Lexeo Therapeutics (LXEO) Operating Expenses (2022 - 2026)
Lexeo Therapeutics (LXEO) reported Operating Expenses of $22.3 million for Q1 2026, down 33.94% on a YoY basis from $33.8 million in Q1 2025, and down 3.39% sequentially from $23.1 million in Q4 2025.
Lexeo Therapeutics (LXEO) Operating Expenses (2022 - 2026) Analysis & Trends
Lexeo Therapeutics (LXEO) has 5 years of Operating Expenses data on file, last reported at $22.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 33.94% year-over-year to $22.3 million; the trailing twelve-month figure through Mar 2026 stood at $97.8 million (down 15.91% YoY), and the FY2025 full-year result was $109.3 million, up 3.3% from the prior year.
- Operating Expenses fell to $22.3 million in Q1 2026, 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 surged 82.86% in 2024 and tumbled 33.94% in 2026, its largest moves.
- Tracing LXEO's Operating Expenses over 5 years: stood at $15.2 million in 2022, then fell by 1.47% to $15.0 million in 2023, then surged by 82.86% to $27.4 million in 2024, then dropped by 15.58% to $23.1 million in 2025, then fell by 3.39% to $22.3 million in 2026.
- Business Quant data shows LXEO's Operating Expenses at $22.3 million in Q1 2026, $23.1 million in Q4 2025, and $21.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 1.10 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.78 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 2.89 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 445.22 Mn |
| 10 | Lexeo Therapeutics | 382.38 Mn | 382.38 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 |