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
DateValue
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