InMode (INMD) Research & Development (2018 - 2026)
InMode (INMD) recorded Research & Development of $3.66 million in the quarter ended Jun 30, 2026, up 8.4% from $3.37 million a year earlier and up 3.2% from the prior quarter.
Powered by 
Analysis
InMode (INMD) Research & Development (2018 - 2026) Analysis & Trends
On a TTM basis, InMode's Research & Development came in at $14.25 million as of Jun 30, 2026, up 16.9% year-over-year; for the year ended Dec 31, 2025, it was $13.32 million, up 1.4% from the prior year.
- Annual Research & Development has a five-year compound annual growth rate of 7.1% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Research & Development came in at $13.14 million in the year ended Dec 31, 2024 (-2.0%), $13.41 million in the year ended Dec 31, 2023 (+7.9%), $12.43 million in the year ended Dec 31, 2022 (+30.4%) and $9.53 million in the year ended Dec 31, 2021 (+0.7%).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Research & Development since the quarter ended Jun 30, 2024.
- On a year-over-year basis, Research & Development has increased for four consecutive quarters, with growth averaging 2.6% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 40.8% in the quarter ended Sep 30, 2022, against a decline of 23.2% in the quarter ended Dec 31, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.54 million (quarter ended Mar 31, 2026), $3.51 million (quarter ended Dec 31, 2025) and $3.54 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 278.90 Mn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 258.00 Mn |
| 10 | InMode | 900.96 Mn | -725.66 Mn | 71.52 Mn | 3.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.66 Mn |
| Mar 31, 2026 | 3.54 Mn |
| Dec 31, 2025 | 3.51 Mn |
| Sep 30, 2025 | 3.54 Mn |
| Jun 30, 2025 | 3.37 Mn |
| Mar 31, 2025 | 2.90 Mn |
| Dec 31, 2024 | 2.67 Mn |
| Sep 30, 2024 | 3.25 Mn |
| Jun 30, 2024 | 3.70 Mn |
| Mar 31, 2024 | 3.52 Mn |
| Dec 31, 2023 | 3.47 Mn |
| Sep 30, 2023 | 3.27 Mn |
| Jun 30, 2023 | 3.57 Mn |
| Mar 31, 2023 | 3.10 Mn |
| Dec 31, 2022 | 3.26 Mn |
| Sep 30, 2022 | 3.17 Mn |
| Jun 30, 2022 | 3.18 Mn |
| Mar 31, 2022 | 2.82 Mn |
| Dec 31, 2021 | 2.53 Mn |
| Sep 30, 2021 | 2.25 Mn |
API Access
InMode 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=INMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "INMD", "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=INMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();