Lexicon Pharmaceuticals (LXRX) Research & Development (2010 - 2026)

Lexicon Pharmaceuticals (LXRX) reported Research & Development of $12.8 million for Q1 2026, down 16.64% year-over-year from $15.3 million in Q1 2025, and up 12.74% quarter-over-quarter from $11.3 million in Q4 2025.

Lexicon Pharmaceuticals (LXRX) Research & Development (2010 - 2026) Analysis & Trends

Lexicon Pharmaceuticals (LXRX) has 17 years of Research & Development data on file, last reported at $12.8 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $12.8 million, down 16.64% year-over-year; the trailing twelve-month figure through Mar 2026 was $58.6 million (down 31.42% YoY), and the FY2025 annual result was $61.1 million, down 27.65% from the prior year.
  • Research & Development advanced to $12.8 million in Q1 2026 per LXRX's latest filing, from $11.3 million in the prior quarter.
  • Over five years, Research & Development peaked at $26.7 million in Q4 2024 and troughed at $10.6 million in Q3 2022.
  • A 5-year average of $15.9 million and a median of $14.8 million in 2023 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2024 and 2025: Research & Development surged 80.77% in 2024, then plunged 57.6% in 2025.
  • A 5-year view of Research & Development shows it stood at $14.0 million in 2022, then gained by 5.62% to $14.8 million in 2023, then surged by 80.77% to $26.7 million in 2024, then sank by 57.6% to $11.3 million in 2025, then rose by 12.74% to $12.8 million in 2026.
  • Business Quant data shows LXRX's Research & Development at $12.8 million in Q1 2026, $11.3 million in Q4 2025, and $18.8 million in Q3 2025.

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 Lexicon Pharmaceuticals 804.48 Mn 633.82 Mn 20.99 Mn 12.76 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 12.76 Mn
Dec 31, 2025 11.32 Mn
Sep 30, 2025 18.76 Mn
Jun 30, 2025 15.75 Mn
Mar 31, 2025 15.30 Mn
Dec 31, 2024 26.69 Mn
Sep 30, 2024 25.78 Mn
Jun 30, 2024 17.64 Mn
Mar 31, 2024 14.37 Mn
Dec 31, 2023 14.76 Mn
Sep 30, 2023 17.56 Mn
Jun 30, 2023 14.54 Mn
Mar 31, 2023 12.03 Mn
Dec 31, 2022 13.98 Mn
Sep 30, 2022 10.56 Mn
Jun 30, 2022 13.36 Mn
Mar 31, 2022 14.93 Mn
Dec 31, 2021 16.50 Mn
Sep 30, 2021 15.68 Mn
Jun 30, 2021 10.26 Mn