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Lexicon Pharmaceuticals (LXRX) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 5, 2026

Lexicon Pharmaceuticals (LXRX) reported revenue of $5.5M for the fourth quarter 2025 (Q4 2025), -79% from a year earlier and -61% from the quarter before. Operating margin was -269.1%, net loss $15.5M (282.7% of revenue).

Revenue$5.5M
Year over year-79%
Quarter over quarter-61%
Operating margin-269.1%
Net earnings−$15.5M

Lexicon Pharmaceuticals, Q4 2025: revenue $5.5M (-79% year over year), operating margin -269.1%, net loss $15.5M, operating cash flow −$17.2M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$5.5M-61%-79%
Operating profit−$14.8M——
Net earnings−$15.5M——
Operating cash flow−$17.2M——

What changed

Revenue was $5.5M in Q4 2025, down 79% year over year and down 61% from the previous quarter.

Operating costs exceeded revenue by $14.8M, an operating margin of -269.1%. Total costs fell 66% while revenue fell 79%. The quarter ended with a net loss of $15.5M, wider than the previous quarter's $12.8M loss.

Operating cash flow was −$17.2M. Non-cash charges added back $118K of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items used $4.7M.

Questions

What was Lexicon Pharmaceuticals' revenue in the fourth quarter 2025?

Lexicon Pharmaceuticals (LXRX) reported revenue of $5.5M for the fourth quarter 2025 (Q4 2025), -79% from a year earlier and -61% from the quarter before.

Was Lexicon Pharmaceuticals profitable in the fourth quarter 2025?

Operating loss was $14.8M (-269.1% of revenue) and net loss $15.5M.

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Source: Lexicon Pharmaceuticals 10-K on SEC EDGAR.