Quanterix (QTRX) Research & Development (2017 - 2026)
Quanterix (QTRX) reported Research & Development of $7.3 million for Q1 2026, down 27.03% on a YoY basis from $10.0 million in Q1 2025, and down 16.75% quarter-over-quarter from $8.8 million in Q4 2025.
Quanterix (QTRX) Research & Development (2017 - 2026) Analysis & Trends
Quanterix has reported Research & Development for 10 years, with the latest figure at $7.3 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 27.03% year-over-year to $7.3 million; the trailing twelve-month figure through Mar 2026 stood at $33.2 million (down 3.39% YoY), and the FY2025 full-year result was $35.9 million, up 15.57% from the prior year.
- Research & Development for Q1 2026 stood at $7.3 million, down from $8.8 million in the prior quarter.
- The five-year high for Research & Development was $10.0 million in Q1 2025, with the low at $5.0 million in Q1 2023.
- Historically, Research & Development has averaged $7.5 million across 5 years, with a median of $7.3 million in 2026.
- Annual changes were most pronounced in 2022 — Research & Development declined 28.21% — and 2025, when it jumped 48.86%.
- Quanterix's Research & Development stood at $5.8 million in 2022, then grew by 23.4% to $7.2 million in 2023, then advanced by 11.89% to $8.1 million in 2024, then climbed by 9.04% to $8.8 million in 2025, then slipped by 16.75% to $7.3 million in 2026.
- The last three Research & Development figures came in at $7.3 million (Q1 2026), $8.8 million (Q4 2025), and $8.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.92 Bn | 146.27 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 119.50 Bn | 116.62 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 102.71 Bn | 94.54 Bn | 5.76 Bn | 722.00 Mn |
| 4 | Boston Scientific | 69.72 Bn | 68.51 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 49.24 Bn | 45.57 Bn | 1.29 Bn | 263.30 Mn |
| 6 | GE HealthCare Technologies | 29.74 Bn | 27.67 Bn | 1.98 Bn | 345.00 Mn |
| 7 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -461.27 Mn |
| 8 | Dexcom | 28.96 Bn | 27.84 Bn | 750.30 Mn | 145.30 Mn |
| 9 | Steris | 20.31 Bn | 19.88 Bn | 697.10 Mn | 28.80 Mn |
| 10 | Quanterix | 146.10 Mn | 46.84 Mn | 15.57 Mn | 7.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.32 Mn |
| Dec 31, 2025 | 8.80 Mn |
| Sep 30, 2025 | 8.01 Mn |
| Jun 30, 2025 | 9.08 Mn |
| Mar 31, 2025 | 10.04 Mn |
| Dec 31, 2024 | 8.07 Mn |
| Sep 30, 2024 | 8.10 Mn |
| Jun 30, 2024 | 8.17 Mn |
| Mar 31, 2024 | 6.74 Mn |
| Dec 31, 2023 | 7.21 Mn |
| Sep 30, 2023 | 7.74 Mn |
| Jun 30, 2023 | 6.13 Mn |
| Mar 31, 2023 | 4.99 Mn |
| Dec 31, 2022 | 5.84 Mn |
| Sep 30, 2022 | 6.83 Mn |
| Jun 30, 2022 | 7.26 Mn |
| Mar 31, 2022 | 6.88 Mn |
| Dec 31, 2021 | 8.14 Mn |
| Sep 30, 2021 | 6.81 Mn |
| Jun 30, 2021 | 6.75 Mn |