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Lexicon Pharmaceuticals (LXRX) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

Lexicon Pharmaceuticals (LXRX) reported revenue of $692K for the second quarter 2026 (Q2 2026), -98% from a year earlier and -97% from the quarter before.

Revenue$692K
Year over year-98%
Quarter over quarter-97%
Operating margin—
Net earnings−$31.8M

Lexicon Pharmaceuticals, Q2 2026: revenue $692K (-98% year over year), net loss $31.8M, operating cash flow −$9.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$692K-97%-98%
Operating profit−$26.5M—-810%
Net earnings−$31.8M—-1077%
Operating cash flow−$9.2M—-154%

What changed

Revenue was $692K in Q2 2026, down 98% year over year and down 97% from the previous quarter.

Operating costs exceeded revenue by $26.5M, an operating margin of -3835.3%. Total costs grew 8% against a revenue fall of 98%. The fastest-growing cost line was Cost of revenue (+18%). The quarter ended with a net loss of $31.8M, wider than the previous quarter's $1.0M loss.

Operating cash flow was −$9.2M. Non-cash charges added back $102K of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items added $19.1M.

Questions

What was Lexicon Pharmaceuticals' revenue in the second quarter 2026?

Lexicon Pharmaceuticals (LXRX) reported revenue of $692K for the second quarter 2026 (Q2 2026), -98% from a year earlier and -97% from the quarter before.

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Source: Lexicon Pharmaceuticals 10-Q on SEC EDGAR.