Brainsway (BWAY) Research & Development (2018 - 2026)
Brainsway's Research & Development was $3.22 million in the quarter ended Jun 30, 2026, up 37.3% from $2.34 million a year earlier and up 11.7% from the prior quarter.
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Analysis
Brainsway (BWAY) Research & Development (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Brainsway's Research & Development was $11.03 million through Jun 30, 2026, up 29.3% year-over-year; for the year ended Dec 31, 2025, it came in at $9.6 million, up 33.6% from the prior year.
- Research & Development shows a five-year compound annual growth rate of 10.5% (years ended Dec 2020 to Dec 2025).
- In earlier years, Research & Development was $7.19 million in the year ended Dec 31, 2024 (+7.9%), $6.67 million in the year ended Dec 31, 2023 (-13.2%), $7.68 million in the year ended Dec 31, 2022 (+20.1%) and $6.39 million in the year ended Dec 31, 2021 (+9.8%).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Research & Development in data going back to the quarter ended Mar 31, 2018.
- Compared with a year earlier, Research & Development has increased for eight straight quarters, with growth averaging 32.2% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was the quarter ended Mar 31, 2022 (growth of 70.4%); the worst was the quarter ended Dec 31, 2023 (a decline of 33.3%).
- Per Business Quant data, BWAY's Research & Development in the three quarters before the quarter ended Jun 30, 2026 was $2.88 million (quarter ended Mar 31, 2026), $2.53 million (quarter ended Dec 31, 2025) and $2.4 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 278.90 Mn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 258.00 Mn |
| 10 | Brainsway | 527.96 Mn | 264.34 Mn | 12.77 Mn | 3.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.22 Mn |
| Mar 31, 2026 | 2.88 Mn |
| Dec 31, 2025 | 2.53 Mn |
| Sep 30, 2025 | 2.40 Mn |
| Jun 30, 2025 | 2.34 Mn |
| Mar 31, 2025 | 2.33 Mn |
| Dec 31, 2024 | 2.04 Mn |
| Sep 30, 2024 | 1.81 Mn |
| Jun 30, 2024 | 1.71 Mn |
| Mar 31, 2024 | 1.63 Mn |
| Dec 31, 2023 | 1.43 Mn |
| Sep 30, 2023 | 1.54 Mn |
| Jun 30, 2023 | 1.90 Mn |
| Mar 31, 2023 | 1.79 Mn |
| Dec 31, 2022 | 2.15 Mn |
| Sep 30, 2022 | 2.22 Mn |
| Jun 30, 2022 | 1.73 Mn |
| Mar 31, 2022 | 1.58 Mn |
| Dec 31, 2021 | 2.03 Mn |
| Sep 30, 2021 | 1.79 Mn |
API Access
Brainsway 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=BWAY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "BWAY", "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=BWAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();