Lensar (LNSR) Research & Development (2019 - 2026)
Lensar's Research & Development was $1.27 million in Q2 2026, down 10.7% from $1.43 million a year earlier and down 8.1% from the prior quarter.
Lensar (LNSR) Research & Development (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Lensar's Research & Development was $5.32 million through Jun 30, 2026, down 3.2% year-over-year; for FY2025, it came in at $5.62 million, up 5.5% from FY2024.
- Research & Development shows a five-year compound annual growth rate of -5.7% (FY2020 to FY2025).
- In earlier years, Research & Development was $5.33 million in FY2024 (-13.2%), $6.14 million in FY2023 (-48.0%), $11.81 million in FY2022 (-4.4%) and $12.36 million in FY2021 (+63.6%).
- The Q2 2026 figure marks the lowest quarterly Research & Development since Q3 2024.
- Compared with a year earlier, Research & Development has declined for three straight quarters, with an average decline of 3.5% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was Q1 2022 (growth of 74.4%); the worst was Q1 2023 (a decline of 65.5%).
- Per Business Quant data, LNSR's Research & Development in the three quarters before Q2 2026 was $1.39 million (Q1 2026), $1.3 million (Q4 2025) and $1.37 million (Q3 2025).
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 | Lensar | 84.75 Mn | 36.62 Mn | 9.78 Mn | 1.27 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.27 Mn |
| Mar 31, 2026 | 1.39 Mn |
| Dec 31, 2025 | 1.30 Mn |
| Sep 30, 2025 | 1.37 Mn |
| Jun 30, 2025 | 1.43 Mn |
| Mar 31, 2025 | 1.53 Mn |
| Dec 31, 2024 | 1.34 Mn |
| Sep 30, 2024 | 1.20 Mn |
| Jun 30, 2024 | 1.35 Mn |
| Mar 31, 2024 | 1.44 Mn |
| Dec 31, 2023 | 1.46 Mn |
| Sep 30, 2023 | 1.53 Mn |
| Jun 30, 2023 | 1.50 Mn |
| Mar 31, 2023 | 1.65 Mn |
| Dec 31, 2022 | 1.62 Mn |
| Sep 30, 2022 | 1.58 Mn |
| Jun 30, 2022 | 3.83 Mn |
| Mar 31, 2022 | 4.79 Mn |
| Dec 31, 2021 | 3.42 Mn |
| Sep 30, 2021 | 3.18 Mn |
Lensar 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=LNSR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "LNSR", "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=LNSR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();