Fractyl Health (GUTS) Research & Development (2023 - 2026)
Fractyl Health (GUTS) recorded quarterly Research & Development of $13.8 million in Q2 2026, down 11.45% on a QoQ basis from $15.6 million in Q1 2026, and down 34.7% YoY from $21.2 million in Q2 2025.
Analysis
Fractyl Health (GUTS) Research & Development (2023 - 2026) Analysis & Trends
Fractyl Health (GUTS) has reported Research & Development for 4 consecutive years, with $13.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development fell 34.7% year-over-year to $13.8 million; the trailing twelve-month figure through Jun 2026 stood at $63.4 million (down 20.67% YoY), and the FY2025 full-year result was $74.5 million, up 5.77% from the prior year.
- Research & Development was $13.8 million for Q2 2026 at Fractyl Health, down from $15.6 million in the prior quarter.
- The five-year high for Research & Development was $21.2 million in Q2 2025, with the low at $9.1 million in Q2 2023.
- Historically, Research & Development has averaged $15.2 million across 4 years, with a median of $16.0 million in 2025.
- Annual changes were most pronounced in 2024 — Research & Development soared 102.56% — and 2026, when it slumped 34.7%.
- Tracing GUTS's Research & Development over 4 years: stood at $10.2 million in 2023, then surged by 99.5% to $20.3 million in 2024, then decreased by 18.68% to $16.5 million in 2025, then slipped by 16.26% to $13.8 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $13.8 million in Q2 2026, $15.6 million in Q1 2026, and $16.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 180.08 Bn | 174.48 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Intuitive Surgical | 127.86 Bn | 122.64 Bn | 1.96 Bn | 370.60 Mn |
| 3 | Medtronic | 117.15 Bn | 108.33 Bn | 6.34 Bn | 771.00 Mn |
| 4 | Stryker | 103.82 Bn | 100.34 Bn | 4.50 Bn | 434.00 Mn |
| 5 | Boston Scientific | 63.24 Bn | 62.70 Bn | 3.85 Bn | 554.00 Mn |
| 6 | Edwards Lifesciences | 49.76 Bn | 45.51 Bn | 1.35 Bn | 278.90 Mn |
| 7 | Alcon | 32.95 Bn | 31.49 Bn | 1.68 Bn | -663.00 Mn |
| 8 | Dexcom | 32.22 Bn | 30.27 Bn | 830.00 Mn | 153.00 Mn |
| 9 | Steris | 20.71 Bn | 20.23 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Fractyl Health | 102.41 Mn | 102.41 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 |