HeartBeam (BEAT) Research & Development (2020 - 2026)
HeartBeam (BEAT) reported Research & Development of $2.4 million for Q1 2026, down 32.13% year-over-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) has 7 years of Research & Development data on file, last reported at $2.4 million in Q1 2026.
- Quarterly Research & Development fell 32.13% year-over-year to $2.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.3 million (up 1.76% YoY) and the FY2025 annual result came in at $13.4 million, up 21.71% from the prior year.
- Research & Development fell to $2.4 million in Q1 2026 per BEAT's latest filing, from $3.4 million in the prior quarter.
- Across five years, Research & Development topped out at $3.5 million in Q1 2025 and bottomed at $734000.0 in Q1 2022.
- The 5-year median for Research & Development is $2.4 million (2026), against an average of $2.3 million.
- The widest annual swing landed in 2022, when Research & Development soared 6868.0%; it then slumped 32.13% in 2026.
- Tracing BEAT's Research & Development over 5 years: stood at $1.6 million in 2022, then rose by 22.49% to $2.0 million in 2023, then soared by 43.58% to $2.9 million in 2024, then advanced by 16.22% to $3.4 million in 2025, then slipped by 29.34% to $2.4 million in 2026.
- Per Business Quant, the three latest BEAT Research & Development figures stand at $2.4 million (Q1 2026), $3.4 million (Q4 2025), and $3.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 198.79 Mn |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | - |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 67.77 Mn |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 30.34 Mn |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 39.11 Mn |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 18.37 Mn |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 56.85 Mn |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | - |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 21.52 Mn |
| 10 | HeartBeam | 5.16 Mn | 5.16 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 |
| Mar 31, 2021 | 29,000.00 |
| Dec 31, 2020 | 47,000.00 |
| Sep 30, 2020 | 57,000.00 |