Milestone Scientific (MLSS) Research & Development (2010 - 2025)
Milestone Scientific (MLSS) posted Research & Development of $12,334 for Q4 2025, down 94.3% from $217,532 a year earlier and down 24.0% from the prior quarter.
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Analysis
Milestone Scientific (MLSS) Research & Development (2010 - 2025) Analysis & Trends
For FY2025, Milestone Scientific's Research & Development came in at $449,469, down 47.7% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of 7.9% (FY2020 to FY2025).
- In prior years, Milestone Scientific's Research & Development was $858,767 in FY2024 (+22.4%), $701,378 in FY2023 (-39.0%), $1.15 million in FY2022 (+31.0%) and $878,210 in FY2021 (+185.3%).
- The Q4 2025 figure stands as the lowest quarterly Research & Development since Q3 2019.
- On a year-over-year basis, Research & Development has declined in each of the last three quarters, with growth averaging 11.8% over the last eight quarters.
- The strongest year-over-year quarter for Research & Development in the past five years was Q4 2021, with growth of 310.1%; the weakest was Q4 2025, with a decline of 94.3%.
- According to Business Quant data, Research & Development for the three prior quarters was $16,226 (Q3 2025), $51,789 (Q2 2025) and $369,120 (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 278.90 Mn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 258.00 Mn |
| 10 | Milestone Scientific | 32.99 Mn | 28.03 Mn | 1.56 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 12,334.00 |
| Sep 30, 2025 | 16,226.00 |
| Jun 30, 2025 | 51,789.00 |
| Mar 31, 2025 | 369,120.00 |
| Dec 31, 2024 | 217,532.00 |
| Sep 30, 2024 | 232,056.00 |
| Jun 30, 2024 | 314,968.00 |
| Mar 31, 2024 | 94,211.00 |
| Dec 31, 2023 | 176,906.00 |
| Sep 30, 2023 | 170,478.00 |
| Jun 30, 2023 | 213,647.00 |
| Mar 31, 2023 | 140,347.00 |
| Dec 31, 2022 | 252,991.00 |
| Sep 30, 2022 | 166,191.00 |
| Jun 30, 2022 | 266,560.00 |
| Mar 31, 2022 | 464,466.00 |
| Dec 31, 2021 | 290,167.00 |
| Sep 30, 2021 | 356,179.00 |
| Jun 30, 2021 | 215,420.00 |
| Mar 31, 2021 | 16,444.00 |
API Access
Milestone Scientific 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=MLSS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "MLSS", "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=MLSS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();