Brainsway (BWAY) Research & Development (2018 - 2026)

Brainsway (BWAY) posted quarterly Research & Development of $4.9 million for Q1 2026, up 18.45% year-on-year from $4.2 million in Q1 2025, and down 3.37% on a QoQ basis from $5.1 million in Q4 2025.

Brainsway (BWAY) Research & Development (2018 - 2026) Analysis & Trends

Brainsway (BWAY) has reported Research & Development for 9 consecutive years, with $4.9 million the latest figure, recorded in Q1 2026.

  • Quarterly Research & Development rose 18.45% year-over-year to $4.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $15.3 million (down 7.64% YoY) and the FY2025 annual result came in at $9.6 million, up 33.56% from the prior year.
  • Research & Development fell to $4.9 million in Q1 2026 per BWAY's latest filing, from $5.1 million in the prior quarter.
  • Over the last five years, Research & Development for BWAY reached as high as $5.1 million in Q4 2025 and fell as low as $514000.0 in Q2 2025.
  • A 5-year average of $4.1 million and a median of $4.2 million in 2025 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2022 — Research & Development jumped 32.5% — and 2025, when it slumped 86.46%.
  • Year by year, Research & Development stood at $4.8 million in 2022, then declined by 16.65% to $4.0 million in 2023, then rose by 12.96% to $4.5 million in 2024, then grew by 14.09% to $5.1 million in 2025, then fell by 3.37% to $4.9 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $4.9 million, $5.1 million, and $4.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 767.00 Mn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 413.00 Mn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 671.00 Mn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 263.30 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 145.30 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -461.27 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 345.00 Mn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Brainsway 646.63 Mn 587.74 Mn 11.68 Mn 4.93 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.93 Mn
Dec 31, 2025 5.10 Mn
Sep 30, 2025 4.73 Mn
Jun 30, 2025 514,000.00
Mar 31, 2025 4.16 Mn
Dec 31, 2024 4.47 Mn
Sep 30, 2024 4.11 Mn
Jun 30, 2024 3.80 Mn
Mar 31, 2024 3.83 Mn
Dec 31, 2023 3.96 Mn
Sep 30, 2023 3.60 Mn
Jun 30, 2023 3.98 Mn
Mar 31, 2023 4.91 Mn
Dec 31, 2022 4.75 Mn
Sep 30, 2022 4.75 Mn
Jun 30, 2022 4.55 Mn
Mar 31, 2022 4.15 Mn
Dec 31, 2021 4.52 Mn
Sep 30, 2021 4.04 Mn
Jun 30, 2021 4.19 Mn