InspireMD (NSPR) Research & Development (2010 - 2025)

InspireMD (NSPR) reported Research & Development of $3.5 million for Q4 2025, down 5.9% on a YoY basis from $3.7 million in Q4 2024, and down 4.4% quarter-over-quarter from $3.6 million in Q3 2025.

InspireMD (NSPR) Research & Development (2010 - 2025) Analysis & Trends

InspireMD has reported Research & Development for 16 years, with the latest figure at $3.5 million in Q4 2025.

  • For the quarter ending Q4 2025, Research & Development fell 5.9% year-over-year to $3.5 million; the trailing twelve-month figure through Dec 2025 stood at $15.0 million (up 10.04% YoY), and the FY2025 full-year result was $15.0 million, up 10.04% from the prior year.
  • Research & Development for Q4 2025 stood at $3.5 million, down from $3.6 million in the prior quarter.
  • The five-year high for Research & Development was $4.1 million in Q1 2025, with the low at $839000.0 in Q1 2021.
  • Historically, Research & Development has averaged $2.5 million across 5 years, with a median of $2.1 million in 2022.
  • Annual changes were most pronounced in 2021 — Research & Development surged 190.54% — and 2025, when it slipped 7.15%.
  • InspireMD's Research & Development stood at $1.5 million in 2021, then soared by 31.23% to $2.0 million in 2022, then advanced by 1.09% to $2.0 million in 2023, then surged by 81.47% to $3.7 million in 2024, then decreased by 5.9% to $3.5 million in 2025.
  • The last three Research & Development figures came in at $3.5 million (Q4 2025), $3.6 million (Q3 2025), and $3.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 157.80 Bn 151.14 Bn 6.27 Bn 767.00 Mn
2 Stryker 115.54 Bn 112.66 Bn 3.81 Bn 413.00 Mn
3 Medtronic 103.44 Bn 95.27 Bn 5.76 Bn 722.00 Mn
4 Boston Scientific 72.38 Bn 71.17 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 49.76 Bn 46.09 Bn 1.29 Bn 263.30 Mn
6 Dexcom 29.53 Bn 28.42 Bn 750.30 Mn 145.30 Mn
7 GE HealthCare Technologies 29.51 Bn 27.44 Bn 1.98 Bn 345.00 Mn
8 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -461.27 Mn
9 Steris 20.69 Bn 20.27 Bn 697.10 Mn 28.80 Mn
10 InspireMD 52.21 Mn -2.00 Mn 1.18 Mn 3.48 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 3.48 Mn
Sep 30, 2025 3.64 Mn
Jun 30, 2025 3.83 Mn
Mar 31, 2025 4.06 Mn
Dec 31, 2024 3.69 Mn
Sep 30, 2024 3.92 Mn
Jun 30, 2024 3.40 Mn
Mar 31, 2024 2.63 Mn
Dec 31, 2023 2.04 Mn
Sep 30, 2023 2.11 Mn
Jun 30, 2023 1.99 Mn
Mar 31, 2023 1.84 Mn
Dec 31, 2022 2.01 Mn
Sep 30, 2022 2.06 Mn
Jun 30, 2022 2.06 Mn
Mar 31, 2022 1.68 Mn
Dec 31, 2021 1.53 Mn
Sep 30, 2021 1.50 Mn
Jun 30, 2021 1.29 Mn
Mar 31, 2021 839,000.00