HeartBeam (BEATW) Research & Development (2020 - 2026)

HeartBeam (BEATW) 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% quarter-over-quarter from $3.4 million in Q4 2025.

HeartBeam (BEATW) Research & Development (2020 - 2026) Analysis & Trends

HeartBeam (BEATW) has 7 years of Research & Development data on file, last reported at $2.4 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $2.4 million, down 32.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $12.3 million (up 1.76% YoY), and the FY2025 annual result was $13.4 million, up 21.71% from the prior year.
  • Research & Development declined to $2.4 million in Q1 2026 per BEATW's latest filing, from $3.4 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 $2.4 million in 2026 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2026: Research & Development surged 6868.0% in 2022, then plunged 32.13% in 2026.
  • A 5-year view of Research & Development shows it stood at $1.6 million in 2022, then advanced by 22.49% to $2.0 million in 2023, then surged by 43.58% to $2.9 million in 2024, then grew by 16.22% to $3.4 million in 2025, then declined by 29.34% to $2.4 million in 2026.
  • Business Quant data shows BEATW's Research & Development at $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 26.11 Bn 18.79 Bn 662.02 Mn 208.32 Mn
2 BrightSpring Health Services 12.95 Bn 12.07 Bn 482.22 Mn -
3 Healthequity 7.46 Bn 7.19 Bn 256.31 Mn 67.77 Mn
4 Hinge Health 5.15 Bn 4.83 Bn 154.23 Mn 30.34 Mn
5 Doximity 3.75 Bn 3.00 Bn 125.97 Mn 39.11 Mn
6 10x Genomics 3.69 Bn 3.15 Bn 106.18 Mn 56.85 Mn
7 Waystar Holding 3.61 Bn 3.45 Bn 268.04 Mn 18.37 Mn
8 Privia Health 2.90 Bn 2.54 Bn 595.71 Mn -
9 Omnicell 1.72 Bn 1.54 Bn 140.36 Mn 21.52 Mn
10 HeartBeam - - - 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