Lexicon Pharmaceuticals LXRX
NASDAQ LXRX
$2.24 -0.02 (-0.88%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Lexicon Pharmaceuticals (LXRX) posted quarterly 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.

Analysis

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

Lexicon Pharmaceuticals (LXRX) has reported Research & Development for 17 consecutive years, with $12.8 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Research & Development fell 16.64% year-over-year to $12.8 million; the TTM figure through Mar 2026 stood at $58.6 million (down 31.42% YoY), while the FY2025 annual figure was $61.1 million, down 27.65% from the prior year.
  • Research & Development rose to $12.8 million in Q1 2026 per LXRX's latest filing, from $11.3 million in the prior quarter.
  • Across five years, Research & Development topped out at $26.7 million in Q4 2024 and bottomed at $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.
  • Annual changes were most pronounced in 2024 — Research & Development surged 80.77% — and 2025, when it plunged 57.6%.
  • Lexicon Pharmaceuticals' Research & Development stood at $14.0 million in 2022, then advanced by 5.62% to $14.8 million in 2023, then soared by 80.77% to $26.7 million in 2024, then slumped by 57.6% to $11.3 million in 2025, then gained 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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Vertex Pharmaceuticals 138.47 Bn 130.62 Bn 2.84 Bn 993.80 Mn
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn 1.63 Bn
3 Argenx Se 63.38 Bn 58.19 Bn 1.37 Bn -486.00 Mn
4 Moderna 58.09 Bn 52.95 Bn 52.00 Mn 651.00 Mn
5 Revolution Medicines 44.33 Bn 44.33 Bn - 394.92 Mn
6 BeOne Medicines 40.02 Bn 34.92 Bn 1.53 Bn 612.28 Mn
7 Alnylam Pharmaceuticals 35.57 Bn 32.27 Bn 992.69 Mn 413.13 Mn
8 Royalty Pharma 28.45 Bn 27.61 Bn - 97.90 Mn
9 Insmed 27.48 Bn 26.32 Bn 358.27 Mn 210.03 Mn
10 Lexicon Pharmaceuticals 978.15 Mn 787.54 Mn 653,000.00 17.44 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 17.44 Mn
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