Adagio Medical Holdings (ADGM) Research & Development (2023 - 2026)
Adagio Medical Holdings' (ADGM) quarterly Research & Development came in at $2.4 million in Q2 2026, up 24.3% year-over-year from $2.0 million in Q2 2025, and down 10.62% quarter-over-quarter from $2.7 million in Q1 2026.
Analysis
Adagio Medical Holdings (ADGM) Research & Development (2023 - 2026) Analysis & Trends
Adagio Medical Holdings has disclosed Research & Development across 4 years of filings, most recently posting $2.4 million for Q2 2026.
- In Q2 2026, Research & Development rose 24.3% year-over-year to $2.4 million; the TTM figure through Jun 2026 stood at $10.2 million (up 5.02% YoY), while the FY2025 annual figure was $10.6 million, up 129.59% from the prior year.
- Research & Development came in at $2.4 million for Q2 2026 at Adagio Medical Holdings, down from $2.7 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.
- Average Research & Development over 4 years is $2.7 million, with a median of $2.7 million recorded in 2026.
- Year-over-year, Research & Development plunged 72.45% in 2024 and surged 127.94% in 2025.
- Over 4 years, Research & Development stood at $1.8 million in 2023, then plunged by 31.4% to $1.2 million in 2024, then surged by 83.65% to $2.2 million in 2025, then rose by 9.62% to $2.4 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $2.4 million in Q2 2026, $2.7 million in Q1 2026, and $2.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 370.60 Mn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 771.00 Mn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 434.00 Mn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 554.00 Mn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 278.90 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -663.00 Mn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 153.00 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Adagio Medical Holdings | 13.45 Mn | 13.45 Mn | - | 2.45 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.45 Mn |
| 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 |