Profound Medical (PROF) Research & Development (2024 - 2026)
Profound Medical (PROF) reported Research & Development of $5.65 million for Q2 2026, down 7.3% from $6.1 million a year earlier but up 7.4% from the prior quarter.
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Analysis
Profound Medical (PROF) Research & Development (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Profound Medical's Research & Development came in at $20.61 million, up 4.5% year-over-year; for FY2025, it came in at $20.6 million, up 21.4% from FY2024.
- Research & Development has a five-year compound annual growth rate of 15.8% (FY2020 to FY2025).
- By year, Research & Development came in at $16.97 million in FY2024 (+17.6%), $14.42 million in FY2023 (-1.8%), $14.69 million in FY2022 (-3.8%) and $15.28 million in FY2021 (+54.1%).
- Five-year quarterly Research & Development spans a low of $3.95 million in Q1 2024 and a high of $6.1 million in Q2 2025.
- Year over year, Research & Development gained in four of the last six quarters, with growth averaging 15.2%.
- Per Business Quant data, the three quarters before Q2 2026 came in at $5.26 million (Q1 2026), $4.27 million (Q4 2025) and $5.42 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.99 Bn | 237.02 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 175.01 Bn | 145.44 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 164.93 Bn | 148.74 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 151.84 Bn | 131.26 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 119.05 Bn | 84.30 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 113.89 Bn | 100.00 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 65.37 Bn | 60.13 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Becton Dickinson | 53.36 Bn | 50.51 Bn | 2.32 Bn | 258.00 Mn |
| 9 | Edwards Lifesciences | 50.83 Bn | 34.83 Bn | 1.35 Bn | 278.90 Mn |
| 10 | Profound Medical | 206.65 Mn | 33.54 Mn | 1.95 Mn | 5.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.65 Mn |
| 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 |
API Access
Profound Medical 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=PROF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "PROF", "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=PROF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();