Nortech Systems (NSYS) Research & Development (2021 - 2026)
Nortech Systems (NSYS) posted Research & Development of $310000.0 for Q1 2026, up 11.51% sequentially from $278000.0 in Q4 2025, and down 4.91% YoY from $326000.0 in Q1 2025.
Nortech Systems (NSYS) Research & Development (2021 - 2026) Analysis & Trends
Nortech Systems has reported Research & Development for 6 years, with the latest figure at $310000.0 in Q1 2026.
- Quarterly Research & Development fell 4.91% year-over-year to $310000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.2 million (down 3.59% YoY) and the FY2025 annual result came in at $1.2 million, down 1.6% from the prior year.
- Research & Development advanced to $310000.0 in Q1 2026 per NSYS's latest filing, from $278000.0 in the prior quarter.
- Over five years, Research & Development peaked at $475000.0 in Q3 2022 and troughed at $266000.0 in Q3 2025.
- A 5-year average of $313823.5 and a median of $309000.0 in 2022 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2023: Research & Development surged 236.88% in 2022, then plunged 33.89% in 2023.
- Over 5 years, Research & Development stood at $309000.0 in 2022, then slipped by 5.5% to $292000.0 in 2023, then gained by 2.05% to $298000.0 in 2024, then decreased by 6.71% to $278000.0 in 2025, then grew by 11.51% to $310000.0 in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $310000.0, $278000.0, and $266000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.12 Bn | 193.52 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Stryker | 128.79 Bn | 125.32 Bn | 4.50 Bn | 434.00 Mn |
| 3 | Medtronic | 119.30 Bn | 110.08 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 73.50 Bn | 72.96 Bn | 3.85 Bn | 554.00 Mn |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.86 Bn | 1.35 Bn | 278.90 Mn |
| 6 | Dexcom | 34.62 Bn | 32.67 Bn | 830.00 Mn | 153.00 Mn |
| 7 | GE HealthCare Technologies | 34.05 Bn | 31.94 Bn | 2.18 Bn | 323.00 Mn |
| 8 | Koninklijke Philips | 26.42 Bn | 23.10 Bn | 4.55 Bn | -562.58 Mn |
| 9 | Steris | 23.15 Bn | 22.67 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Nortech Systems | 33.75 Mn | 32.08 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 310,000.00 |
| Dec 31, 2025 | 278,000.00 |
| Sep 30, 2025 | 266,000.00 |
| Jun 30, 2025 | 302,000.00 |
| Mar 31, 2025 | 326,000.00 |
| Dec 31, 2024 | 298,000.00 |
| Sep 30, 2024 | 284,000.00 |
| Jun 30, 2024 | 291,000.00 |
| Mar 31, 2024 | 318,000.00 |
| Dec 31, 2023 | 292,000.00 |
| Sep 30, 2023 | 314,000.00 |
| Jun 30, 2023 | 317,000.00 |
| Mar 31, 2023 | 276,000.00 |
| Dec 31, 2022 | 309,000.00 |
| Sep 30, 2022 | 475,000.00 |
| Jun 30, 2022 | 351,000.00 |
| Mar 31, 2022 | 328,000.00 |
| Dec 31, 2021 | 135,000.00 |
| Sep 30, 2021 | 141,000.00 |
| Jun 30, 2021 | 207,000.00 |