Nano-X Imaging (NNOX) Research & Development (2019 - 2025)

Nano-X Imaging (NNOX) reported Research & Development of $4.8 million for Q4 2025, down 10.42% on a YoY basis from $5.4 million in Q4 2024, and up 5.49% quarter-over-quarter from $4.6 million in Q3 2025.

Nano-X Imaging (NNOX) Research & Development (2019 - 2025) Analysis & Trends

Nano-X Imaging has reported Research & Development for 7 years, with the latest figure 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.
  • The five-year high for Research & Development was $7.1 million in Q4 2022, with the low at $2.7 million in Q1 2021.
  • Historically, Research & Development has averaged $5.5 million across 5 years, with a median of $5.3 million in 2024.
  • Annual changes were most pronounced in 2022 — Research & Development surged 152.12% — and 2024, when it tumbled 30.39%.
  • Nano-X Imaging's Research & Development stood at $6.4 million in 2021, then increased by 11.52% to $7.1 million in 2022, then fell by 3.99% to $6.8 million in 2023, then retreated by 20.71% to $5.4 million in 2024, then fell 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 154.42 Bn 147.76 Bn 6.27 Bn 767.00 Mn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 413.00 Mn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 722.00 Mn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 263.30 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -461.27 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 145.30 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 345.00 Mn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 28.80 Mn
10 Nano-X Imaging 3.62 Mn -55.99 Mn -3.62 Mn 4.84 Mn

Historic Data

Download Data
DateValue
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