Healthcare Triangle (HCTI) Research & Development (2020 - 2026)
Healthcare Triangle (HCTI) reported Research & Development of $85000.0 for Q1 2026, down 40.97% on a YoY basis from $144000.0 in Q1 2025, and down 92.07% sequentially from $1.1 million in Q4 2025.
Healthcare Triangle (HCTI) Research & Development (2020 - 2026) Analysis & Trends
Healthcare Triangle (HCTI) has 7 years of Research & Development data on file, last reported at $85000.0 in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 40.97% year-over-year to $85000.0; the trailing twelve-month figure through Mar 2026 stood at $2.8 million (up 90.92% YoY), and the FY2025 full-year result was $3.1 million, up 39.99% from the prior year.
- Research & Development eased to $85000.0 in Q1 2026, from $1.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $3.5 million in Q4 2022 to a low of $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.
- Across the five-year window, Research & Development sank 92.79% in 2024 and jumped 247.62% in 2025, its largest moves.
- Tracing HCTI's Research & Development over 5 years: stood at $3.5 million in 2022, then slumped by 77.44% to $782000.0 in 2023, then slumped by 49.49% to $395000.0 in 2024, then soared by 171.39% to $1.1 million in 2025, then plunged by 92.07% to $85000.0 in 2026.
- Business Quant data shows HCTI's Research & Development at $85000.0 in Q1 2026, $1.1 million in Q4 2025, and $1.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.72 Bn | 24.41 Bn | 662.02 Mn | 208.32 Mn |
| 2 | BrightSpring Health Services | 14.72 Bn | 13.82 Bn | 482.22 Mn | - |
| 3 | Healthequity | 8.36 Bn | 8.10 Bn | 256.31 Mn | 26.83 Mn |
| 4 | 10x Genomics | 5.91 Bn | 5.37 Bn | 106.18 Mn | 56.85 Mn |
| 5 | Hinge Health | 5.90 Bn | 5.59 Bn | 154.23 Mn | 30.34 Mn |
| 6 | MiniMed | 4.48 Bn | 4.19 Bn | 480.00 Mn | 99.00 Mn |
| 7 | Waystar Holding | 4.41 Bn | 4.35 Bn | 216.84 Mn | 45.83 Mn |
| 8 | Doximity | 3.94 Bn | 3.19 Bn | 125.97 Mn | 39.11 Mn |
| 9 | Privia Health | 3.10 Bn | 2.68 Bn | - | 8.13 Mn |
| 10 | Healthcare Triangle | 1.58 Mn | -2.73 Mn | 2.39 Mn | 85,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 813,000.00 |