HeartBeam (BEAT) Research & Development (2020 - 2026)
HeartBeam's (BEAT) quarterly Research & Development came in at $2.4 million in Q1 2026, down 32.13% year-on-year from $3.5 million in Q1 2025, and down 29.34% on a QoQ basis from $3.4 million in Q4 2025.
HeartBeam (BEAT) Research & Development (2020 - 2026) Analysis & Trends
HeartBeam (BEAT) has 7 years of Research & Development data on file, last reported at $2.4 million in Q1 2026.
- On a quarterly basis, Research & Development fell 32.13% year-over-year to $2.4 million in Q1 2026; TTM through Mar 2026 was $12.3 million, a 1.76% increase from a year earlier, with the FY2025 full-year figure at $13.4 million, up 21.71% from the prior year.
- Research & Development for Q1 2026 stood at $2.4 million, down from $3.4 million in the prior quarter.
- Over the last five years, Research & Development for BEAT reached as high as $3.5 million in Q1 2025 and fell as low as $734000.0 in Q1 2022.
- Historically, Research & Development has averaged $2.3 million across 5 years, with a median of $2.4 million in 2026.
- Across the five-year window, Research & Development soared 6868.0% in 2022 and slumped 32.13% in 2026, its largest moves.
- Year by year, Research & Development stood at $1.6 million in 2022, then increased by 22.49% to $2.0 million in 2023, then surged by 43.58% to $2.9 million in 2024, then gained by 16.22% to $3.4 million in 2025, then decreased by 29.34% to $2.4 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $2.4 million in Q1 2026, $3.4 million in Q4 2025, and $3.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.74 Bn | 24.42 Bn | 662.02 Mn | 208.32 Mn |
| 2 | BrightSpring Health Services | 14.63 Bn | 13.73 Bn | 482.22 Mn | - |
| 3 | Healthequity | 8.31 Bn | 8.05 Bn | 256.31 Mn | 26.83 Mn |
| 4 | Hinge Health | 5.95 Bn | 5.64 Bn | 154.23 Mn | 30.34 Mn |
| 5 | 10x Genomics | 5.79 Bn | 5.26 Bn | 106.18 Mn | 56.85 Mn |
| 6 | MiniMed | 4.52 Bn | 4.22 Bn | 480.00 Mn | 99.00 Mn |
| 7 | Waystar Holding | 4.46 Bn | 4.40 Bn | 216.84 Mn | 45.83 Mn |
| 8 | Doximity | 3.96 Bn | 3.22 Bn | 125.97 Mn | 39.11 Mn |
| 9 | Privia Health | 3.17 Bn | 2.75 Bn | - | 8.13 Mn |
| 10 | HeartBeam | 21.33 Mn | 20.73 Mn | - | 2.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.37 Mn |
| Dec 31, 2025 | 3.35 Mn |
| Sep 30, 2025 | 3.28 Mn |
| Jun 30, 2025 | 3.33 Mn |
| Mar 31, 2025 | 3.49 Mn |
| Dec 31, 2024 | 2.89 Mn |
| Sep 30, 2024 | 2.89 Mn |
| Jun 30, 2024 | 2.84 Mn |
| Mar 31, 2024 | 2.43 Mn |
| Dec 31, 2023 | 2.01 Mn |
| Sep 30, 2023 | 1.62 Mn |
| Jun 30, 2023 | 1.48 Mn |
| Mar 31, 2023 | 1.68 Mn |
| Dec 31, 2022 | 1.64 Mn |
| Sep 30, 2022 | 1.56 Mn |
| Jun 30, 2022 | 1.74 Mn |
| Mar 31, 2022 | 734,000.00 |
| Dec 31, 2021 | 96,000.00 |
| Sep 30, 2021 | 105,000.00 |
| Jun 30, 2021 | 25,000.00 |