Artivion (AORT) Research & Development (2009 - 2026)
Artivion (AORT) recorded Research & Development of $9.06 million in Q2 2026, up 28.2% from $7.06 million a year earlier and up 2.4% from the prior quarter.
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Analysis
Artivion (AORT) Research & Development (2009 - 2026) Analysis & Trends
On a TTM basis, Artivion's Research & Development came in at $35.1 million as of Jun 30, 2026, up 26.2% year-over-year; for FY2025, it came in at $30.99 million, up 8.9% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 5.1% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $28.45 million in FY2024 (-0.9%), $28.71 million in FY2023 (-26.2%), $38.88 million in FY2022 (+9.4%) and $35.55 million in FY2021 (+46.8%).
- Quarterly Research & Development has ranged from $6.42 million in Q3 2023 to $11.8 million in Q3 2022 over the past five years.
- On a year-over-year basis, Research & Development has increased for four consecutive quarters, with growth averaging 12.0% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 73.3% in Q3 2021, against a decline of 45.6% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $8.84 million (Q1 2026), $9.12 million (Q4 2025) and $8.08 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 348.00 Mn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 920.00 Mn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 433.00 Mn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 408.30 Mn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 433.00 Mn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 520.00 Mn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 281.40 Mn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | - |
| 10 | Artivion | 999.70 Mn | 753.32 Mn | 75.98 Mn | 9.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.81 Mn |
| Jun 30, 2026 | 9.06 Mn |
| Mar 31, 2026 | 8.84 Mn |
| Dec 31, 2025 | 9.12 Mn |
| Sep 30, 2025 | 8.08 Mn |
| Jun 30, 2025 | 7.06 Mn |
| Mar 31, 2025 | 6.73 Mn |
| Dec 31, 2024 | 7.40 Mn |
| Sep 30, 2024 | 6.61 Mn |
| Jun 30, 2024 | 7.50 Mn |
| Mar 31, 2024 | 6.95 Mn |
| Dec 31, 2023 | 7.65 Mn |
| Sep 30, 2023 | 6.42 Mn |
| Jun 30, 2023 | 7.42 Mn |
| Mar 31, 2023 | 7.22 Mn |
| Dec 31, 2022 | 8.30 Mn |
| Sep 30, 2022 | 11.80 Mn |
| Jun 30, 2022 | 8.65 Mn |
| Mar 31, 2022 | 10.13 Mn |
| Dec 31, 2021 | 9.46 Mn |
API Access
Artivion Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=AORT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "AORT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=AORT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();