Modular Medical (MODD) Research & Development (2020 - 2025)

Modular Medical has reported Research & Development for 6 years, with the latest figure at $5.4 million in Q4 2025.

• For the quarter ending Q4 2025, Research & Development rose 40.28% year-over-year to $5.4 million; the trailing twelve-month figure through Dec 2025 stood at $20.1 million (up 44.64% YoY), and the FY2025 full-year result was $14.7 million, up 14.11% from the prior year.
• Research & Development for Q4 2025 stood at $5.4 million, down from $5.6 million in the prior quarter.
• The five-year high for Research & Development was $5.6 million in Q3 2025, with the low at $933154.0 in Q1 2021.
• Historically, Research & Development has averaged $3.1 million across 5 years, with a median of $2.9 million in 2023.
• Annual changes were most pronounced in 2022 — Research & Development jumped 112.86% — and 2024, when it increased 0.39%.
• Modular Medical's Research & Development stood at $1.8 million in 2021, then advanced by 18.8% to $2.2 million in 2022, then surged by 74.69% to $3.8 million in 2023, then gained by 0.39% to $3.9 million in 2024, then soared by 40.28% to $5.4 million in 2025.
• The last three Research & Development figures came in at $5.4 million (Q4 2025), $5.6 million (Q3 2025), and $5.1 million (Q2 2025), per Business Quant data.