Lexicon Pharmaceuticals (LXRX) Operating Expenses (2010 - 2026)
Lexicon Pharmaceuticals' (LXRX) quarterly Operating Expenses came in at $22.1 million in Q1 2026, down 17.98% year-on-year from $26.9 million in Q1 2025, and up 9.0% on a QoQ basis from $20.3 million in Q4 2025.
Lexicon Pharmaceuticals (LXRX) Operating Expenses (2010 - 2026) Analysis & Trends
Lexicon Pharmaceuticals (LXRX) has 17 years of Operating Expenses data on file, last reported at $22.1 million in Q1 2026.
- On a quarterly basis, Operating Expenses fell 17.98% year-over-year to $22.1 million in Q1 2026; TTM through Mar 2026 was $93.9 million, a 55.02% decrease from a year earlier, with the FY2025 full-year figure at $98.7 million, down 56.74% from the prior year.
- Operating Expenses for Q1 2026 stood at $22.1 million, up from $20.3 million in the prior quarter.
- Over the last five years, Operating Expenses for LXRX reached as high as $65.4 million in Q3 2024 and fell as low as $20.3 million in Q4 2025.
- Historically, Operating Expenses has averaged $36.6 million across 5 years, with a median of $30.3 million in 2022.
- Across the five-year window, Operating Expenses soared 115.24% in 2023 and slumped 65.81% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $30.3 million in 2022, then soared by 56.53% to $47.4 million in 2023, then rose by 24.98% to $59.3 million in 2024, then slumped by 65.81% to $20.3 million in 2025, then increased by 9.0% to $22.1 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $22.1 million in Q1 2026, $20.3 million in Q4 2025, and $26.4 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 | Lexicon Pharmaceuticals | 979.13 Mn | 808.47 Mn | 20.99 Mn | 22.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.10 Mn |
| Dec 31, 2025 | 20.27 Mn |
| Sep 30, 2025 | 26.37 Mn |
| Jun 30, 2025 | 25.13 Mn |
| Mar 31, 2025 | 26.94 Mn |
| Dec 31, 2024 | 59.29 Mn |
| Sep 30, 2024 | 65.44 Mn |
| Jun 30, 2024 | 57.00 Mn |
| Mar 31, 2024 | 46.46 Mn |
| Dec 31, 2023 | 47.44 Mn |
| Sep 30, 2023 | 49.79 Mn |
| Jun 30, 2023 | 44.56 Mn |
| Mar 31, 2023 | 31.17 Mn |
| Dec 31, 2022 | 30.31 Mn |
| Sep 30, 2022 | 23.13 Mn |
| Jun 30, 2022 | 24.04 Mn |
| Mar 31, 2022 | 23.42 Mn |
| Dec 31, 2021 | 25.34 Mn |
| Sep 30, 2021 | 22.99 Mn |
| Jun 30, 2021 | 18.19 Mn |