Growth Metrics

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

Modular Medical posted quarterly Research & Development of $5.4 million for Q4 2025, up 40.28% year-on-year from $3.9 million in Q4 2024, and down 3.36% on a QoQ basis from $5.6 million in Q3 2025.

Modular Medical (MODD) has 6 years of Research & Development data on file, last reported 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.
  • Across five years, Research & Development topped out at $5.6 million in Q3 2025 and bottomed at $933154.0 in Q1 2021.
  • The 5-year median for Research & Development is $2.9 million (2023), against an average of $3.1 million.
  • The widest annual swing landed in 2022, when Research & Development jumped 112.86%; it then increased 0.39% in 2024.
  • A 5-year view of Research & Development shows it stood at $1.8 million in 2021, then climbed by 18.8% to $2.2 million in 2022, then soared by 74.69% to $3.8 million in 2023, then advanced by 0.39% to $3.9 million in 2024, then jumped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 767.00 Mn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 413.00 Mn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 722.00 Mn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 263.30 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -461.27 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 145.30 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 345.00 Mn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 28.80 Mn
10 Modular Medical 9.24 Mn 6.30 Mn - 5.41 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 5.41 Mn
Sep 30, 2025 5.59 Mn
Jun 30, 2025 5.13 Mn
Mar 31, 2025 3.94 Mn
Dec 31, 2024 3.85 Mn
Sep 30, 2024 3.70 Mn
Jun 30, 2024 3.21 Mn
Mar 31, 2024 3.12 Mn
Dec 31, 2023 3.84 Mn
Sep 30, 2023 3.16 Mn
Jun 30, 2023 2.77 Mn
Mar 31, 2023 2.26 Mn
Dec 31, 2022 2.20 Mn
Sep 30, 2022 2.39 Mn
Jun 30, 2022 2.22 Mn
Mar 31, 2022 1.99 Mn
Dec 31, 2021 1.85 Mn
Sep 30, 2021 2.11 Mn
Jun 30, 2021 1.79 Mn
Mar 31, 2021 933,154.00
Dec 31, 2020 1.09 Mn
Sep 30, 2020 1.09 Mn
Jun 30, 2020 970,815.00