Lexeo Therapeutics (LXEO) Research & Development (2022 - 2026)

Lexeo Therapeutics (LXEO) reported Research & Development of $15.7 million for Q1 2026, down 8.55% on a YoY basis from $17.2 million in Q1 2025, and little changed sequentially from $15.7 million in Q3 2025.

Lexeo Therapeutics (LXEO) Research & Development (2022 - 2026) Analysis & Trends

Lexeo Therapeutics (LXEO) has 5 years of Research & Development data on file, last reported at $15.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development fell 8.55% year-over-year to $15.7 million; the trailing twelve-month figure through Mar 2026 stood at $46.1 million (down 38.93% YoY), and the FY2025 full-year result was $63.8 million, down 13.89% from the prior year.
  • Research & Development held at $15.7 million in Q1 2026, from $15.7 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $23.4 million in Q3 2024 to a low of -$44.9 million in Q4 2023.
  • A 5-year average of $11.7 million and a median of $15.7 million in 2024 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development tumbled 494.48% in 2023 and surged 140.89% in 2024, its largest moves.
  • Tracing LXEO's Research & Development over 5 years: stood at $11.4 million in 2022, then plunged by 494.48% to -$44.9 million in 2023, then surged by 140.89% to $18.4 million in 2024, then fell by 14.54% to $15.7 million in 2025, then grew by 0.05% to $15.7 million in 2026.
  • Business Quant data shows LXEO's Research & Development at $15.7 million in Q1 2026, $15.7 million in Q3 2025, and $14.7 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -17.94 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 1.46 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 541.22 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 15.66 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -443.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 343.97 Mn
10 Lexeo Therapeutics 379.94 Mn 379.94 Mn - 15.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 15.70 Mn
Sep 30, 2025 15.70 Mn
Jun 30, 2025 14.72 Mn
Mar 31, 2025 17.17 Mn
Dec 31, 2024 18.37 Mn
Sep 30, 2024 23.42 Mn
Jun 30, 2024 16.56 Mn
Mar 31, 2024 15.74 Mn
Dec 31, 2023 -44.92 Mn
Sep 30, 2023 17.25 Mn
Jun 30, 2023 11.24 Mn
Mar 31, 2023 16.44 Mn
Dec 31, 2022 11.39 Mn
Sep 30, 2022 15.36 Mn