Cash Flow Statement
Growth Metrics

Mimedx (MDXG) Research & Development (2011 - 2026)

Mimedx recorded quarterly Research & Development of $4.1 million in Q1 2026, down 13.04% quarter-over-quarter from $4.8 million in Q4 2025, and up 24.4% year-over-year from $3.3 million in Q1 2025.

Mimedx's Research & Development history runs 16 years deep, the most recent figure standing at $4.1 million for Q1 2026.

  • In Q1 2026, Research & Development rose 24.4% year-over-year to $4.1 million; the TTM figure through Mar 2026 stood at $15.9 million (up 23.99% YoY), while the FY2025 annual figure 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.
  • A 5-year average of $3.3 million and a median of $3.5 million in 2023 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development sank 66.6% in 2022 and surged 151.46% in 2023, its largest moves.
  • Mimedx's Research & Development stood at -$4.7 million in 2022, then soared by 151.46% to $2.4 million in 2023, then jumped by 46.77% to $3.6 million in 2024, then soared by 33.32% to $4.8 million in 2025, then fell by 13.04% to $4.1 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $4.1 million, $4.8 million, and $3.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - 626,092.00
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - 4.32 Mn
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -101.30 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 1.46 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 961.60 Mn
7 Evaxion A 62.56 Bn 62.54 Bn - -2.30 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 1.54 Bn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 364.87 Mn
10 Mimedx 530.69 Mn 370.92 Mn 41.62 Mn 4.14 Mn

Historic Data

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DateValue
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
Mar 31, 2021 4.34 Mn
Dec 31, 2020 3.43 Mn
Sep 30, 2020 3.37 Mn
Jun 30, 2020 2.26 Mn
Mar 31, 2020 2.65 Mn
Dec 31, 2019 2.72 Mn
Sep 30, 2019 2.69 Mn
Jun 30, 2019 2.83 Mn
Mar 31, 2019 2.90 Mn
Dec 31, 2018 4.54 Mn
Sep 30, 2018 3.96 Mn
Jun 30, 2018 3.72 Mn
Mar 31, 2018 3.55 Mn
Dec 31, 2017 3.47 Mn
Sep 30, 2017 5.48 Mn
Jun 30, 2017 4.75 Mn
Mar 31, 2017 4.20 Mn
Dec 31, 2016 5.76 Mn
Sep 30, 2016 2.92 Mn
Jun 30, 2016 3.17 Mn
Mar 31, 2016 2.50 Mn
Dec 31, 2015 2.34 Mn
Sep 30, 2015 2.19 Mn
Jun 30, 2015 2.05 Mn
Mar 31, 2015 1.83 Mn
Dec 31, 2014 1.85 Mn
Sep 30, 2014 2.01 Mn
Jun 30, 2014 1.80 Mn
Mar 31, 2014 1.39 Mn
Dec 31, 2013 1.38 Mn
Sep 30, 2013 1.29 Mn
Jun 30, 2013 924,468.00
Mar 31, 2013 1.25 Mn
Dec 31, 2012 1.14 Mn
Sep 30, 2012 838,690.00
Jun 30, 2012 503,086.00
Mar 31, 2012 407,072.00
Dec 31, 2011 660,592.00
Sep 30, 2011 561,545.00
Jun 30, 2011 791,952.00
Mar 31, 2011 962,224.00