Iradimed (IRMD) Research & Development (2013 - 2026)
Iradimed (IRMD) posted Research & Development of $657,000 for Q2 2026, down 25.1% from $877,000 a year earlier and down 31.3% from the prior quarter.
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Analysis
Iradimed (IRMD) Research & Development (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Iradimed was $3.09 million, up 13.9% year-over-year; for FY2025, it was $2.98 million, up 5.0% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of 9.4% (FY2020 to FY2025).
- In prior years, Iradimed's Research & Development was $2.83 million in FY2024 (-0.9%), $2.86 million in FY2023 (+25.5%), $2.28 million in FY2022 (+19.6%) and $1.91 million in FY2021 (+0.1%).
- The Q2 2026 figure stands as the lowest quarterly Research & Development since Q1 2025.
- On a year-over-year basis, Research & Development increased in five of the last eight quarters, with growth averaging 11.0%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q1 2023, with growth of 477.9%; the weakest was Q1 2024, with a decline of 72.6%.
- According to Business Quant data, Research & Development for the three prior quarters was $956,000 (Q1 2026), $799,031 (Q4 2025) and $674,362 (Q3 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 | Iradimed | 1.11 Bn | 882.40 Mn | 15.16 Mn | 657,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 657,000.00 |
| Mar 31, 2026 | 956,000.00 |
| Dec 31, 2025 | 799,031.00 |
| Sep 30, 2025 | 674,362.00 |
| Jun 30, 2025 | 877,000.00 |
| Mar 31, 2025 | 624,000.00 |
| Dec 31, 2024 | 570,404.00 |
| Sep 30, 2024 | 639,467.00 |
| Jun 30, 2024 | 801,129.00 |
| Mar 31, 2024 | 821,000.00 |
| Dec 31, 2023 | 650,435.00 |
| Sep 30, 2023 | 452,555.00 |
| Jun 30, 2023 | 961,952.00 |
| Mar 31, 2023 | 3.00 Mn |
| Dec 31, 2022 | 604,744.00 |
| Sep 30, 2022 | 491,643.00 |
| Jun 30, 2022 | 662,599.00 |
| Mar 31, 2022 | 519,095.00 |
| Dec 31, 2021 | 494,851.00 |
| Sep 30, 2021 | 480,696.00 |
API Access
Iradimed 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=IRMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "IRMD", "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=IRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();