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| Date | Value |
|---|---|
| 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 |