InMode (INMD) Research & Development (2018 - 2026)
InMode's (INMD) quarterly Research & Development came in at $50.8 million in Q2 2026, up 7.04% year-over-year from $47.5 million in Q2 2025, and up 18.37% quarter-over-quarter from $42.9 million in Q1 2026.
Analysis
InMode (INMD) Research & Development (2018 - 2026) Analysis & Trends
InMode has disclosed Research & Development across 9 years of filings, most recently posting $50.8 million for Q2 2026.
- In Q2 2026, Research & Development rose 7.04% year-over-year to $50.8 million; the TTM figure through Jun 2026 stood at $187.1 million (up 1.86% YoY), while the FY2025 annual figure was $180.6 million, changed 0.43% from the prior year.
- Research & Development came in at $50.8 million for Q2 2026 at InMode, up from $42.9 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $51.9 million in Q3 2024 to a low of $30.8 million in Q1 2022.
- Average Research & Development over 5 years is $45.0 million, with a median of $45.0 million recorded in 2024.
- Year-over-year, Research & Development soared 39.65% in 2022 and decreased 13.29% in 2025.
- Over 5 years, Research & Development stood at $47.0 million in 2022, then advanced by 5.19% to $49.5 million in 2023, then decreased by 9.7% to $44.7 million in 2024, then grew by 8.41% to $48.4 million in 2025, then rose by 4.98% to $50.8 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $50.8 million in Q2 2026, $42.9 million in Q1 2026, and $48.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 370.60 Mn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 771.00 Mn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 434.00 Mn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 554.00 Mn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 278.90 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -663.00 Mn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 153.00 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 28.60 Mn |
| 10 | InMode | 955.60 Mn | 473.48 Mn | 71.52 Mn | 50.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.82 Mn |
| 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 |