Fractyl Health (GUTS) Research & Development (2023 - 2026)
Fractyl Health's Research & Development was $13.81 million in Q2 2026, down 34.7% from $21.15 million a year earlier and down 11.5% from the prior quarter.
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Analysis
Fractyl Health (GUTS) Research & Development (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Fractyl Health's Research & Development was $63.36 million through Jun 30, 2026, down 20.7% year-over-year; for FY2025, it came in at $74.54 million, up 5.8% from FY2024.
- In earlier years, Research & Development was $70.47 million in FY2024 (+85.3%) and $38.04 million in FY2023.
- The Q2 2026 figure marks the lowest quarterly Research & Development since Q4 2023.
- Compared with a year earlier, Research & Development has declined for four straight quarters, with growth averaging 22.7% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was Q3 2024 (growth of 102.6%); the worst was Q2 2026 (a decline of 34.7%).
- Per Business Quant data, GUTS's Research & Development in the three quarters before Q2 2026 was $15.6 million (Q1 2026), $16.49 million (Q4 2025) and $17.46 million (Q3 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 | Fractyl Health | 82.50 Mn | 82.50 Mn | - | 13.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.81 Mn |
| Mar 31, 2026 | 15.60 Mn |
| Dec 31, 2025 | 16.49 Mn |
| Sep 30, 2025 | 17.46 Mn |
| Jun 30, 2025 | 21.15 Mn |
| Mar 31, 2025 | 19.44 Mn |
| Dec 31, 2024 | 20.28 Mn |
| Sep 30, 2024 | 19.00 Mn |
| Jun 30, 2024 | 16.76 Mn |
| Mar 31, 2024 | 14.42 Mn |
| Dec 31, 2023 | 10.17 Mn |
| Sep 30, 2023 | 9.38 Mn |
| Jun 30, 2023 | 9.14 Mn |
| Mar 31, 2023 | 9.35 Mn |
API Access
Fractyl Health 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=GUTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "GUTS", "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=GUTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();