HeartSciences (HSCSW) Research & Development (2021 - 2026)
HeartSciences' (HSCSW) quarterly Research & Development came in at $476205.0 in Q2 2026, down 48.75% on a YoY basis from $929091.0 in Q2 2025, and down 34.5% quarter-over-quarter from $727026.0 in Q4 2025.
Analysis
HeartSciences (HSCSW) Research & Development (2021 - 2026) Analysis & Trends
HeartSciences (HSCSW) has reported Research & Development for 6 consecutive years, with $476205.0 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development fell 48.75% year-over-year to $476205.0; the trailing twelve-month figure through Apr 2026 stood at $3.1 million (down 28.65% YoY), and the FY2026 full-year result was $2.8 million, down 35.27% from the prior year.
- Research & Development fell to $476205.0 in Q2 2026 per HSCSW's latest filing, from $727026.0 in the prior quarter.
- Across five years, Research & Development topped out at $1.4 million in Q2 2022 and bottomed at $434198.0 in Q3 2022.
- Historically, Research & Development has averaged $822388.8 across 5 years, with a median of $757303.0 in 2023.
- The sharpest annual moves came in 2023 and 2024: Research & Development tumbled 60.58% in 2023, then soared 116.56% in 2024.
- Over 5 years, Research & Development stood at $848976.0 in 2022, then retreated by 10.8% to $757303.0 in 2023, then surged by 58.32% to $1.2 million in 2024, then slumped by 39.36% to $727026.0 in 2025, then tumbled by 34.5% to $476205.0 in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $476205.0, $727026.0, and $997206.0 for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 30.07 Bn | 27.96 Bn | 2.18 Bn | 323.00 Mn |
| 2 | Lantheus Holdings | 6.57 Bn | 5.98 Bn | 241.86 Mn | 82.81 Mn |
| 3 | Heartflow | 4.12 Bn | 3.74 Bn | 53.19 Mn | 30.58 Mn |
| 4 | Neogen | 2.61 Bn | 2.42 Bn | 107.80 Mn | 41.10 Mn |
| 5 | Butterfly Network | 1.99 Bn | 1.87 Bn | 23.29 Mn | 11.47 Mn |
| 6 | Ceribell | 927.98 Mn | 798.72 Mn | 25.94 Mn | 24.42 Mn |
| 7 | QuidelOrtho | 883.12 Mn | 759.72 Mn | - | - |
| 8 | Varex Imaging | 778.85 Mn | 679.65 Mn | 76.70 Mn | 23.30 Mn |
| 9 | Prenetics Global | 338.80 Mn | 279.75 Mn | 30.20 Mn | -757,000.00 |
| 10 | HeartSciences | 184,567.09 | -1.52 Mn | - | 476,205.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |