Profound Medical (PROF) Research & Development (2024 - 2026)
Profound Medical's (PROF) quarterly Research & Development came in at $5.3 million in Q1 2026, up 9.44% year-on-year from $4.8 million in Q1 2025, and up 23.17% quarter-over-quarter from $4.3 million in Q4 2025.
Profound Medical (PROF) Research & Development (2024 - 2026) Analysis & Trends
Profound Medical's Research & Development history runs 3 years deep, the most recent figure standing at $5.3 million for Q1 2026.
- On a quarterly basis, Research & Development rose 9.44% year-over-year to $5.3 million in Q1 2026; TTM through Mar 2026 was $21.0 million, a 18.07% increase from a year earlier, with the FY2025 full-year figure at $20.6 million, up 21.4% from the prior year.
- Research & Development rose to $5.3 million in Q1 2026 per PROF's latest filing, from $4.3 million in the prior quarter.
- Across five years, Research & Development topped out at $6.1 million in Q2 2025 and bottomed at $3.9 million in Q1 2024.
- The 3-year median for Research & Development is $4.6 million (2024), against an average of $4.8 million.
- Biggest YoY gain for Research & Development was 45.02% in 2025; the steepest drop was 8.11% in 2025.
- Year by year, Research & Development stood at $4.6 million in 2024, then slipped by 8.11% to $4.3 million in 2025, then increased by 23.17% to $5.3 million in 2026.
- Per Business Quant, the three latest PROF Research & Development figures stand at $5.3 million (Q1 2026), $4.3 million (Q4 2025), and $5.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 145.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -461.27 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Profound Medical | 248.64 Mn | 198.34 Mn | 3.83 Mn | 5.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.26 Mn |
| Dec 31, 2025 | 4.27 Mn |
| Sep 30, 2025 | 5.42 Mn |
| Jun 30, 2025 | 6.10 Mn |
| Mar 31, 2025 | 4.81 Mn |
| Dec 31, 2024 | 4.65 Mn |
| Sep 30, 2024 | 4.17 Mn |
| Jun 30, 2024 | 4.21 Mn |
| Mar 31, 2024 | 3.95 Mn |