EBR Systems (EBRCZ) Research & Development (2023 - 2026)
EBR Systems' (EBRCZ) quarterly Research & Development came in at $6.4 million in Q1 2026, up 18.42% year-over-year from $5.4 million in Q1 2025, and up 1.44% quarter-over-quarter from $6.3 million in Q4 2025.
Analysis
EBR Systems (EBRCZ) Research & Development (2023 - 2026) Analysis & Trends
EBR Systems has disclosed Research & Development across 4 years of filings, most recently posting $6.4 million for Q1 2026.
- In Q1 2026, Research & Development rose 18.42% year-over-year to $6.4 million; the TTM figure through Mar 2026 stood at $24.9 million (down 4.39% YoY), while the FY2025 annual figure was $23.9 million, down 11.55% from the prior year.
- Research & Development came in at $6.4 million for Q1 2026 at EBR Systems, up from $6.3 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $7.9 million in Q4 2023 to a low of $5.4 million in Q1 2025.
- Average Research & Development over 4 years is $6.6 million, with a median of $6.4 million recorded in 2024.
- Year-over-year, Research & Development fell 20.34% in 2025 and gained 18.42% in 2026.
- Over 4 years, Research & Development stood at $7.9 million in 2023, then fell by 12.89% to $6.9 million in 2024, then retreated by 8.24% to $6.3 million in 2025, then rose by 1.44% to $6.4 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $6.4 million in Q1 2026, $6.3 million in Q4 2025, and $6.2 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 179.71 Bn | 174.10 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Intuitive Surgical | 128.01 Bn | 122.80 Bn | 1.96 Bn | 370.60 Mn |
| 3 | Medtronic | 117.20 Bn | 108.38 Bn | 6.34 Bn | 771.00 Mn |
| 4 | Stryker | 104.00 Bn | 100.53 Bn | 4.50 Bn | 434.00 Mn |
| 5 | Boston Scientific | 63.32 Bn | 62.78 Bn | 3.85 Bn | 554.00 Mn |
| 6 | Edwards Lifesciences | 49.95 Bn | 45.70 Bn | 1.35 Bn | 278.90 Mn |
| 7 | Alcon | 32.88 Bn | 31.43 Bn | 1.68 Bn | -663.00 Mn |
| 8 | Dexcom | 32.27 Bn | 30.33 Bn | 830.00 Mn | 153.00 Mn |
| 9 | Steris | 20.73 Bn | 20.25 Bn | 684.20 Mn | 28.60 Mn |
| 10 | EBR Systems | 10.83 Mn | 10.83 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 6.42 Mn |
| Dec 31, 2025 | 6.33 Mn |
| Sep 30, 2025 | 6.24 Mn |
| Jun 30, 2025 | 5.95 Mn |
| Mar 31, 2025 | 5.42 Mn |
| Dec 31, 2024 | 6.89 Mn |
| Sep 30, 2024 | 6.30 Mn |
| Jun 30, 2024 | 7.47 Mn |
| Mar 31, 2024 | 6.40 Mn |
| Dec 31, 2023 | 7.91 Mn |
| Sep 30, 2023 | 6.96 Mn |