.09 million (Q4 2021) over five years.
- Per Business Quant data, LPCN's Revenue in the three quarters before Q3 2025 was $622,849 (Q2 2025), $93,864 (Q1 2025) and $3.49 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 25.31 Bn |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 16.99 Bn |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | 16.61 Bn |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | 14.41 Bn |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | 15.38 Bn |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 10.05 Bn |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | 7.80 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 15.03 Bn |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | 3.33 Bn |
| 10 | Lipocine | 11.71 Mn | -56.01 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 114,574.00 |
| Jun 30, 2025 | 622,849.00 |
| Mar 31, 2025 | 93,864.00 |
| Dec 31, 2024 | 3.49 Mn |
| Jun 30, 2024 | 89,565.00 |
| Mar 31, 2024 | 7.62 Mn |
| Dec 31, 2023 | -216,188.00 |
| Sep 30, 2023 | 3.12 Mn |
| Mar 31, 2023 | 54,990.00 |
| Jun 30, 2022 | 500,000.00 |
| Dec 31, 2021 | 16.09 Mn |
| Sep 30, 2021 | 55,000.00 |
| Sep 30, 2019 | 164,990.00 |
| Mar 31, 2018 | 428,031.00 |
API Access
Lipocine Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=revenue&ticker=LPCN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "ticker": "LPCN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=revenue&ticker=LPCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();