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Segments

By segment

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Reportable Segment$16.06M+13.7%

Other financials

Income statement

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Revenue$692.0K-97.6%
Gross profit$653.0K-97.7%
Operating income-$26.5M-810%
Net income-$31.8M-1,077%
EPS (diluted)-$0.07-800%

Balance sheet

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Cash & equivalents$40.9M-18.7%
Total debt$59.2M-3.6%
Total equity$174.5M+34.8%
Total assets$250.1M+10.9%

Cash flow

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Operating cash flow-$9.2M
CapEx--100%
Free cash flow-$17.2M+21.5%

Valuation

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Market cap$1.1B+191%
Enterprise value$1.12B+187%
P/S26.5×+20.0×

Profitability

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Gross margin99.1%0.0pp
Operating margin-131.4%-34.2pp
Net margin-147.4%-32.8pp
FCF margin-578.5%-283pp

Returns & leverage

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Return on equity-40.2%-11.2pp
Debt / equity0.3×-0.1×
Current ratio13.4×+9.2×

Where this comes from

Reported directly by Lexicon Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Lexicon Pharmaceuticals’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001062822-26-000117
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total revenues69228,86621,79430,128
Operating expenses:
Cost of sales393314763
Research and development, including stock-based compensation of $1,384, $1,620, $2,753, and $3,194 respectively17,44315,74730,19931,050
Selling, general and administrative, including stock-based compensation of $1,952, $1,575, $3,661, and $3,044 respectively9,7509,35018,98420,958
Total operating expenses27,23225,13049,33052,071
(Loss) income from operations(26,540)3,736(27,536)(21,943)
Interest and other expense(2,609)(2,318)(4,199)(4,153)

Item 1. Financial Statements

FAQ

What is Lexicon Pharmaceuticals's R&D?
Lexicon Pharmaceuticals (LXRX) reported R&D of $17.44M in Q2 2026.
How has Lexicon Pharmaceuticals's R&D changed year-over-year?
Lexicon Pharmaceuticals's R&D increased by 10.8% year-over-year, from $15.75M to $17.44M.
What is the long-term trend for Lexicon Pharmaceuticals's R&D?
Over 4 years (2021 to 2025), Lexicon Pharmaceuticals's R&D has grown at a 2.7% compound annual growth rate (CAGR), from $55.05M to $61.12M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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