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
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