Profound Medical (PROF) Research & Development (2024 - 2026)
Profound Medical (PROF) recorded quarterly Research & Development of $5.3 million in Q1 2026, up 23.17% quarter-over-quarter from $4.3 million in Q4 2025, and up 9.44% on a YoY basis from $4.8 million in Q1 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.
- In Q1 2026, Research & Development rose 9.44% year-over-year to $5.3 million; the TTM figure through Mar 2026 stood at $21.0 million (up 18.07% YoY), while the FY2025 annual figure was $20.6 million, up 21.4% from the prior year.
- Research & Development was $5.3 million for Q1 2026 at Profound Medical, up from $4.3 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $6.1 million in Q2 2025 to a low of $3.9 million in Q1 2024.
- Historically, Research & Development has averaged $4.8 million across 3 years, with a median of $4.6 million in 2024.
- Biggest YoY gain for Research & Development was 45.02% in 2025; the steepest drop was 8.11% in 2025.
- A 3-year view of Research & Development shows it 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.
- The last three Research & Development figures came in at $5.3 million (Q1 2026), $4.3 million (Q4 2025), and $5.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 722.00 Mn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -461.27 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 145.30 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 28.80 Mn |
| 10 | Profound Medical | 246.10 Mn | 195.80 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 |