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

Lexicon Pharmaceuticals' (LXRX) quarterly Research & Development came in at $12.8 million in Q1 2026, down 16.64% year-on-year from $15.3 million in Q1 2025, and up 12.74% on a QoQ basis 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.

  • On a quarterly basis, Research & Development fell 16.64% year-over-year to $12.8 million in Q1 2026; TTM through Mar 2026 was $58.6 million, a 31.42% decrease from a year earlier, with the FY2025 full-year figure at $61.1 million, down 27.65% from the prior year.
  • Research & Development for Q1 2026 stood at $12.8 million, up from $11.3 million in the prior quarter.
  • Over the last five years, Research & Development for LXRX reached as high as $26.7 million in Q4 2024 and fell as low as $10.6 million in Q3 2022.
  • Historically, Research & Development has averaged $15.9 million across 5 years, with a median of $14.8 million in 2023.
  • Across the five-year window, Research & Development soared 80.77% in 2024 and slumped 57.6% in 2025, its largest moves.
  • Year by year, Research & Development stood at $14.0 million in 2022, then grew by 5.62% to $14.8 million in 2023, then surged by 80.77% to $26.7 million in 2024, then slumped by 57.6% to $11.3 million in 2025, then climbed by 12.74% to $12.8 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $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 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -17.94 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 541.22 Mn
4 NuCana 279.75 Bn 279.75 Bn - -2.31 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 15.66 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 1.37 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 343.97 Mn
10 Lexicon Pharmaceuticals 979.13 Mn 808.47 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