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
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