Larimar Therapeutics (LRMR) Research & Development (2013 - 2025)
Larimar Therapeutics (LRMR) posted Research & Development of $59.4 million for Q4 2025, up 32.14% on a QoQ basis from $44.9 million in Q3 2025, and up 122.05% year-over-year from $26.7 million in Q4 2024.
Larimar Therapeutics (LRMR) Research & Development (2013 - 2025) Analysis & Trends
Larimar Therapeutics' Research & Development history runs 13 years deep, the most recent figure standing at $59.4 million for Q4 2025.
- Quarterly Research & Development rose 122.05% year-over-year to $59.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $154.2 million (up 110.46% YoY) and the FY2025 annual result came in at $154.2 million, up 110.46% from the prior year.
- Research & Development was $59.4 million for Q4 2025 at Larimar Therapeutics, up from $44.9 million in the prior quarter.
- Across five years, Research & Development topped out at $59.4 million in Q4 2025 and bottomed at $4.6 million in Q1 2023.
- A 5-year average of $15.9 million and a median of $9.9 million in 2021 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development plunged 60.21% — and 2024, when it soared 235.01%.
- Larimar Therapeutics' Research & Development stood at $6.3 million in 2021, then climbed by 14.72% to $7.2 million in 2022, then soared by 47.52% to $10.6 million in 2023, then soared by 151.11% to $26.7 million in 2024, then surged by 122.05% to $59.4 million in 2025.
- Business Quant data shows LRMR's Research & Development at $59.4 million in Q4 2025, $44.9 million in Q3 2025, and $23.4 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,102.16 Bn | 67,101.87 Bn | - | -17.94 Mn |
| 2 | Nanobiotix | 1,913.50 Bn | 1,913.44 Bn | - | - |
| 3 | Akari Therapeutics | 959.56 Bn | 959.56 Bn | - | 1.46 Mn |
| 4 | BeOne Medicines | 473.74 Bn | 468.95 Bn | 1.35 Bn | 541.22 Mn |
| 5 | Vertex Pharmaceuticals | 122.07 Bn | 114.82 Bn | 2.59 Bn | 961.60 Mn |
| 6 | Regeneron Pharmaceuticals | 70.00 Bn | 61.24 Bn | 3.31 Bn | 1.54 Bn |
| 7 | Belite Bio | 62.34 Bn | 62.34 Bn | - | 15.66 Mn |
| 8 | Argenx Se | 55.96 Bn | 50.77 Bn | 1.41 Bn | 1.37 Bn |
| 9 | Alnylam Pharmaceuticals | 37.49 Bn | 34.48 Bn | 959.66 Mn | 364.87 Mn |
| 10 | Larimar Therapeutics | 36.62 Mn | -100.23 Mn | - | 59.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 59.37 Mn |
| Sep 30, 2025 | 44.93 Mn |
| Jun 30, 2025 | 23.37 Mn |
| Mar 31, 2025 | 26.55 Mn |
| Dec 31, 2024 | 26.74 Mn |
| Sep 30, 2024 | 13.92 Mn |
| Jun 30, 2024 | 19.68 Mn |
| Mar 31, 2024 | 12.94 Mn |
| Dec 31, 2023 | 10.65 Mn |
| Sep 30, 2023 | 6.59 Mn |
| Jun 30, 2023 | 5.88 Mn |
| Mar 31, 2023 | 4.56 Mn |
| Dec 31, 2022 | 7.22 Mn |
| Sep 30, 2022 | 5.58 Mn |
| Jun 30, 2022 | 5.64 Mn |
| Mar 31, 2022 | 5.81 Mn |
| Dec 31, 2021 | 6.29 Mn |
| Sep 30, 2021 | 14.03 Mn |
| Jun 30, 2021 | 9.10 Mn |
| Mar 31, 2021 | 8.97 Mn |