Nano-X Imaging (NNOX) Research & Development (2019 - 2026)
Nano-X Imaging's (NNOX) quarterly Research & Development came in at $2.2 million in Q1 2026, up 130.46% on a YoY basis from $939000.0 in Q1 2025, and up 8.25% quarter-over-quarter from $2.0 million in Q4 2025.
Analysis
Nano-X Imaging (NNOX) Research & Development (2019 - 2026) Analysis & Trends
Nano-X Imaging (NNOX) has reported Research & Development for 8 consecutive years, with $2.2 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 130.46% year-over-year to $2.2 million; the trailing twelve-month figure through Mar 2026 stood at $6.9 million (up 94.14% YoY), and the FY2025 full-year result was $5.7 million, up 66.13% from the prior year.
- Research & Development advanced to $2.2 million in Q1 2026 per NNOX's latest filing, from $2.0 million in the prior quarter.
- Across five years, Research & Development topped out at $6.8 million in Q1 2022 and bottomed at $800000.0 in Q1 2024.
- Historically, Research & Development has averaged $2.1 million across 5 years, with a median of $1.2 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Research & Development soared 152.12% in 2022, then tumbled 87.14% in 2023.
- Over 5 years, Research & Development stood at $1.5 million in 2022, then sank by 30.79% to $1.0 million in 2023, then slipped by 14.02% to $889000.0 in 2024, then jumped by 124.86% to $2.0 million in 2025, then increased by 8.25% to $2.2 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $2.2 million, $2.0 million, and $1.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.54 Bn | 27.44 Bn | 2.18 Bn | 323.00 Mn |
| 2 | Lantheus Holdings | 6.56 Bn | 5.97 Bn | 241.86 Mn | 82.81 Mn |
| 3 | Heartflow | 4.04 Bn | 3.66 Bn | 53.19 Mn | 30.58 Mn |
| 4 | Neogen | 2.59 Bn | 2.41 Bn | 107.80 Mn | 41.10 Mn |
| 5 | Butterfly Network | 1.96 Bn | 1.84 Bn | 23.29 Mn | 11.47 Mn |
| 6 | Ceribell | 928.74 Mn | 799.48 Mn | 25.94 Mn | 24.42 Mn |
| 7 | QuidelOrtho | 866.04 Mn | 742.64 Mn | - | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn | 23.30 Mn |
| 9 | Prenetics Global | 339.99 Mn | 280.94 Mn | 30.20 Mn | -757,000.00 |
| 10 | Nano-X Imaging | 50.38 Mn | 6.16 Mn | -2.59 Mn | 2.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.16 Mn |
| Dec 31, 2025 | 2.00 Mn |
| Sep 30, 2025 | 1.49 Mn |
| Jun 30, 2025 | 1.24 Mn |
| Mar 31, 2025 | 939,000.00 |
| Dec 31, 2024 | 889,000.00 |
| Sep 30, 2024 | 887,000.00 |
| Jun 30, 2024 | 834,000.00 |
| Mar 31, 2024 | 800,000.00 |
| Dec 31, 2023 | 1.03 Mn |
| Sep 30, 2023 | 1.15 Mn |
| Jun 30, 2023 | 835,000.00 |
| Mar 31, 2023 | 1.15 Mn |
| Dec 31, 2022 | 1.49 Mn |
| Sep 30, 2022 | 6.09 Mn |
| Jun 30, 2022 | 6.49 Mn |
| Mar 31, 2022 | 6.83 Mn |
| Dec 31, 2021 | 6.36 Mn |
| Sep 30, 2021 | 3.71 Mn |
| Jun 30, 2021 | 4.34 Mn |