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
DateValue
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