Nuwellis (NUWE) Research & Development (2011 - 2026)
Nuwellis' Research & Development was $942,000 in Q2 2026, up 39.6% from $675,000 a year earlier but down 45.5% from the prior quarter.
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Analysis
Nuwellis (NUWE) Research & Development (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nuwellis' Research & Development was $4.16 million through Jun 30, 2026, up 63.5% year-over-year; for FY2025, it was $2.71 million, down 15.5% from FY2024.
- Research & Development shows a five-year compound annual growth rate of -5.9% (FY2020 to FY2025).
- In earlier years, Research & Development was $3.21 million in FY2024 (-40.8%), $5.42 million in FY2023 (+24.9%), $4.34 million in FY2022 (-12.8%) and $4.98 million in FY2021 (+35.7%).
- Quarterly Research & Development has moved between $486,000 (Q3 2024) and $1.73 million (Q1 2026) over five years.
- Compared with a year earlier, Research & Development has increased for five straight quarters, with growth averaging 18.8% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was Q1 2026 (growth of 214.2%); the worst was Q2 2024 (a decline of 62.9%).
- Per Business Quant data, NUWE's Research & Development in the three quarters before Q2 2026 was $1.73 million (Q1 2026), $884,000 (Q4 2025) and $603,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 278.90 Mn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 258.00 Mn |
| 10 | Nuwellis | 135,932.25 | -10.05 Mn | 1.50 Mn | 942,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 942,000.00 |
| Mar 31, 2026 | 1.73 Mn |
| Dec 31, 2025 | 884,000.00 |
| Sep 30, 2025 | 603,000.00 |
| Jun 30, 2025 | 675,000.00 |
| Mar 31, 2025 | 550,000.00 |
| Dec 31, 2024 | 831,000.00 |
| Sep 30, 2024 | 486,000.00 |
| Jun 30, 2024 | 558,000.00 |
| Mar 31, 2024 | 1.33 Mn |
| Dec 31, 2023 | 1.37 Mn |
| Sep 30, 2023 | 1.12 Mn |
| Jun 30, 2023 | 1.51 Mn |
| Mar 31, 2023 | 1.43 Mn |
| Dec 31, 2022 | 1.20 Mn |
| Sep 30, 2022 | 928,000.00 |
| Jun 30, 2022 | 1.11 Mn |
| Mar 31, 2022 | 1.11 Mn |
| Dec 31, 2021 | 1.13 Mn |
| Sep 30, 2021 | 1.73 Mn |
API Access
Nuwellis 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=NUWE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "NUWE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=NUWE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();