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
Download Data| Date | Value |
|---|---|
| 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 |