Lexicon Pharmaceuticals (LXRX) Operating Expenses (2010 - 2026)

Lexicon Pharmaceuticals (LXRX) reported Operating Expenses of $22.1 million for Q1 2026, down 17.98% year-over-year from $26.9 million in Q1 2025, and up 9.0% quarter-over-quarter 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.

  • Operating Expenses for Q1 2026 came in at $22.1 million, down 17.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $93.9 million (down 55.02% YoY), and the FY2025 annual result was $98.7 million, down 56.74% from the prior year.
  • Operating Expenses advanced to $22.1 million in Q1 2026 per LXRX's latest filing, from $20.3 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $65.4 million in Q3 2024 and troughed at $20.3 million in Q4 2025.
  • A 5-year average of $36.6 million and a median of $30.3 million in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses surged 115.24% in 2023, then plunged 65.81% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $30.3 million in 2022, then soared by 56.53% to $47.4 million in 2023, then climbed by 24.98% to $59.3 million in 2024, then sank by 65.81% to $20.3 million in 2025, then advanced by 9.0% to $22.1 million in 2026.
  • Business Quant data shows LXRX's Operating Expenses at $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 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 Lexicon Pharmaceuticals 804.48 Mn 633.82 Mn 20.99 Mn 22.10 Mn

Historic Data

Download Data
DateValue
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