Adagio Medical Holdings (ADGM) Research & Development (2023 - 2026)
Adagio Medical Holdings (ADGM) reported Research & Development of $2.7 million for Q1 2026, down 25.09% on a YoY basis from $3.7 million in Q1 2025, and up 22.64% sequentially from $2.2 million in Q4 2025.
Adagio Medical Holdings (ADGM) Research & Development (2023 - 2026) Analysis & Trends
Adagio Medical Holdings (ADGM) has 4 years of Research & Development data on file, last reported at $2.7 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 25.09% year-over-year to $2.7 million; the trailing twelve-month figure through Mar 2026 stood at $9.7 million (down 13.28% YoY), and the FY2025 full-year result was $10.6 million, up 129.59% from the prior year.
- Research & Development climbed to $2.7 million in Q1 2026, from $2.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $4.4 million in Q3 2023 to a low of $1.2 million in Q3 2024.
- A 4-year average of $2.7 million and a median of $2.8 million in 2025 frame the typical range for Research & Development.
- Across the five-year window, Research & Development tumbled 72.45% in 2024 and jumped 127.94% in 2025, its largest moves.
- Tracing ADGM's Research & Development over 4 years: stood at $1.8 million in 2023, then tumbled by 31.4% to $1.2 million in 2024, then jumped by 83.65% to $2.2 million in 2025, then increased by 22.64% to $2.7 million in 2026.
- Business Quant data shows ADGM's Research & Development at $2.7 million in Q1 2026, $2.2 million in Q4 2025, and $2.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 145.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -461.27 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Adagio Medical Holdings | 21.49 Mn | 21.49 Mn | - | 2.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.74 Mn |
| Dec 31, 2025 | 2.24 Mn |
| Sep 30, 2025 | 2.77 Mn |
| Jun 30, 2025 | 1.97 Mn |
| Mar 31, 2025 | 3.66 Mn |
| Sep 30, 2024 | 1.22 Mn |
| Jun 30, 2024 | 2.87 Mn |
| Mar 31, 2024 | 3.47 Mn |
| Dec 31, 2023 | 1.77 Mn |
| Sep 30, 2023 | 4.42 Mn |