CVRx (CVRX) Research & Development (2020 - 2026)
CVRx (CVRX) recorded Research & Development of $3.13 million in Q2 2026, up 26.8% from $2.47 million a year earlier and up 1.5% from the prior quarter.
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Analysis
CVRx (CVRX) Research & Development (2020 - 2026) Analysis & Trends
On a TTM basis, CVRx's Research & Development came in at $12.36 million as of Jun 30, 2026, up 20.1% year-over-year; for FY2025, it was $11.13 million, unchanged from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 11.7% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $11.13 million in FY2024 (-4.3%), $11.63 million in FY2023 (+16.9%), $9.95 million in FY2022 (+32.7%) and $7.5 million in FY2021 (+17.0%).
- Quarterly Research & Development has ranged from $1.7 million in Q3 2021 to $3.42 million in Q1 2023 over the past five years.
- On a year-over-year basis, Research & Development has increased for four consecutive quarters, with growth averaging 8.9% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 252.4% in Q4 2021, against a decline of 26.4% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.08 million (Q1 2026), $3 million (Q4 2025) and $3.15 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.99 Bn | 237.02 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 175.01 Bn | 145.44 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 164.93 Bn | 148.74 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 151.84 Bn | 131.26 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 119.05 Bn | 84.30 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 113.89 Bn | 100.00 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 65.37 Bn | 60.13 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Becton Dickinson | 53.36 Bn | 50.51 Bn | 2.32 Bn | 258.00 Mn |
| 9 | Edwards Lifesciences | 50.83 Bn | 34.83 Bn | 1.35 Bn | 278.90 Mn |
| 10 | CVRx | 36.33 Mn | -261.39 Mn | 13.72 Mn | 3.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.13 Mn |
| Mar 31, 2026 | 3.08 Mn |
| Dec 31, 2025 | 3.00 Mn |
| Sep 30, 2025 | 3.15 Mn |
| Jun 30, 2025 | 2.47 Mn |
| Mar 31, 2025 | 2.52 Mn |
| Dec 31, 2024 | 2.81 Mn |
| Sep 30, 2024 | 2.50 Mn |
| Jun 30, 2024 | 2.77 Mn |
| Mar 31, 2024 | 3.06 Mn |
| Dec 31, 2023 | 2.24 Mn |
| Sep 30, 2023 | 2.70 Mn |
| Jun 30, 2023 | 3.28 Mn |
| Mar 31, 2023 | 3.42 Mn |
| Dec 31, 2022 | 3.05 Mn |
| Sep 30, 2022 | 2.29 Mn |
| Jun 30, 2022 | 2.36 Mn |
| Mar 31, 2022 | 2.26 Mn |
| Dec 31, 2021 | 1.80 Mn |
| Sep 30, 2021 | 1.70 Mn |
API Access
CVRx 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=CVRX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "CVRX", "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=CVRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();