HeartSciences (HSCS) Research & Development (2021 - 2026)
HeartSciences (HSCS) posted Research & Development of $906,629 for fiscal Q1 2027 (quarter ended Jul 31, 2026), down 9.1% from $997,206 a year earlier but up 90.4% from the prior quarter.
HeartSciences (HSCS) Research & Development (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Research & Development at HeartSciences was $3.11 million, down 25.3% year-over-year; for FY2026 (ended Apr 30, 2026), it was $2.84 million, down 35.3% from FY2025.
- Annual Research & Development shows a four-year compound annual growth rate of -1.4% (FY2022 to FY2026).
- In prior fiscal years, HeartSciences' Research & Development was $4.39 million in FY2025 (+52.4%), $2.88 million in FY2024 (+17.0%), $2.46 million in FY2023 (-18.0%) and $3 million in FY2022.
- Quarterly Research & Development has run from a low of $434,198 in fiscal Q1 2023 to a high of $1.36 million in fiscal Q4 2022 over five years.
- On a year-over-year basis, Research & Development increased in two of the last seven quarters, with growth averaging 4.9%.
- The strongest year-over-year quarter for Research & Development in the past five years was fiscal Q1 2025, with growth of 116.6%; the weakest was fiscal Q4 2023, with a decline of 60.6%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 258.00 Mn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 278.90 Mn |
| 10 | HeartSciences | 16.25 Mn | 11.52 Mn | 1,340.00 | 906,629.00 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 906,629.00 |
| Apr 30, 2026 | 476,205.00 |
| Oct 31, 2025 | 727,026.00 |
| Jul 31, 2025 | 997,206.00 |
| Apr 30, 2025 | 929,091.00 |
| Jan 31, 2025 | 1.03 Mn |
| Oct 31, 2024 | 1.20 Mn |
| Jul 31, 2024 | 1.22 Mn |
| Apr 30, 2024 | 1.05 Mn |
| Jan 31, 2024 | 509,507.00 |
| Oct 31, 2023 | 757,303.00 |
| Jul 31, 2023 | 565,632.00 |
| Apr 30, 2023 | 534,436.00 |
| Jan 31, 2023 | 643,258.00 |
| Oct 31, 2022 | 848,976.00 |
| Jul 31, 2022 | 434,198.00 |
| Apr 30, 2022 | 1.36 Mn |
| Jan 31, 2022 | 699,015.00 |
| Oct 31, 2021 | 545,773.00 |
| Jul 31, 2021 | 401,114.00 |
HeartSciences 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=HSCS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "HSCS", "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=HSCS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();