Profound Medical (PROF) Research & Development (2024 - 2026)
Profound Medical (PROF) posted Research & Development of $5.7 million for Q2 2026, up 7.45% on a QoQ basis from $5.3 million in Q1 2026, and down 7.28% year-over-year from $6.1 million in Q2 2025.
Analysis
Profound Medical (PROF) Research & Development (2024 - 2026) Analysis & Trends
Profound Medical has reported Research & Development for 3 years, with the latest figure at $5.7 million in Q2 2026.
- On a quarterly basis, Research & Development fell 7.28% year-over-year to $5.7 million in Q2 2026; TTM through Jun 2026 was $20.6 million, a 4.49% increase from a year earlier, with the FY2025 full-year figure at $20.6 million, up 21.4% from the prior year.
- Research & Development was $5.7 million for Q2 2026 at Profound Medical, up from $5.3 million in the prior quarter.
- The five-year high for Research & Development was $6.1 million in Q2 2025, with the low at $3.9 million in Q1 2024.
- Average Research & Development over 3 years is $4.8 million, with a median of $4.7 million recorded in 2024.
- The largest YoY upside for Research & Development was 45.02% in 2025 against a maximum downside of 8.11% in 2025.
- Over 3 years, Research & Development stood at $4.6 million in 2024, then dropped by 8.11% to $4.3 million in 2025, then surged by 32.35% to $5.7 million in 2026.
- The last three Research & Development figures came in at $5.7 million (Q2 2026), $5.3 million (Q1 2026), and $4.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 370.60 Mn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 771.00 Mn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 434.00 Mn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 554.00 Mn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 278.90 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -663.00 Mn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 153.00 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Profound Medical | 246.82 Mn | 208.55 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 |