Nano-X Imaging (NNOX) Research & Development (2019 - 2025)
Nano-X Imaging posted quarterly Research & Development of $4.8 million for Q4 2025, down 10.42% year-on-year from $5.4 million in Q4 2024, and up 5.49% on a QoQ basis from $4.6 million in Q3 2025.
Nano-X Imaging (NNOX) has 7 years of Research & Development data on file, last reported at $4.8 million in Q4 2025.
- For the quarter ending Q4 2025, Research & Development fell 10.42% year-over-year to $4.8 million; the trailing twelve-month figure through Dec 2025 stood at $19.2 million (down 4.69% YoY), and the FY2025 full-year result was $19.2 million, down 4.69% from the prior year.
- Research & Development for Q4 2025 stood at $4.8 million, up from $4.6 million in the prior quarter.
- Across five years, Research & Development topped out at $7.1 million in Q4 2022 and bottomed at $2.7 million in Q1 2021.
- The 5-year median for Research & Development is $5.3 million (2024), against an average of $5.5 million.
- The widest annual swing landed in 2022, when Research & Development surged 152.12%; it then sank 30.39% in 2024.
- A 5-year view of Research & Development shows it stood at $6.4 million in 2021, then rose by 11.52% to $7.1 million in 2022, then retreated by 3.99% to $6.8 million in 2023, then decreased by 20.71% to $5.4 million in 2024, then retreated by 10.42% to $4.8 million in 2025.
- The last three Research & Development figures came in at $4.8 million (Q4 2025), $4.6 million (Q3 2025), and $4.8 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 | Nano-X Imaging | 126,664.45 | -59.48 Mn | -3.62 Mn | 4.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 4.84 Mn |
| Sep 30, 2025 | 4.59 Mn |
| Jun 30, 2025 | 4.83 Mn |
| Mar 31, 2025 | 4.98 Mn |
| Dec 31, 2024 | 5.40 Mn |
| Sep 30, 2024 | 4.75 Mn |
| Jun 30, 2024 | 4.81 Mn |
| Mar 31, 2024 | 5.22 Mn |
| Dec 31, 2023 | 6.81 Mn |
| Sep 30, 2023 | 6.04 Mn |
| Jun 30, 2023 | 6.91 Mn |
| Mar 31, 2023 | 6.29 Mn |
| Dec 31, 2022 | 7.10 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 |
| Mar 31, 2021 | 2.71 Mn |
| Dec 31, 2020 | 2.95 Mn |
| Sep 30, 2020 | 2.11 Mn |
| Dec 31, 2019 | 2.01 Mn |