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| 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 |