IM Cannabis (IMCC) Research & Development (2020 - 2026)
IM Cannabis' (IMCC) quarterly Research & Development came in at $1.1 million in Q1 2026, up 25.43% year-on-year from $887174.7 in Q1 2025, and up 11.54% quarter-over-quarter from $997669.9 in Q3 2025.
IM Cannabis (IMCC) Research & Development (2020 - 2026) Analysis & Trends
IM Cannabis' Research & Development history runs 7 years deep, the most recent figure standing at $1.1 million for Q1 2026.
- On a quarterly basis, Research & Development rose 25.43% year-over-year to $1.1 million in Q1 2026; TTM through Mar 2026 was $3.9 million, a 9.81% decrease from a year earlier, with the FY2024 full-year figure at $5.2 million, down 35.43% from the prior year.
- Research & Development improved to $1.1 million in Q1 2026 per IMCC's latest filing, from $997669.9 in the prior quarter.
- Across five years, Research & Development topped out at $2.4 million in Q2 2022 and bottomed at $887174.7 in Q1 2025.
- The 5-year median for Research & Development is $1.5 million (2024), against an average of $1.6 million.
- Across the five-year window, Research & Development jumped 131.21% in 2022 and tumbled 47.84% in 2025, its largest moves.
- Year by year, Research & Development stood at $2.3 million in 2022, then retreated by 9.87% to $2.1 million in 2023, then slumped by 37.63% to $1.3 million in 2024, then retreated by 22.14% to $997669.9 in 2025, then increased by 11.54% to $1.1 million in 2026.
- Per Business Quant, the three latest IMCC Research & Development figures stand at $1.1 million (Q1 2026), $997669.9 (Q3 2025), and $930287.4 (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 696.00 Mn |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 180.00 Mn |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | 7.37 Bn |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 138.20 Mn |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | 248.60 Mn |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 296.20 Mn |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | 97.00 Mn |
| 10 | IM Cannabis | 591,792.44 | -193,562.09 | 1.03 Mn | 1.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.11 Mn |
| Sep 30, 2025 | 997,669.86 |
| Jun 30, 2025 | 930,287.41 |
| Mar 31, 2025 | 887,174.67 |
| Dec 31, 2024 | 1.28 Mn |
| Sep 30, 2024 | 1.10 Mn |
| Jun 30, 2024 | 1.08 Mn |
| Mar 31, 2024 | 1.70 Mn |
| Dec 31, 2023 | 2.05 Mn |
| Sep 30, 2023 | 1.91 Mn |
| Jun 30, 2023 | 1.95 Mn |
| Mar 31, 2023 | 2.07 Mn |
| Dec 31, 2022 | 2.28 Mn |
| Sep 30, 2022 | 2.14 Mn |
| Jun 30, 2022 | 2.45 Mn |
| Mar 31, 2022 | 993,949.53 |
| Dec 31, 2021 | 2.28 Mn |
| Sep 30, 2021 | 1.36 Mn |
| Jun 30, 2021 | 1.06 Mn |
| Mar 31, 2021 | 940,217.95 |