InspireMD NSPR
NASDAQ NSPR
$0.64 -0.13 (-16.88%)
At close: Nov 13, 2026 · 4:00 PM EST

InspireMD (NSPR) Research & Development (2010 - 2026)

Updated

InspireMD (NSPR) posted Research & Development of $3.27 million for Q3 2026, down 10.0% from $3.64 million a year earlier and down 23.8% from the prior quarter.

Analysis

InspireMD (NSPR) Research & Development (2010 - 2026) Analysis & Trends

For the trailing twelve months through Sep 30, 2026, Research & Development at InspireMD was $15.81 million, up 3.8% year-over-year; for FY2025, it was $15 million, up 10.0% from FY2024.

  • Annual Research & Development has increased for five consecutive years, with a five-year compound annual growth rate of 46.4% (FY2020 to FY2025).
  • In prior years, InspireMD's Research & Development was $13.63 million in FY2024 (+70.8%), $7.98 million in FY2023 (+2.2%), $7.81 million in FY2022 (+51.4%) and $5.16 million in FY2021 (+131.0%).
  • The Q3 2026 figure stands as the lowest quarterly Research & Development since Q1 2024.
  • On a year-over-year basis, Research & Development increased in five of the last eight quarters, with growth averaging 19.4%.
  • The strongest year-over-year quarter for Research & Development in the past five years was Q4 2021, with growth of 113.1%; the weakest was Q3 2026, with a decline of 10.0%.
  • According to Business Quant data, Research & Development for the three prior quarters was $4.3 million (Q2 2026), $4.76 million (Q1 2026) and $3.48 million (Q4 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Thermo Fisher Scientific 259.44 Bn 236.08 Bn 5.13 Bn 348.00 Mn
2 Abbott Laboratories 187.98 Bn 162.45 Bn 7.39 Bn 920.00 Mn
3 Danaher 163.91 Bn 143.58 Bn 3.84 Bn 433.00 Mn
4 Intuitive Surgical 153.75 Bn 134.17 Bn 2.08 Bn 408.30 Mn
5 Medtronic 131.67 Bn 97.80 Bn 6.34 Bn 771.00 Mn
6 Stryker 117.84 Bn 104.03 Bn 4.25 Bn 433.00 Mn
7 Boston Scientific 64.27 Bn 59.95 Bn 3.43 Bn 520.00 Mn
8 Edwards Lifesciences 61.69 Bn 45.00 Bn 1.35 Bn 281.40 Mn
9 Medline 51.94 Bn 49.07 Bn 1.93 Bn -
10 InspireMD 54.18 Mn 54.18 Mn 240,000.00 3.27 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 3.27 Mn
Jun 30, 2026 4.30 Mn
Mar 31, 2026 4.76 Mn
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
API Access

InspireMD Research & Development API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=research-and-development&ticker=NSPR&period=max&api_key=YOUR_API_KEY