RenovoRx (RNXT) Research & Development (2020 - 2026)
RenovoRx's Research & Development came in at $1.2 million for Q2 2026, down 15.8% from $1.43 million a year earlier and down 2.3% from the prior quarter.
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Analysis
RenovoRx (RNXT) Research & Development (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, RenovoRx reported Research & Development of $5.61 million, down 10.8% year-over-year; for FY2025, it came in at $6.27 million, up 4.0% from FY2024.
- Research & Development has increased in each of the last five years, with a five-year compound annual growth rate of 21.3% (FY2020 to FY2025).
- Going back by year, Research & Development was $6.03 million in FY2024 (+6.3%), $5.67 million in FY2023 (+31.8%), $4.3 million in FY2022 (+41.5%) and $3.04 million in FY2021 (+27.4%).
- The Q2 2026 figure represents the lowest quarterly Research & Development since Q4 2023.
- Year-over-year, Research & Development has declined for three consecutive quarters, with growth averaging 10.5% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q2 2022 (growth of 159.3%), and the weakest in Q4 2022 (a decline of 29.5%).
- Business Quant data shows RNXT's Research & Development at $1.23 million (Q1 2026), $1.5 million (Q4 2025) and $1.69 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 278.90 Mn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 258.00 Mn |
| 10 | RenovoRx | 70.84 Mn | 70.84 Mn | 766,000.00 | 1.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.20 Mn |
| Mar 31, 2026 | 1.23 Mn |
| Dec 31, 2025 | 1.50 Mn |
| Sep 30, 2025 | 1.69 Mn |
| Jun 30, 2025 | 1.43 Mn |
| Mar 31, 2025 | 1.64 Mn |
| Dec 31, 2024 | 1.58 Mn |
| Sep 30, 2024 | 1.65 Mn |
| Jun 30, 2024 | 1.54 Mn |
| Mar 31, 2024 | 1.26 Mn |
| Dec 31, 2023 | 775,000.00 |
| Sep 30, 2023 | 1.63 Mn |
| Jun 30, 2023 | 1.93 Mn |
| Mar 31, 2023 | 1.34 Mn |
| Dec 31, 2022 | 776,000.00 |
| Sep 30, 2022 | 846,000.00 |
| Jun 30, 2022 | 1.39 Mn |
| Mar 31, 2022 | 1.29 Mn |
| Dec 31, 2021 | 1.10 Mn |
| Sep 30, 2021 | 767,000.00 |
API Access
RenovoRx 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=RNXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "RNXT", "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=RNXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();