Growth Metrics

Lexeo Therapeutics (LXEO) Operating Expenses (2022 - 2026)

Lexeo Therapeutics recorded quarterly Operating Expenses of $22.3 million in Q1 2026, down 3.39% quarter-over-quarter from $23.1 million in Q4 2025, and down 33.94% year-over-year from $33.8 million in Q1 2025.

Lexeo Therapeutics' Operating Expenses history runs 5 years deep, the most recent figure standing at $22.3 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 33.94% year-over-year to $22.3 million; the TTM figure through Mar 2026 stood at $97.8 million (down 15.91% YoY), while the FY2025 annual figure was $109.3 million, up 3.3% from the prior year.
  • Operating Expenses came in at $22.3 million for Q1 2026 at Lexeo Therapeutics, down from $23.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $33.8 million in Q1 2025 to a low of $14.0 million in Q2 2023.
  • A 5-year average of $22.6 million and a median of $22.3 million in 2026 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 82.86% in 2024 and plunged 33.94% in 2026, its largest moves.
  • Lexeo Therapeutics' Operating Expenses stood at $15.2 million in 2022, then decreased by 1.47% to $15.0 million in 2023, then jumped by 82.86% to $27.4 million in 2024, then fell by 15.58% to $23.1 million in 2025, then decreased by 3.39% to $22.3 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $22.3 million, $23.1 million, and $21.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - 2.97 Mn
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - 4.33 Mn
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -138.30 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 15.76 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 1.85 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -3.82 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 2.96 Bn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 898.54 Mn
10 Lexeo Therapeutics 392.12 Mn 199.07 Mn - 22.33 Mn

Historic Data

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DateValue
Mar 31, 2026 22.33 Mn
Dec 31, 2025 23.12 Mn
Sep 30, 2025 21.65 Mn
Jun 30, 2025 30.69 Mn
Mar 31, 2025 33.81 Mn
Dec 31, 2024 27.38 Mn
Sep 30, 2024 31.54 Mn
Jun 30, 2024 23.55 Mn
Mar 31, 2024 23.29 Mn
Dec 31, 2023 14.97 Mn
Sep 30, 2023 20.27 Mn
Jun 30, 2023 13.98 Mn
Mar 31, 2023 19.29 Mn
Dec 31, 2022 15.20 Mn
Sep 30, 2022 18.01 Mn