HeartBeam (BEAT) Research & Development (2020 - 2026)
HeartBeam's (BEAT) quarterly Research & Development came in at $2.3 million in Q2 2026, down 30.01% year-over-year from $3.3 million in Q2 2025, and down 1.77% quarter-over-quarter from $2.4 million in Q1 2026.
Analysis
HeartBeam (BEAT) Research & Development (2020 - 2026) Analysis & Trends
HeartBeam (BEAT) has reported Research & Development for 7 consecutive years, with $2.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development fell 30.01% year-over-year to $2.3 million in Q2 2026; TTM through Jun 2026 was $11.3 million, a 10.06% decrease from a year earlier, with the FY2025 full-year figure at $13.4 million, up 21.71% from the prior year.
- Research & Development was $2.3 million for Q2 2026 at HeartBeam, down from $2.4 million in the prior quarter.
- Over five years, Research & Development peaked at $3.5 million in Q1 2025 and troughed at $734000.0 in Q1 2022.
- A 5-year average of $2.3 million and a median of $2.3 million in 2026 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 6868.0% in 2022 and sank 32.13% in 2026, its largest moves.
- Over 5 years, Research & Development stood at $1.6 million in 2022, then gained by 22.49% to $2.0 million in 2023, then jumped by 43.58% to $2.9 million in 2024, then climbed by 16.22% to $3.4 million in 2025, then sank by 30.59% to $2.3 million in 2026.
- The last three Research & Development figures came in at $2.3 million (Q2 2026), $2.4 million (Q1 2026), and $3.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 187.42 Bn | 182.47 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Intuitive Surgical | 129.78 Bn | 124.69 Bn | 1.96 Bn | 370.60 Mn |
| 3 | Medtronic | 120.53 Bn | 112.33 Bn | 6.34 Bn | 771.00 Mn |
| 4 | Stryker | 116.28 Bn | 112.80 Bn | 4.50 Bn | 434.00 Mn |
| 5 | Boston Scientific | 69.29 Bn | 68.99 Bn | 3.85 Bn | 554.00 Mn |
| 6 | Edwards Lifesciences | 51.83 Bn | 47.68 Bn | 1.35 Bn | 278.90 Mn |
| 7 | Alcon | 34.36 Bn | 32.91 Bn | 1.68 Bn | -663.00 Mn |
| 8 | Dexcom | 33.17 Bn | 31.23 Bn | 830.00 Mn | 153.00 Mn |
| 9 | Resmed | 32.94 Bn | 31.47 Bn | 861.22 Mn | 105.73 Mn |
| 10 | HeartBeam | 24.23 Mn | 24.23 Mn | - | 2.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.33 Mn |
| 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 |