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
DateValue
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