Growth Metrics

PAVmed (PAVM) Research & Development (2015 - 2025)

PAVmed's quarterly Research & Development came in at $1.8 million in Q4 2025, up 126.52% year-on-year from $807000.0 in Q4 2024, and up 68.01% quarter-over-quarter from $1.1 million in Q3 2025.

PAVmed has reported Research & Development for 11 years, with the latest figure at $1.8 million in Q4 2025.

  • For the quarter ending Q4 2025, Research & Development rose 126.52% year-over-year to $1.8 million; the trailing twelve-month figure through Dec 2025 stood at $4.5 million (down 43.72% YoY), and the FY2025 full-year result was $4.5 million, down 24.28% from the prior year.
  • Research & Development for Q4 2025 stood at $1.8 million, up from $1.1 million in the prior quarter.
  • The five-year high for Research & Development was $7.0 million in Q4 2021, with the low at $787000.0 in Q1 2025.
  • Average Research & Development over 5 years is $3.6 million, with a median of $3.5 million recorded in 2023.
  • Year-over-year, Research & Development sank 77.55% in 2024 and surged 126.52% in 2025.
  • Tracing PAVM's Research & Development over 5 years: stood at $7.0 million in 2021, then slipped by 4.23% to $6.7 million in 2022, then sank by 46.13% to $3.6 million in 2023, then plunged by 77.55% to $807000.0 in 2024, then surged by 126.52% to $1.8 million in 2025.
  • The last three Research & Development figures came in at $1.8 million (Q4 2025), $1.1 million (Q3 2025), and $790000.0 (Q2 2025), per Business Quant data.

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 PAVmed 4.15 Mn -9.02 Mn -703,000.00 1.83 Mn

Historic Data

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DateValue
Dec 31, 2025 1.83 Mn
Sep 30, 2025 1.09 Mn
Jun 30, 2025 790,000.00
Mar 31, 2025 787,000.00
Dec 31, 2024 807,000.00
Jun 30, 2024 1.64 Mn
Mar 31, 2024 1.94 Mn
Dec 31, 2023 3.60 Mn
Sep 30, 2023 3.16 Mn
Jun 30, 2023 3.47 Mn
Mar 31, 2023 4.05 Mn
Dec 31, 2022 6.67 Mn
Sep 30, 2022 6.20 Mn
Jun 30, 2022 6.74 Mn
Mar 31, 2022 5.93 Mn
Dec 31, 2021 6.97 Mn
Sep 30, 2021 5.31 Mn
Jun 30, 2021 4.26 Mn
Mar 31, 2021 3.32 Mn
Dec 31, 2020 3.64 Mn
Sep 30, 2020 2.62 Mn
Jun 30, 2020 2.13 Mn
Mar 31, 2020 2.63 Mn
Dec 31, 2019 2.25 Mn
Sep 30, 2019 1.52 Mn
Jun 30, 2019 1.41 Mn
Mar 31, 2019 1.45 Mn
Dec 31, 2018 1.37 Mn
Sep 30, 2018 1.17 Mn
Jun 30, 2018 1.15 Mn
Mar 31, 2018 563,218.00
Dec 31, 2017 558,207.00
Sep 30, 2017 704,866.00
Jun 30, 2017 701,740.00
Mar 31, 2017 656,713.00
Dec 31, 2016 606,971.00
Sep 30, 2016 578,474.00
Jun 30, 2016 355,001.00
Mar 31, 2016 179,141.00
Dec 31, 2015 141,345.00
Sep 30, 2015 264,532.00
Jun 30, 2015 67,450.00
Mar 31, 2015 16,000.00