Lexeo Therapeutics (LXEO) Research & Development (2022 - 2026)
Lexeo Therapeutics' (LXEO) quarterly Research & Development came in at $15.7 million in Q1 2026, down 8.55% year-on-year from $17.2 million in Q1 2025, and little changed quarter-over-quarter from $15.7 million in Q3 2025.
Lexeo Therapeutics (LXEO) Research & Development (2022 - 2026) Analysis & Trends
Lexeo Therapeutics has disclosed Research & Development across 5 years of filings, most recently posting $15.7 million for Q1 2026.
- Research & Development for Q1 2026 came in at $15.7 million, down 8.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $46.1 million (down 38.93% YoY), and the FY2025 annual result was $63.8 million, down 13.89% from the prior year.
- Research & Development came in at $15.7 million for Q1 2026 at Lexeo Therapeutics, roughly flat 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.
- The 5-year median for Research & Development is $15.7 million (2024), against an average of $11.7 million.
- Across the five-year window, Research & Development sank 494.48% in 2023 and surged 140.89% in 2024, its largest moves.
- Lexeo Therapeutics' Research & Development stood at $11.4 million in 2022, then tumbled by 494.48% to -$44.9 million in 2023, then soared by 140.89% to $18.4 million in 2024, then retreated by 14.54% to $15.7 million in 2025, then increased by 0.05% to $15.7 million in 2026.
- The last three Research & Development figures came in at $15.7 million (Q1 2026), $15.7 million (Q3 2025), and $14.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.32 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 15.66 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 626,092.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -101.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -2.30 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 1.46 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 357,444.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 961.60 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -58.00 Mn |
| 10 | Lexeo Therapeutics | 405.92 Mn | 212.88 Mn | - | 15.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |