Nortech Systems (NSYS) Research & Development (2021 - 2026)
Nortech Systems recorded quarterly Research & Development of $310000.0 in Q1 2026, up 11.51% quarter-over-quarter from $278000.0 in Q4 2025, and down 4.91% year-over-year from $326000.0 in Q1 2025.
Nortech Systems' Research & Development history runs 6 years deep, the most recent figure standing at $310000.0 for Q1 2026.
- In Q1 2026, Research & Development fell 4.91% year-over-year to $310000.0; the TTM figure through Mar 2026 stood at $1.2 million (down 3.59% YoY), while the FY2025 annual figure was $1.2 million, down 1.6% from the prior year.
- Research & Development came in at $310000.0 for Q1 2026 at Nortech Systems, up from $278000.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $475000.0 in Q3 2022 to a low of $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.
- Across the five-year window, Research & Development jumped 236.88% in 2022 and tumbled 33.89% in 2023, its largest moves.
- Nortech Systems' Research & Development stood at $309000.0 in 2022, then decreased by 5.5% to $292000.0 in 2023, then rose by 2.05% to $298000.0 in 2024, then retreated by 6.71% to $278000.0 in 2025, then climbed 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 722.00 Mn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -461.27 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 145.30 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 28.80 Mn |
| 10 | Nortech Systems | 48.92 Mn | 46.72 Mn | 4.70 Mn | 310,000.00 |
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 |