Lucid Diagnostics (LUCD) Research & Development (2020 - 2026)
Lucid Diagnostics (LUCD) recorded Research & Development of $1.19 million in Q2 2026, down 5.0% from $1.26 million a year earlier and down 1.2% from the prior quarter.
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Analysis
Lucid Diagnostics (LUCD) Research & Development (2020 - 2026) Analysis & Trends
On a TTM basis, Lucid Diagnostics' Research & Development came in at $5.39 million as of Jun 30, 2026, down 7.0% year-over-year; for FY2025, it was $5.68 million, down 5.2% from FY2024.
- Annual Research & Development has declined for three straight years, though with a five-year compound annual growth rate of 0.8% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $5.99 million in FY2024 (-17.4%), $7.25 million in FY2023 (-35.6%), $11.26 million in FY2022 (+21.1%) and $9.3 million in FY2021 (+70.8%).
- The Q2 2026 figure is the lowest quarterly Research & Development in data going back to Q3 2020.
- On a year-over-year basis, Research & Development rose in two of the last eight quarters, with an average decline of 7.5%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 90.7% in Q4 2021, against a decline of 46.9% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.21 million (Q1 2026), $1.72 million (Q4 2025) and $1.27 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 228.07 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | - |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | - |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 96.53 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 52.64 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | - |
| 10 | Lucid Diagnostics | 154.51 Mn | 11.17 Mn | 55,000.00 | 1.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.19 Mn |
| Mar 31, 2026 | 1.21 Mn |
| Dec 31, 2025 | 1.72 Mn |
| Sep 30, 2025 | 1.27 Mn |
| Jun 30, 2025 | 1.26 Mn |
| Mar 31, 2025 | 1.43 Mn |
| Dec 31, 2024 | 1.45 Mn |
| Sep 30, 2024 | 1.67 Mn |
| Jun 30, 2024 | 1.37 Mn |
| Mar 31, 2024 | 1.50 Mn |
| Dec 31, 2023 | 1.92 Mn |
| Sep 30, 2023 | 1.62 Mn |
| Jun 30, 2023 | 1.83 Mn |
| Mar 31, 2023 | 1.89 Mn |
| Dec 31, 2022 | 2.44 Mn |
| Sep 30, 2022 | 2.70 Mn |
| Jun 30, 2022 | 3.44 Mn |
| Mar 31, 2022 | 2.88 Mn |
| Dec 31, 2021 | 3.48 Mn |
| Sep 30, 2021 | 2.19 Mn |
API Access
Lucid Diagnostics 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=LUCD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "LUCD", "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=LUCD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();