Medinotec (MDNC) Research & Development (2022 - 2026)
Medinotec's Research & Development came in at $7,970 for fiscal Q1 2027 (quarter ended May 31, 2026), down 83.7% from $49,014 a year earlier and down 69.7% from the prior quarter.
Medinotec (MDNC) Research & Development (2022 - 2026) Analysis & Trends
Over the trailing twelve months to May 31, 2026, Medinotec reported Research & Development of $108,814, down 13.1% year-over-year; for FY2026 (ended Feb 28, 2026), it was $149,858, up 64.4% from FY2025.
- Research & Development carries a four-year compound annual growth rate of 44.1% (FY2022 to FY2026).
- Going back by fiscal year, Research & Development was $91,133 in FY2025, -$22,351 in FY2024, -$64,866 in FY2023 and $34,767 in FY2022.
- The fiscal Q1 2027 figure represents the lowest quarterly Research & Development since fiscal Q4 2025.
- Year-over-year, Research & Development increased in 1 of the last four quarters, with growth averaging 42.7%.
- Business Quant data shows MDNC's Research & Development at $26,283 (Q4 2026), $8,326 (Q3 2026) and $66,235 (Q2 2026) in the three fiscal quarters before Q1 2027.
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 | Medinotec | 58.78 Mn | 50.33 Mn | 1.31 Mn | 7,970.00 |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 7,970.00 |
| Feb 28, 2026 | 26,283.00 |
| Nov 30, 2025 | 8,326.00 |
| Aug 31, 2025 | 66,235.00 |
| May 31, 2025 | 49,014.00 |
| Feb 28, 2025 | 4,991.00 |
| Nov 30, 2024 | 69,270.00 |
| Aug 31, 2024 | 1,892.00 |
| May 31, 2024 | -14,981.00 |
| Feb 29, 2024 | -39,197.00 |
| Nov 30, 2023 | 2,728.00 |
| Aug 31, 2023 | 11,857.00 |
| May 31, 2023 | -2,262.00 |
| Feb 28, 2023 | -127,222.00 |
| Nov 30, 2022 | 6,405.00 |
| Aug 31, 2022 | 21,892.00 |
| May 31, 2022 | -34,058.00 |
Medinotec 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=MDNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "MDNC", "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=MDNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();