Myomo (MYO) Research & Development (2016 - 2025)
Myomo's Research & Development was $1.53 million in Q3 2025, up 22.3% from $1.25 million a year earlier but down 23.7% from the prior quarter.
Powered by 
Analysis
Myomo (MYO) Research & Development (2016 - 2025) Analysis & Trends
On a trailing twelve-month basis, Myomo's Research & Development was $6.88 million through Sep 30, 2025, up 68.2% year-over-year; for FY2024, it was $4.77 million, up 81.0% from FY2023.
- Research & Development shows a five-year compound annual growth rate of 22.2% (FY2019 to FY2024).
- In earlier years, Research & Development was $2.64 million in FY2023 (+6.2%), $2.48 million in FY2022 (-2.9%), $2.56 million in FY2021 (+53.2%) and $1.67 million in FY2020 (-4.6%).
- Quarterly Research & Development has moved between $418,758 (Q4 2020) and $2 million (Q2 2025) over five years.
- Compared with a year earlier, Research & Development has increased for nine straight quarters, with growth averaging 76.8% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was Q1 2024 (growth of 100.5%); the worst was Q4 2022 (a decline of 36.6%).
- Per Business Quant data, MYO's Research & Development in the three quarters before Q3 2025 was $2 million (Q2 2025), $1.79 million (Q1 2025) and $1.56 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 278.90 Mn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 258.00 Mn |
| 10 | Myomo | 59.96 Mn | 538,721.40 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 1.53 Mn |
| Jun 30, 2025 | 2.00 Mn |
| Mar 31, 2025 | 1.79 Mn |
| Dec 31, 2024 | 1.56 Mn |
| Sep 30, 2024 | 1.25 Mn |
| Jun 30, 2024 | 1.01 Mn |
| Mar 31, 2024 | 956,215.00 |
| Dec 31, 2023 | 878,007.00 |
| Sep 30, 2023 | 717,256.00 |
| Jun 30, 2023 | 564,235.00 |
| Mar 31, 2023 | 476,991.00 |
| Dec 31, 2022 | 499,674.00 |
| Sep 30, 2022 | 690,407.00 |
| Jun 30, 2022 | 632,872.00 |
| Mar 31, 2022 | 659,536.00 |
| Dec 31, 2021 | 787,628.00 |
| Sep 30, 2021 | 641,228.00 |
| Jun 30, 2021 | 600,116.00 |
| Mar 31, 2021 | 525,967.00 |
| Dec 31, 2020 | 418,758.00 |
API Access
Myomo 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=MYO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "MYO", "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=MYO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();