ENDRA Life Sciences (NDRA) Research & Development (2016 - 2026)
ENDRA Life Sciences' Research & Development came in at $233,665 for Q2 2026, down 38.7% from $381,061 a year earlier and down 69.9% from the prior quarter.
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Analysis
ENDRA Life Sciences (NDRA) Research & Development (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, ENDRA Life Sciences reported Research & Development of $1.95 million, down 16.7% year-over-year; for FY2025, it came in at $1.85 million, down 42.0% from FY2024.
- Research & Development has declined in each of the last three years, with a five-year compound annual growth rate of -20.7% (FY2020 to FY2025).
- Going back by year, Research & Development was $3.19 million in FY2024 (-36.2%), $5 million in FY2023 (-23.7%), $6.55 million in FY2022 (+19.5%) and $5.48 million in FY2021 (-7.4%).
- The Q2 2026 figure represents the lowest quarterly Research & Development since Q2 2017.
- Year-over-year, Research & Development increased in two of the last eight quarters, with an average decline of 24.4%.
- The fastest year-over-year change in Research & Development over five years came in Q3 2022 (growth of 56.0%), and the weakest in Q4 2023 (a decline of 65.2%).
- Business Quant data shows NDRA's Research & Development at $776,410 (Q1 2026), $508,137 (Q4 2025) and $432,113 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 258.26 Bn | 237.29 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 172.13 Bn | 142.56 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 163.58 Bn | 147.39 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 151.88 Bn | 131.31 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 119.19 Bn | 84.44 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 113.63 Bn | 99.75 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 65.06 Bn | 59.83 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Becton Dickinson | 53.41 Bn | 50.56 Bn | 2.32 Bn | 258.00 Mn |
| 9 | Edwards Lifesciences | 50.75 Bn | 34.76 Bn | 1.35 Bn | 278.90 Mn |
| 10 | ENDRA Life Sciences | 6.09 Mn | 2.44 Mn | - | 233,665.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 233,665.00 |
| Mar 31, 2026 | 776,410.00 |
| Dec 31, 2025 | 508,137.00 |
| Sep 30, 2025 | 432,113.00 |
| Jun 30, 2025 | 381,061.00 |
| Mar 31, 2025 | 528,685.00 |
| Dec 31, 2024 | 637,957.00 |
| Sep 30, 2024 | 794,444.00 |
| Jun 30, 2024 | 716,366.00 |
| Mar 31, 2024 | 1.04 Mn |
| Dec 31, 2023 | 579,350.00 |
| Sep 30, 2023 | 1.63 Mn |
| Jun 30, 2023 | 1.40 Mn |
| Mar 31, 2023 | 1.39 Mn |
| Dec 31, 2022 | 1.66 Mn |
| Sep 30, 2022 | 1.83 Mn |
| Jun 30, 2022 | 1.85 Mn |
| Mar 31, 2022 | 1.21 Mn |
| Dec 31, 2021 | 1.42 Mn |
| Sep 30, 2021 | 1.17 Mn |
API Access
ENDRA Life Sciences 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=NDRA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "NDRA", "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=NDRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();