QTREX Quantum (QTEX) Research & Development (2020 - 2023)
QTREX Quantum's Research & Development came in at $9.59 million for FY2025, down 40.9% from $16.21 million in FY2024.
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Analysis
QTREX Quantum (QTEX) Research & Development (2020 - 2023) Analysis & Trends
Going back to FY2019, QTREX Quantum's Research & Development data covers 6 years.
- Research & Development carries a five-year compound annual growth rate of 19.9% (FY2020 to FY2025).
- The five-year range for annual Research & Development is $7.32 million (FY2023) to $16.21 million (FY2024).
- Per Business Quant, earlier years put Research & Development at $16.21 million in FY2024 (+121.5%), $7.32 million in FY2023 (-10.5%) and $8.18 million in FY2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 258.06 Bn | 237.09 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 173.78 Bn | 144.21 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 163.32 Bn | 147.12 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 148.32 Bn | 127.74 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 120.79 Bn | 86.04 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 114.30 Bn | 100.41 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 65.96 Bn | 60.73 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Becton Dickinson | 53.35 Bn | 50.50 Bn | 2.32 Bn | 258.00 Mn |
| 9 | Edwards Lifesciences | 50.49 Bn | 34.49 Bn | 1.35 Bn | 278.90 Mn |
| 10 | QTREX Quantum | 9.60 Mn | -11.46 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 1.95 Mn |
| Sep 30, 2023 | 1.54 Mn |
| Jun 30, 2023 | 1.78 Mn |
| Mar 31, 2023 | 2.05 Mn |
| Dec 31, 2022 | 1.81 Mn |
| Sep 30, 2022 | 1.95 Mn |
| Jun 30, 2022 | 2.73 Mn |
| Mar 31, 2022 | 1.56 Mn |
| Dec 31, 2021 | 2.22 Mn |
| Sep 30, 2021 | 581,000.00 |
| Jun 30, 2021 | 437,000.00 |
| Dec 31, 2020 | 1.27 Mn |
API Access
QTREX Quantum 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=QTEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "QTEX", "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=QTEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();