Personalis (PSNL) Research & Development (2018 - 2026)
Personalis (PSNL) reported Research & Development of $16.34 million for Q2 2026, up 31.9% from $12.38 million a year earlier and up 12.4% from the prior quarter.
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Analysis
Personalis (PSNL) Research & Development (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Personalis' Research & Development came in at $56.12 million, up 16.4% year-over-year; for FY2025, it came in at $50.26 million, up 2.8% from FY2024.
- Research & Development has a five-year compound annual growth rate of 12.0% (FY2020 to FY2025).
- By year, Research & Development came in at $48.91 million in FY2024 (-24.5%), $64.78 million in FY2023 (-0.2%), $64.91 million in FY2022 (+31.6%) and $49.31 million in FY2021 (+72.6%).
- The Q2 2026 figure ranks as the highest quarterly Research & Development since Q3 2023.
- Year over year, Research & Development has now increased in each of the last four quarters, with growth averaging 1.7% over the last eight quarters.
- The high point for year-over-year Research & Development in five years was Q3 2021 (growth of 89.3%); the low point was Q3 2024 (a decline of 30.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $14.54 million (Q1 2026), $13.07 million (Q4 2025) and $12.17 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 102.50 Bn | 98.51 Bn | - | - |
| 2 | Natera | 58.05 Bn | 53.74 Bn | 485.19 Mn | 228.07 Mn |
| 3 | Labcorp Holdings | 26.39 Bn | 24.13 Bn | 1.11 Bn | - |
| 4 | Quest Diagnostics | 26.28 Bn | 24.41 Bn | 1.03 Bn | - |
| 5 | Tenet Healthcare | 22.71 Bn | 11.72 Bn | - | - |
| 6 | Guardant Health | 21.59 Bn | 17.65 Bn | 219.03 Mn | 96.53 Mn |
| 7 | BrightSpring Health Services | 12.87 Bn | 11.21 Bn | 492.75 Mn | - |
| 8 | Fresenius Medical Care AG | 12.49 Bn | 4.44 Bn | 1.52 Bn | 46.06 Mn |
| 9 | Encompass Health | 12.04 Bn | 11.70 Bn | - | - |
| 10 | Personalis | 1.68 Bn | 844.65 Mn | 4.74 Mn | 16.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.34 Mn |
| Mar 31, 2026 | 14.54 Mn |
| Dec 31, 2025 | 13.07 Mn |
| Sep 30, 2025 | 12.17 Mn |
| Jun 30, 2025 | 12.38 Mn |
| Mar 31, 2025 | 12.64 Mn |
| Dec 31, 2024 | 11.49 Mn |
| Sep 30, 2024 | 11.68 Mn |
| Jun 30, 2024 | 12.96 Mn |
| Mar 31, 2024 | 12.77 Mn |
| Dec 31, 2023 | 13.61 Mn |
| Sep 30, 2023 | 16.74 Mn |
| Jun 30, 2023 | 17.85 Mn |
| Mar 31, 2023 | 16.57 Mn |
| Dec 31, 2022 | 16.57 Mn |
| Sep 30, 2022 | 14.96 Mn |
| Jun 30, 2022 | 16.29 Mn |
| Mar 31, 2022 | 17.10 Mn |
| Dec 31, 2021 | 14.51 Mn |
| Sep 30, 2021 | 13.62 Mn |
API Access
Personalis Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=PSNL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "PSNL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=PSNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();