Lemaitre Vascular (LMAT) Research & Development (2010 - 2026)
Lemaitre Vascular (LMAT) reported Research & Development of $4.1 million for Q1 2026, down 0.85% year-over-year from $4.1 million in Q1 2025, and up 14.92% on a QoQ basis from $3.5 million in Q4 2025.
Lemaitre Vascular (LMAT) has 17 years of Research & Development data on file, last reported at $4.1 million in Q1 2026.
- Quarterly Research & Development fell 0.85% year-over-year to $4.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $14.1 million (down 9.9% YoY) and the FY2025 annual result came in at $14.1 million, down 9.65% from the prior year.
- Research & Development improved to $4.1 million in Q1 2026 per LMAT's latest filing, from $3.5 million in the prior quarter.
- Across five years, Research & Development topped out at $4.5 million in Q2 2023 and bottomed at $2.9 million in Q1 2022.
- The 5-year median for Research & Development is $3.7 million (2024), against an average of $3.8 million.
- The widest annual swing landed in 2023, when Research & Development surged 34.97%; it then decreased 18.76% in 2025.
- Tracing LMAT's Research & Development over 5 years: stood at $3.6 million in 2022, then climbed by 22.43% to $4.4 million in 2023, then slipped by 16.85% to $3.6 million in 2024, then dropped by 2.35% to $3.5 million in 2025, then grew by 14.92% to $4.1 million in 2026.
- Per Business Quant, the three latest LMAT Research & Development figures stand at $4.1 million (Q1 2026), $3.5 million (Q4 2025), and $3.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 361.90 Mn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 249.00 Mn |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 94.27 Mn |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 15.80 Mn |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 189.00 Mn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 44.30 Mn |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 98.66 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 139.00 Mn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | - |
| 10 | Lemaitre Vascular | 2.28 Bn | 1.91 Bn | 48.40 Mn | 4.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.06 Mn |
| Dec 31, 2025 | 3.53 Mn |
| Sep 30, 2025 | 2.97 Mn |
| Jun 30, 2025 | 3.54 Mn |
| Mar 31, 2025 | 4.10 Mn |
| Dec 31, 2024 | 3.62 Mn |
| Sep 30, 2024 | 3.66 Mn |
| Jun 30, 2024 | 4.28 Mn |
| Mar 31, 2024 | 4.09 Mn |
| Dec 31, 2023 | 4.35 Mn |
| Sep 30, 2023 | 4.22 Mn |
| Jun 30, 2023 | 4.52 Mn |
| Mar 31, 2023 | 3.88 Mn |
| Dec 31, 2022 | 3.55 Mn |
| Sep 30, 2022 | 3.46 Mn |
| Jun 30, 2022 | 3.35 Mn |
| Mar 31, 2022 | 2.93 Mn |
| Dec 31, 2021 | 3.46 Mn |
| Sep 30, 2021 | 2.85 Mn |
| Jun 30, 2021 | 2.65 Mn |
| Mar 31, 2021 | 2.84 Mn |
| Dec 31, 2020 | 2.87 Mn |
| Sep 30, 2020 | 2.10 Mn |
| Jun 30, 2020 | 2.14 Mn |
| Mar 31, 2020 | 2.99 Mn |
| Dec 31, 2019 | 2.50 Mn |
| Sep 30, 2019 | 2.28 Mn |
| Jun 30, 2019 | 2.26 Mn |
| Mar 31, 2019 | 2.24 Mn |
| Dec 31, 2018 | 2.35 Mn |
| Sep 30, 2018 | 2.04 Mn |
| Jun 30, 2018 | 1.99 Mn |
| Mar 31, 2018 | 1.83 Mn |
| Dec 31, 2017 | 1.58 Mn |
| Sep 30, 2017 | 1.76 Mn |
| Jun 30, 2017 | 1.63 Mn |
| Mar 31, 2017 | 1.66 Mn |
| Dec 31, 2016 | 1.52 Mn |
| Sep 30, 2016 | 1.54 Mn |
| Jun 30, 2016 | 1.63 Mn |
| Mar 31, 2016 | 1.45 Mn |
| Dec 31, 2015 | 1.58 Mn |
| Sep 30, 2015 | 1.42 Mn |
| Jun 30, 2015 | 1.33 Mn |
| Mar 31, 2015 | 1.15 Mn |
| Dec 31, 2014 | 1.08 Mn |
| Sep 30, 2014 | 1.11 Mn |
| Jun 30, 2014 | 1.14 Mn |
| Mar 31, 2014 | 1.34 Mn |
| Dec 31, 2013 | 1.40 Mn |
| Sep 30, 2013 | 1.30 Mn |
| Jun 30, 2013 | 1.27 Mn |
| Mar 31, 2013 | 1.27 Mn |
| Dec 31, 2012 | 1.56 Mn |
| Sep 30, 2012 | 1.26 Mn |
| Mar 31, 2012 | 1.14 Mn |
| Dec 31, 2011 | 1.14 Mn |
| Sep 30, 2011 | 974,000.00 |
| Jun 30, 2011 | 1.04 Mn |
| Mar 31, 2011 | 1.27 Mn |
| Dec 31, 2010 | 1.48 Mn |
| Sep 30, 2010 | 1.14 Mn |
| Jun 30, 2010 | 1.34 Mn |