Ceribell (CBLL) Research & Development (2023 - 2026)
Ceribell's (CBLL) quarterly Research & Development came in at $24.4 million in Q2 2026, up 40.14% on a YoY basis from $17.4 million in Q2 2025, and up 9.04% quarter-over-quarter from $22.4 million in Q1 2026.
Analysis
Ceribell (CBLL) Research & Development (2023 - 2026) Analysis & Trends
Ceribell (CBLL) has reported Research & Development for 4 consecutive years, with $24.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 40.14% year-over-year to $24.4 million; the trailing twelve-month figure through Jun 2026 stood at $84.4 million (up 33.55% YoY), and the FY2025 full-year result was $73.1 million, up 48.98% from the prior year.
- Research & Development advanced to $24.4 million in Q2 2026 per CBLL's latest filing, from $22.4 million in the prior quarter.
- Across five years, Research & Development topped out at $24.4 million in Q2 2026 and bottomed at $9.6 million in Q3 2023.
- Historically, Research & Development has averaged $15.8 million across 4 years, with a median of $16.3 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Research & Development soared 70.51% in 2025, then increased 24.16% in 2026.
- Over 4 years, Research & Development stood at $10.8 million in 2023, then surged by 40.94% to $15.2 million in 2024, then rose by 25.03% to $19.1 million in 2025, then grew by 28.11% to $24.4 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $24.4 million, $22.4 million, and $19.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.85 Bn | 27.74 Bn | 2.18 Bn | 323.00 Mn |
| 2 | Lantheus Holdings | 6.57 Bn | 5.98 Bn | 241.86 Mn | 82.81 Mn |
| 3 | Heartflow | 4.11 Bn | 3.74 Bn | 53.19 Mn | 30.58 Mn |
| 4 | Neogen | 2.59 Bn | 2.40 Bn | 107.80 Mn | 41.10 Mn |
| 5 | Butterfly Network | 1.99 Bn | 1.87 Bn | 23.29 Mn | 11.47 Mn |
| 6 | Ceribell | 924.56 Mn | 795.30 Mn | 25.94 Mn | 24.42 Mn |
| 7 | QuidelOrtho | 874.92 Mn | 751.52 Mn | - | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn | 23.30 Mn |
| 9 | Prenetics Global | 340.90 Mn | 281.85 Mn | 30.20 Mn | -757,000.00 |
| 10 | CapsoVision | 324.09 Mn | 315.02 Mn | 1.87 Mn | 5.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.42 Mn |
| Mar 31, 2026 | 22.39 Mn |
| Dec 31, 2025 | 19.06 Mn |
| Sep 30, 2025 | 18.57 Mn |
| Jun 30, 2025 | 17.42 Mn |
| Mar 31, 2025 | 18.03 Mn |
| Dec 31, 2024 | 15.24 Mn |
| Sep 30, 2024 | 12.52 Mn |
| Jun 30, 2024 | 10.71 Mn |
| Mar 31, 2024 | 10.58 Mn |
| Dec 31, 2023 | 10.82 Mn |
| Sep 30, 2023 | 9.59 Mn |