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
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