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% year-over-year from $3.7 million in Q1 2025, and up 22.64% quarter-over-quarter 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.

  • Research & Development for Q1 2026 came in at $2.7 million, down 25.09% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.7 million (down 13.28% YoY), and the FY2025 annual result was $10.6 million, up 129.59% from the prior year.
  • Research & Development rose to $2.7 million in Q1 2026 per ADGM's latest filing, from $2.2 million in the prior quarter.
  • Over five years, Research & Development peaked at $4.4 million in Q3 2023 and troughed at $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.
  • The sharpest annual moves came in 2024 and 2025: Research & Development sank 72.45% in 2024, then soared 127.94% in 2025.
  • A 4-year view of Research & Development shows it stood at $1.8 million in 2023, then sank by 31.4% to $1.2 million in 2024, then soared by 83.65% to $2.2 million in 2025, then gained 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 154.42 Bn 147.76 Bn 6.27 Bn 767.00 Mn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 413.00 Mn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 722.00 Mn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 263.30 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -461.27 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 145.30 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 345.00 Mn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 28.80 Mn
10 Adagio Medical Holdings 15.88 Mn 2.97 Mn - 2.74 Mn

Historic Data

Download Data
DateValue
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