Lexicon Pharmaceuticals, Inc. income statement
In fiscal 2025, Lexicon Pharmaceuticals, Inc. reported revenue of $49.8m, up 60.2% on the year before, operating income of −$48.9m (a -98.2% margin) and net income of −$50.3m, or −$0.14 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11 | 5 | 2 | 1 | 2 | 23 | 130 | 79 | 92 | 63 | 322 | 24 | 0 | 0 | 1 | 31 | 50 | 41 |
| Cost of revenue | — | — | — | — | — | — | — | 0 | 2 | 2 | 3 | 2 | 0 | 0 | 0 | 1 | 0 | 0 |
| Gross profit | — | — | — | — | — | — | — | 79 | 90 | 61 | 319 | 22 | 0 | 0 | 1 | 30 | 50 | 41 |
| Research and development | 81 | 79 | 92 | 83 | 90 | 89 | 95 | 164 | 152 | 100 | 92 | 154 | 55 | 53 | 59 | 84 | 61 | 60 |
| Selling, general and administrative | — | — | — | — | — | — | — | — | — | — | — | — | 32 | 48 | 114 | 143 | 37 | 35 |
| General and administrative | 19 | 19 | 17 | 17 | 17 | 19 | 24 | 43 | 66 | 64 | 57 | 47 | — | — | — | — | — | — |
| Operating income | −90 | −96 | −114 | −108 | −102 | −100 | 1 | −127 | −131 | −103 | 141 | −48 | −87 | −101 | −172 | −197 | −49 | −55 |
| Interest expense | 3 | 3 | 3 | 2 | 2 | 2 | 7 | 7 | 7 | 21 | 21 | 15 | 1 | 3 | — | — | — | — |
| Income before tax | −93 | −102 | −116 | −110 | −104 | −100 | −5 | −131 | −136 | −121 | 124 | −59 | −88 | — | — | — | — | — |
| Income tax | −0 | −0 | 0 | 0 | 0 | −0 | 0 | 0 | — | — | — | — | 0 | 0 | 0 | 0 | — | — |
| Net income | −83 | −102 | −116 | −110 | −104 | −100 | −5 | −131 | −123 | −121 | 130 | −59 | −88 | −102 | −177 | −200 | −50 | −61 |
| Diluted EPS | −$0.57 | −$2.38 | −$2.38 | −$1.61 | −$1.42 | −$1.31 | −$0.05 | −$1.27 | −$1.17 | −$1.14 | $1.16 | −$0.53 | −$0.60 | −$0.62 | −$0.80 | −$0.63 | −$0.14 | −$0.16 |
| Diluted shares (average) | — | 43m | 49m | 70m | 73m | 76m | 104m | 104m | 105m | 106m | 117m | 111m | 146m | 166m | 221m | 320m | 363m | 391m |
| EBITDA | −84 | −90 | −109 | −104 | −100 | −98 | 2 | −125 | −127 | −100 | 145 | −45 | −87 | −100 | −171 | −197 | −48 | −54 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 27 | 1 | 29 | 14 | 5 | 21 | 1 |
| Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross profit | 2 | 26 | 1 | 29 | 14 | 5 | 21 | 1 |
| Research and development | 26 | 27 | 15 | 16 | 19 | 11 | 13 | 17 |
| Selling, general and administrative | 40 | 32 | 12 | 9 | 8 | 9 | 9 | 10 |
| Operating income | −64 | −33 | −26 | 4 | −12 | −15 | −1 | −27 |
| Net income | −65 | −34 | −25 | 3 | −13 | −16 | −1 | −32 |
| Diluted EPS | −$0.18 | −$0.09 | −$0.07 | $0.01 | −$0.04 | −$0.04 | $0.00 | −$0.07 |
| EBITDA | −64 | −33 | −26 | 4 | −12 | −15 | −1 | −26 |
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