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Axsome Therapeutics (AXSM) R&D spending by quarter

Axsome Therapeutics' R&D spending was $50.6M in Q3 2026 (third quarter 2026), +9% from Q2 2026. Over the last 5 quarters it ranged from $40.2M (Q3 2025) to $52.7M (Q1 2026).

Axsome Therapeutics R&D spending by quarterAxsome Therapeutics R&D spending by quarter$44.8MQ1 2025$40.2MQ3 2025$52.7MQ1 2026$46.2MQ2 2026$50.6MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$50.6M+9%+26%
Q2 2026$46.2M-12%—
Q1 2026$52.7M+31%+18%
Q3 2025$40.2M-10%—
Q1 2025$44.8M——

Q3 2026 at a glance

Axsome Therapeutics, Q3 2026: revenue $260M (+52% year over year), operating margin -4.3%, net loss $12.9M, operating cash flow −$9.5M. The chart follows the revenue to costs, profit and cash.

Questions

What is Axsome Therapeutics' R&D spending?

Axsome Therapeutics' R&D spending was $50.6M in Q3 2026 (third quarter 2026), +9% from Q2 2026.

How has Axsome Therapeutics' R&D spending changed?

Over the last 5 quarters it ranged from $40.2M (Q3 2025) to $52.7M (Q1 2026).

Q3 2026 results → · How Axsome Therapeutics makes money →