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| Date | Value |
|---|---|
| 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 |