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
DateValue
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