Profound Medical (PROF) Research & Development (2024 - 2026)
Profound Medical (PROF) posted quarterly Research & Development of $5.3 million for Q1 2026, up 9.44% year-over-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.
- 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 for Q1 2026 stood at $5.3 million, up from $4.3 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.
- The 3-year median for Research & Development is $4.6 million (2024), against an average of $4.8 million.
- Peak annual rise in Research & Development reached 45.02% in 2025, while the deepest fall reached 8.11% in 2025.
- Profound Medical's Research & Development stood at $4.6 million in 2024, then decreased by 8.11% to $4.3 million in 2025, then grew by 23.17% to $5.3 million in 2026.
- Business Quant data shows PROF's Research & Development at $5.3 million in Q1 2026, $4.3 million in Q4 2025, and $5.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.70 Bn | 194.09 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Stryker | 127.31 Bn | 123.83 Bn | 4.50 Bn | 434.00 Mn |
| 3 | Medtronic | 118.93 Bn | 109.71 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 73.35 Bn | 72.82 Bn | 3.85 Bn | 554.00 Mn |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.86 Bn | 1.35 Bn | 278.90 Mn |
| 6 | Dexcom | 34.35 Bn | 32.40 Bn | 830.00 Mn | 153.00 Mn |
| 7 | GE HealthCare Technologies | 33.76 Bn | 31.65 Bn | 2.18 Bn | 323.00 Mn |
| 8 | Koninklijke Philips | 26.35 Bn | 23.03 Bn | 4.55 Bn | -562.58 Mn |
| 9 | Steris | 23.05 Bn | 22.56 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Profound Medical | 245.37 Mn | 207.10 Mn | 1.95 Mn | 5.65 Mn |
Historic Data
Download 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 |