Healthcare Triangle (HCTI) Research & Development (2020 - 2026)
Healthcare Triangle (HCTI) posted Research & Development of $85000.0 for Q1 2026, down 92.07% sequentially from $1.1 million in Q4 2025, and down 40.97% YoY from $144000.0 in Q1 2025.
Healthcare Triangle (HCTI) Research & Development (2020 - 2026) Analysis & Trends
Healthcare Triangle has reported Research & Development for 7 years, with the latest figure at $85000.0 in Q1 2026.
- Quarterly Research & Development fell 40.97% year-over-year to $85000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.8 million (up 90.92% YoY) and the FY2025 annual result came in at $3.1 million, up 39.99% from the prior year.
- Research & Development eased to $85000.0 in Q1 2026 per HCTI's latest filing, from $1.1 million in the prior quarter.
- Over five years, Research & Development peaked at $3.5 million in Q4 2022 and troughed at $85000.0 in Q1 2026.
- A 5-year average of $923882.4 and a median of $782000.0 in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2024 and 2025: Research & Development tumbled 92.79% in 2024, then soared 247.62% in 2025.
- Over 5 years, Research & Development stood at $3.5 million in 2022, then sank by 77.44% to $782000.0 in 2023, then sank by 49.49% to $395000.0 in 2024, then soared by 171.39% to $1.1 million in 2025, then tumbled by 92.07% to $85000.0 in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $85000.0, $1.1 million, and $1.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 208.32 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | - |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 26.83 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 56.79 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 81.41 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 99.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 50.38 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 45.05 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 30.58 Mn |
| 10 | Healthcare Triangle | 3.39 Mn | 1.40 Mn | 2.07 Mn | 720,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 720,000.00 |
| Mar 31, 2026 | 85,000.00 |
| Dec 31, 2025 | 1.07 Mn |
| Sep 30, 2025 | 1.02 Mn |
| Jun 30, 2025 | 616,000.00 |
| Mar 31, 2025 | 144,000.00 |
| Dec 31, 2024 | 395,000.00 |
| Sep 30, 2024 | 294,000.00 |
| Jun 30, 2024 | 631,000.00 |
| Mar 31, 2024 | 127,000.00 |
| Dec 31, 2023 | 782,000.00 |
| Sep 30, 2023 | 1.10 Mn |
| Jun 30, 2023 | 1.03 Mn |
| Mar 31, 2023 | 1.76 Mn |
| Dec 31, 2022 | 3.47 Mn |
| Sep 30, 2022 | 1.47 Mn |
| Jun 30, 2022 | 646,000.00 |
| Mar 31, 2022 | 1.07 Mn |
| Dec 31, 2021 | 1.48 Mn |
| Sep 30, 2021 | 2.20 Mn |