HeartBeam, Inc. (BEATW) Research & Development (2020 - 2026)
HeartBeam's Research & Development came in at $2.33 million for Q2 2026, down 30.0% from $3.33 million a year earlier and down 1.8% from the prior quarter.
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Analysis
HeartBeam, Inc. (BEATW) Research & Development (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, HeartBeam reported Research & Development of $11.33 million, down 10.1% year-over-year; for FY2025, it came in at $13.45 million, up 21.7% from FY2024.
- Research & Development has increased in each of the last three years, with a five-year compound annual growth rate of 151.8% (FY2020 to FY2025).
- Going back by year, Research & Development was $11.05 million in FY2024 (+62.6%), $6.8 million in FY2023 (+19.7%), $5.68 million in FY2022 and $255,000 in FY2021 (+91.7%).
- The Q2 2026 figure represents the lowest quarterly Research & Development since Q4 2023.
- Year-over-year, Research & Development increased in six of the last eight quarters, with growth averaging 18.7%.
- The fastest year-over-year change in Research & Development over five years came in Q1 2023 (growth of 129.0%), and the weakest in Q1 2026 (a decline of 32.1%).
- Business Quant data shows BEATW's Research & Development at $2.37 million (Q1 2026), $3.35 million (Q4 2025) and $3.28 million (Q3 2025) in the three quarters before Q2 2026.
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Peer Comparison
Historic Data
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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 |
API Access
HeartBeam, Inc. Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=BEATW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "BEATW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=BEATW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();