Nano-X Imaging (NNOX) Research & Development (2019 - 2026)
Nano-X Imaging (NNOX) posted quarterly Research & Development of $2.2 million for Q1 2026, up 130.46% year-on-year from $939000.0 in Q1 2025, and up 8.25% on a QoQ basis from $2.0 million in Q4 2025.
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.
- Quarterly Research & Development rose 130.46% year-over-year to $2.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.9 million (up 94.14% YoY) and the FY2025 annual result came in at $19.2 million, down 4.69% 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.
- Over the last five years, Research & Development for NNOX reached as high as $2.2 million in Q1 2026 and fell as low as $698000.0 in Q3 2022.
- A 5-year average of $1.2 million and a median of $1.1 million in 2022 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development sank 59.17% — and 2026, when it soared 130.46%.
- Year by year, Research & Development stood at $1.5 million in 2022, then plunged by 30.79% to $1.0 million in 2023, then dropped by 14.02% to $889000.0 in 2024, then surged by 124.86% to $2.0 million in 2025, then rose 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 145.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -461.27 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Nano-X Imaging | 67.53 Mn | 23.68 Mn | -2.59 Mn | 2.16 Mn |
Historic Data
Download 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 | 698,000.00 |
| Jun 30, 2022 | 1.08 Mn |
| Mar 31, 2022 | 1.11 Mn |
| Dec 31, 2021 | 1.94 Mn |
| Sep 30, 2021 | 1.53 Mn |
| Jun 30, 2021 | 1.82 Mn |