Filing Flows › Lipocine (LPCN) › How it makes money
How Lipocine (LPCN) makes money
Lipocine (LPCN) made $2.3M of revenue in the third quarter 2026 (Q3 2026), up 20-fold from a year earlier.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $2.3M | 100.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $2.3M | 20× |
| Q2 2026 | $190K | -70% |
| Q1 2026 | $119K | +27% |
| Q4 2025 | $1.1M | -67% |
| Q3 2025 | $115K | — |
| Q2 2025 | $623K | +595% |
| Q1 2025 | $94K | -99% |
From Lipocine's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Lipocine make money?
Lipocine (LPCN) made $2.3M of revenue in the third quarter 2026 (Q3 2026), up 20-fold from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.