Modular Medical (MODD) Research & Development (2020 - 2026)

Modular Medical's Research & Development history runs 7 years deep, the most recent figure standing at $3.8 million for Q1 2026.

• Quarterly Research & Development fell 2.44% year-over-year to $3.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $20.0 million (up 35.9% YoY) and the FY2026 annual result came in at $20.0 million, up 35.9% from the prior year.
• Research & Development was $3.8 million for Q1 2026 at Modular Medical, down from $5.4 million in the prior quarter.
• Across five years, Research & Development topped out at $5.6 million in Q3 2025 and bottomed at $2.0 million in Q1 2022.
• A 5-year average of $3.4 million and a median of $3.2 million in 2024 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2022 — Research & Development jumped 112.86% — and 2026, when it dropped 2.44%.
• Modular Medical's Research & Development stood at $2.2 million in 2022, then jumped by 74.69% to $3.8 million in 2023, then climbed by 0.39% to $3.9 million in 2024, then surged by 40.28% to $5.4 million in 2025, then decreased by 28.94% to $3.8 million in 2026.
• Business Quant data shows MODD's Research & Development at $3.8 million in Q1 2026, $5.4 million in Q4 2025, and $5.6 million in Q3 2025.