InMode (INMD) Research & Development (2018 - 2026)
InMode (INMD) posted Research & Development of $42.9 million for Q1 2026, down 11.31% sequentially from $48.4 million in Q4 2025, and up 8.07% YoY from $39.7 million in Q1 2025.
InMode (INMD) Research & Development (2018 - 2026) Analysis & Trends
InMode has reported Research & Development for 9 years, with the latest figure at $42.9 million in Q1 2026.
- Quarterly Research & Development rose 8.07% year-over-year to $42.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $183.8 million (up 1.37% YoY) and the FY2025 annual result came in at $180.6 million, changed 0.43% from the prior year.
- Research & Development fell to $42.9 million in Q1 2026 per INMD's latest filing, from $48.4 million in the prior quarter.
- Over five years, Research & Development peaked at $51.9 million in Q3 2024 and troughed at $30.8 million in Q1 2022.
- A 5-year average of $44.6 million and a median of $45.0 million in 2025 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2025: Research & Development jumped 39.65% in 2022, then slipped 13.29% in 2025.
- Over 5 years, Research & Development stood at $47.0 million in 2022, then grew by 5.19% to $49.5 million in 2023, then dropped by 9.7% to $44.7 million in 2024, then rose by 8.41% to $48.4 million in 2025, then decreased by 11.31% to $42.9 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $42.9 million, $48.4 million, and $45.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.61 Bn | 194.01 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Stryker | 127.81 Bn | 124.34 Bn | 4.50 Bn | 434.00 Mn |
| 3 | Medtronic | 119.04 Bn | 109.82 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 73.68 Bn | 73.14 Bn | 3.85 Bn | 554.00 Mn |
| 5 | Edwards Lifesciences | 51.96 Bn | 47.71 Bn | 1.35 Bn | 278.90 Mn |
| 6 | Dexcom | 34.36 Bn | 32.41 Bn | 830.00 Mn | 153.00 Mn |
| 7 | GE HealthCare Technologies | 33.83 Bn | 31.72 Bn | 2.18 Bn | 323.00 Mn |
| 8 | Koninklijke Philips | 26.36 Bn | 23.04 Bn | 4.55 Bn | -562.58 Mn |
| 9 | Steris | 23.06 Bn | 22.58 Bn | 684.20 Mn | 28.60 Mn |
| 10 | InMode | 911.60 Mn | 496.43 Mn | 71.52 Mn | 50.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 42.93 Mn |
| Dec 31, 2025 | 48.41 Mn |
| Sep 30, 2025 | 44.97 Mn |
| Jun 30, 2025 | 47.47 Mn |
| Mar 31, 2025 | 39.73 Mn |
| Dec 31, 2024 | 44.65 Mn |
| Sep 30, 2024 | 51.86 Mn |
| Jun 30, 2024 | 45.06 Mn |
| Mar 31, 2024 | 39.80 Mn |
| Dec 31, 2023 | 49.45 Mn |
| Sep 30, 2023 | 50.82 Mn |
| Jun 30, 2023 | 51.06 Mn |
| Mar 31, 2023 | 41.71 Mn |
| Dec 31, 2022 | 47.01 Mn |
| Sep 30, 2022 | 43.06 Mn |
| Jun 30, 2022 | 39.65 Mn |
| Mar 31, 2022 | 30.85 Mn |
| Dec 31, 2021 | 35.29 Mn |
| Sep 30, 2021 | 30.84 Mn |
| Jun 30, 2021 | 28.67 Mn |