InspireMD (NSPR) Research & Development (2010 - 2025)
InspireMD (NSPR) posted quarterly Research & Development of $5.0 million for Q4 2025, down 46.99% year-over-year from $9.5 million in Q4 2024, and up 38.24% quarter-over-quarter from $3.6 million in Q3 2025.
InspireMD (NSPR) Research & Development (2010 - 2025) Analysis & Trends
InspireMD's Research & Development history runs 16 years deep, the most recent figure standing at $5.0 million for Q4 2025.
- In Q4 2025, Research & Development fell 46.99% year-over-year to $5.0 million; the TTM figure through Dec 2025 stood at $15.2 million (up 1.48% YoY), while the FY2025 annual figure was $16.6 million, up 21.41% from the prior year.
- Research & Development for Q4 2025 stood at $5.0 million, up from $3.6 million in the prior quarter.
- The five-year high for Research & Development was $9.5 million in Q4 2024, with the low at -$2.1 million in Q4 2023.
- The 5-year median for Research & Development is $1.4 million (2021), against an average of $2.0 million.
- The sharpest annual moves came in 2023 and 2024: Research & Development plunged 203.38% in 2023, then surged 555.55% in 2024.
- InspireMD's Research & Development stood at $1.5 million in 2021, then soared by 31.23% to $2.0 million in 2022, then slumped by 203.38% to -$2.1 million in 2023, then soared by 555.55% to $9.5 million in 2024, then plunged by 46.99% to $5.0 million in 2025.
- Business Quant data shows NSPR's Research & Development at $5.0 million in Q4 2025, $3.6 million in Q3 2025, and $3.8 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.08 Bn | 194.48 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Stryker | 129.71 Bn | 126.23 Bn | 4.50 Bn | 434.00 Mn |
| 3 | Medtronic | 120.07 Bn | 110.85 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 74.08 Bn | 73.54 Bn | 3.85 Bn | 554.00 Mn |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 278.90 Mn |
| 6 | Dexcom | 34.51 Bn | 32.56 Bn | 830.00 Mn | 153.00 Mn |
| 7 | GE HealthCare Technologies | 34.03 Bn | 31.92 Bn | 2.18 Bn | 323.00 Mn |
| 8 | Koninklijke Philips | 26.51 Bn | 23.19 Bn | 4.55 Bn | -562.58 Mn |
| 9 | Steris | 23.20 Bn | 22.72 Bn | 684.20 Mn | 28.60 Mn |
| 10 | InspireMD | 57.97 Mn | 3.76 Mn | 1.18 Mn | 5.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.03 Mn |
| Sep 30, 2025 | 3.64 Mn |
| Jun 30, 2025 | 3.83 Mn |
| Mar 31, 2025 | 2.75 Mn |
| Dec 31, 2024 | 9.48 Mn |
| Sep 30, 2024 | 1.47 Mn |
| Jun 30, 2024 | 1.45 Mn |
| Mar 31, 2024 | 2.63 Mn |
| Dec 31, 2023 | -2.08 Mn |
| Sep 30, 2023 | 876,000.00 |
| Jun 30, 2023 | 892,000.00 |
| Mar 31, 2023 | 788,000.00 |
| Dec 31, 2022 | 2.01 Mn |
| Sep 30, 2022 | 845,000.00 |
| Jun 30, 2022 | 986,000.00 |
| Mar 31, 2022 | 746,000.00 |
| Dec 31, 2021 | 1.53 Mn |
| Sep 30, 2021 | 802,000.00 |
| Jun 30, 2021 | 1.29 Mn |
| Mar 31, 2021 | 839,000.00 |