InMode (INMD) Research & Development (2018 - 2026)

InMode (INMD) posted quarterly Research & Development of $42.9 million for Q1 2026, up 8.07% year-on-year from $39.7 million in Q1 2025, and down 11.31% on a QoQ basis from $48.4 million in Q4 2025.

InMode (INMD) Research & Development (2018 - 2026) Analysis & Trends

InMode (INMD) has reported Research & Development for 9 consecutive years, with $42.9 million the latest figure, recorded 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 eased to $42.9 million in Q1 2026 per INMD's latest filing, from $48.4 million in the prior quarter.
  • Over the last five years, Research & Development for INMD reached as high as $51.9 million in Q3 2024 and fell as low as $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.
  • Annual changes were most pronounced in 2022 — Research & Development soared 39.65% — and 2025, when it declined 13.29%.
  • Year by year, Research & Development stood at $47.0 million in 2022, then gained by 5.19% to $49.5 million in 2023, then retreated by 9.7% to $44.7 million in 2024, then climbed by 8.41% to $48.4 million in 2025, then declined 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 767.00 Mn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 413.00 Mn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 671.00 Mn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 263.30 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 145.30 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -461.27 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 345.00 Mn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 InMode 956,721.10 -479.17 Mn 61.55 Mn 42.93 Mn

Historic Data

Download Data
DateValue
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