Petros Pharmaceuticals, Inc. (PTPI) Research & Development (2020 - 2024)
Petros Pharmaceuticals (PTPI) posted Research & Development of $101,945 for Q4 2024, down 87.8% from $834,334 a year earlier and down 82.7% from the prior quarter.
Petros Pharmaceuticals, Inc. (PTPI) Research & Development (2020 - 2024) Analysis & Trends
For FY2024, Petros Pharmaceuticals' Research & Development came in at $2.62 million, up 8.5% from FY2023.
- Annual Research & Development shows a four-year compound annual growth rate of 54.4% (FY2020 to FY2024).
- In prior years, Petros Pharmaceuticals' Research & Development was $2.41 million in FY2023 (+38.4%), $1.74 million in FY2022 (-2.7%), $1.79 million in FY2021 (+289.1%) and $459,636 in FY2020.
- The Q4 2024 figure stands as the lowest quarterly Research & Development since Q1 2021.
- On a year-over-year basis, Research & Development increased in four of the last eight quarters, with growth averaging 87.5%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q3 2021, with growth of 661.9%; the weakest was Q4 2024, with a decline of 87.8%.
- According to Business Quant data, Research & Development for the three prior quarters was $588,355 (Q3 2024), $368,798 (Q2 2024) and $1.56 million (Q1 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 101,945.00 |
| Sep 30, 2024 | 588,355.00 |
| Jun 30, 2024 | 368,798.00 |
| Mar 31, 2024 | 1.56 Mn |
| Dec 31, 2023 | 834,334.00 |
| Sep 30, 2023 | 389,093.00 |
| Jun 30, 2023 | 866,575.00 |
| Mar 31, 2023 | 319,093.00 |
| Dec 31, 2022 | 177,762.00 |
| Sep 30, 2022 | 735,916.00 |
| Jun 30, 2022 | 421,242.00 |
| Mar 31, 2022 | 405,360.00 |
| Dec 31, 2021 | 988,688.00 |
| Sep 30, 2021 | 280,576.00 |
| Jun 30, 2021 | 500,046.00 |
| Mar 31, 2021 | 19,181.00 |
| Dec 31, 2020 | 151,840.00 |
| Sep 30, 2020 | 36,828.00 |
| Jun 30, 2020 | 131,583.00 |
| Mar 31, 2020 | 139,385.00 |
Petros Pharmaceuticals, Inc. 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=PTPI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "PTPI", "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=PTPI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();