Mimedx (MDXG) Research & Development (2011 - 2026)
Mimedx's (MDXG) quarterly Research & Development came in at $4.1 million in Q1 2026, up 24.4% year-on-year from $3.3 million in Q1 2025, and down 13.04% quarter-over-quarter from $4.8 million in Q4 2025.
Mimedx (MDXG) Research & Development (2011 - 2026) Analysis & Trends
Mimedx has disclosed Research & Development across 16 years of filings, most recently posting $4.1 million for Q1 2026.
- Research & Development for Q1 2026 came in at $4.1 million, up 24.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.9 million (up 23.99% YoY), and the FY2025 annual result was $15.1 million, up 22.33% from the prior year.
- Research & Development came in at $4.1 million for Q1 2026 at Mimedx, down from $4.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $6.0 million in Q1 2022 to a low of -$4.7 million in Q4 2022.
- The 5-year median for Research & Development is $3.5 million (2023), against an average of $3.3 million.
- Across the five-year window, Research & Development slumped 66.6% in 2022 and jumped 151.46% in 2023, its largest moves.
- Mimedx's Research & Development stood at -$4.7 million in 2022, then surged by 151.46% to $2.4 million in 2023, then soared by 46.77% to $3.6 million in 2024, then surged by 33.32% to $4.8 million in 2025, then declined by 13.04% to $4.1 million in 2026.
- The last three Research & Development figures came in at $4.1 million (Q1 2026), $4.8 million (Q4 2025), and $3.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.32 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 15.66 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 626,092.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -101.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -2.30 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 1.46 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 357,444.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 961.60 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -58.00 Mn |
| 10 | Mimedx | 546.28 Mn | 386.51 Mn | 41.62 Mn | 4.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.14 Mn |
| Dec 31, 2025 | 4.76 Mn |
| Sep 30, 2025 | 3.70 Mn |
| Jun 30, 2025 | 3.30 Mn |
| Mar 31, 2025 | 3.33 Mn |
| Dec 31, 2024 | 3.57 Mn |
| Sep 30, 2024 | 2.92 Mn |
| Jun 30, 2024 | 3.01 Mn |
| Mar 31, 2024 | 2.84 Mn |
| Dec 31, 2023 | 2.43 Mn |
| Sep 30, 2023 | 3.08 Mn |
| Jun 30, 2023 | 3.67 Mn |
| Mar 31, 2023 | 3.48 Mn |
| Dec 31, 2022 | -4.73 Mn |
| Sep 30, 2022 | 5.95 Mn |
| Jun 30, 2022 | 5.51 Mn |
| Mar 31, 2022 | 5.96 Mn |
| Dec 31, 2021 | -2.84 Mn |
| Sep 30, 2021 | 4.37 Mn |
| Jun 30, 2021 | 4.06 Mn |