Xenon Pharmaceuticals annual r&d spending
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Xenon Pharmaceuticals R&D Spending Growth & History (XENE)
Xenon Pharmaceuticals's r&d spending was $300.9M for fiscal 2025.
View full Xenon Pharmaceuticals company overviewXenon Pharmaceuticals annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $300.9M | $90.5M | +43.04% |
| 2024 | 2024-12-31 | $210.4M | $42.9M | +25.60% |
| 2023 | 2023-12-31 | $167.5M | $61.7M | +58.38% |
| 2022 | 2022-12-31 | $105.8M | $30.3M | +40.16% |
| 2021 | 2021-12-31 | $75.5M | $24.9M | +49.36% |
| 2020 | 2020-12-31 | $50.5M | $11.7M | +30.06% |
| 2019 | 2019-12-31 | $38.8M | $15.2M | +64.36% |
| 2018 | 2018-12-31 | $23.6M | −$1.9M | −7.58% |
| 2017 | 2017-12-31 | $25.6M | $5.7M | +28.97% |
| 2016 | 2016-12-31 | $19.8M | $4.7M | +30.86% |
| 2015 | 2015-12-31 | $15.2M | $3.4M | +28.76% |
| 2014 | 2014-12-31 | $11.8M | −$535,000 | −4.35% |
| 2013 | 2013-12-31 | $12.3M | $1.8M | +17.68% |
| 2012 | 2012-12-31 | $10.5M | — | — |
Xenon Pharmaceuticals quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $99.2M | $24.2M | +32.33% |
| Q1 2026 | 2026-03-31 | $88.5M | $27.3M | +44.62% |
| Q4 2025 | 2025-12-31 | $87.7M | $28.2M | +47.46% |
| Q3 2025 | 2025-09-30 | $77.1M | $20.1M | +35.25% |
| Q2 2025 | 2025-06-30 | $75.0M | $25.3M | +50.87% |
| Q1 2025 | 2025-03-31 | $61.2M | $16.9M | +38.31% |
| Q4 2024 | 2024-12-31 | $59.5M | $18.4M | +44.79% |
| Q3 2024 | 2024-09-30 | $57.0M | $14.1M | +32.86% |
| Q2 2024 | 2024-06-30 | $49.7M | $5.7M | +12.86% |
| Q1 2024 | 2024-03-31 | $44.3M | $4.7M | +11.98% |
| Q4 2023 | 2023-12-31 | $41.1M | $6.2M | +17.93% |
| Q3 2023 | 2023-09-30 | $42.9M | $13.4M | +45.70% |
| Q2 2023 | 2023-06-30 | $44.0M | $21.9M | +98.86% |
| Q1 2023 | 2023-03-31 | $39.5M | $20.2M | +104.11% |
| Q4 2022 | 2022-12-31 | $34.8M | $12.9M | +59.14% |
| Q3 2022 | 2022-09-30 | $29.4M | $10.5M | +55.79% |
| Q2 2022 | 2022-06-30 | $22.1M | $3.8M | +20.51% |
| Q1 2022 | 2022-03-31 | $19.4M | $3.1M | +18.71% |
| Q4 2021 | 2021-12-31 | $21.9M | $6.9M | +46.24% |
| Q3 2021 | 2021-09-30 | $18.9M | $5.8M | +44.81% |
| Q2 2021 | 2021-06-30 | $18.4M | $7.7M | +71.43% |
| Q1 2021 | 2021-03-31 | $16.3M | $4.5M | +38.31% |
| Q4 2020 | 2020-12-31 | $15.0M | $3.2M | +27.36% |
| Q3 2020 | 2020-09-30 | $13.0M | $3.3M | +33.78% |
| Q2 2020 | 2020-06-30 | $10.7M | $2.5M | +30.65% |
| Q1 2020 | 2020-03-31 | $11.8M | $2.7M | +29.05% |
| Q4 2019 | 2019-12-31 | $11.8M | $5.3M | +83.57% |
| Q3 2019 | 2019-09-30 | $9.8M | $3.5M | +56.07% |
| Q2 2019 | 2019-06-30 | $8.2M | $2.8M | +51.50% |
| Q1 2019 | 2019-03-31 | $9.1M | $3.6M | +64.10% |
| Q4 2018 | 2018-12-31 | $6.4M | $5,000 | +0.08% |
| Q3 2018 | 2018-09-30 | $6.2M | −$916,000 | −12.79% |
| Q2 2018 | 2018-06-30 | $5.4M | −$693,000 | −11.34% |
| Q1 2018 | 2018-03-31 | $5.6M | −$335,000 | −5.68% |
| Q4 2017 | 2017-12-31 | $6.4M | $2.0M | +45.52% |
| Q3 2017 | 2017-09-30 | $7.2M | $1.2M | +20.10% |
| Q2 2017 | 2017-06-30 | $6.1M | $1.0M | +19.71% |
| Q1 2017 | 2017-03-31 | $5.9M | $1.5M | +35.27% |
| Q4 2016 | 2016-12-31 | $4.4M | $133,000 | +3.12% |
| Q3 2016 | 2016-09-30 | $6.0M | $2.2M | +57.26% |
| Q2 2016 | 2016-06-30 | $5.1M | $1.4M | +39.08% |
| Q1 2016 | 2016-03-31 | $4.4M | $937,000 | +27.34% |
| Q4 2015 | 2015-12-31 | $4.3M | $810,000 | +23.46% |
| Q3 2015 | 2015-09-30 | $3.8M | $577,000 | +17.94% |
| Q2 2015 | 2015-06-30 | $3.7M | $1.1M | +42.99% |
| Q1 2015 | 2015-03-31 | $3.4M | $894,000 | +35.29% |
| Q4 2014 | 2014-12-31 | $3.5M | — | — |
| Q3 2014 | 2014-09-30 | $3.2M | $639,000 | +24.80% |
| Q2 2014 | 2014-06-30 | $2.6M | — | — |
| Q1 2014 | 2014-03-31 | $2.5M | — | — |
| Q3 2013 | 2013-09-30 | $2.6M | — | — |
Xenon Pharmaceuticals r&d spending trends
Over the last five fiscal years, Xenon Pharmaceuticals's r&d spending increased from $50.5M to $300.9M, a change of $250.4M. The latest reported quarter, Q2 2026, shows $99.2M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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