Pulse Biosciences (PLSE) Research & Development (2015 - 2025)

Pulse Biosciences' Research & Development history runs 11 years deep, the most recent figure standing at $11.4 million for Q3 2025.

• In Q3 2025, Research & Development rose 47.9% year-over-year to $11.4 million; the TTM figure through Sep 2025 stood at $44.5 million (up 50.84% YoY), while the FY2024 annual figure was $32.3 million, up 16.33% from the prior year.
• Research & Development was $11.4 million for Q3 2025 at Pulse Biosciences, down from $12.1 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $12.1 million in Q2 2025 to a low of $300000.0 in Q1 2021.
• Historically, Research & Development has averaged $7.1 million across 5 years, with a median of $6.8 million in 2022.
• The sharpest annual moves came in 2021 and 2022: Research & Development slumped 95.15% in 2021, then jumped 2156.33% in 2022.
• A 5-year view of Research & Development shows it stood at $5.7 million in 2021, then dropped by 27.62% to $4.1 million in 2022, then surged by 90.45% to $7.8 million in 2023, then surged by 36.71% to $10.7 million in 2024, then climbed by 6.86% to $11.4 million in 2025.
• The last three Research & Development figures came in at $11.4 million (Q3 2025), $12.1 million (Q2 2025), and $10.3 million (Q1 2025), per Business Quant data.