Seer (SEER) Research & Development (2020 - 2026)
Seer (SEER) posted Research & Development of $8.21 million for Q2 2026, down 31.5% from $11.99 million a year earlier and down 6.8% from the prior quarter.
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Analysis
Seer (SEER) Research & Development (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Seer was $37.55 million, down 23.2% year-over-year; for FY2025, it was $43.87 million, down 13.3% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of 18.3% (FY2020 to FY2025).
- In prior years, Seer's Research & Development was $50.59 million in FY2024 (-4.6%), $53.02 million in FY2023 (+15.8%), $45.8 million in FY2022 (+57.3%) and $29.12 million in FY2021 (+53.7%).
- The Q2 2026 figure stands as the lowest quarterly Research & Development since Q3 2021.
- On a year-over-year basis, Research & Development has declined in each of the last six quarters, with an average decline of 12.0% over the last eight quarters.
- The strongest year-over-year quarter for Research & Development in the past five years was Q1 2022, with growth of 72.3%; the weakest was Q2 2026, with a decline of 31.5%.
- According to Business Quant data, Research & Development for the three prior quarters was $8.81 million (Q1 2026), $9.74 million (Q4 2025) and $10.8 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 258.00 Mn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 278.90 Mn |
| 10 | Seer | 225.08 Mn | 225.08 Mn | 1.51 Mn | 8.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.21 Mn |
| Mar 31, 2026 | 8.81 Mn |
| Dec 31, 2025 | 9.74 Mn |
| Sep 30, 2025 | 10.80 Mn |
| Jun 30, 2025 | 11.99 Mn |
| Mar 31, 2025 | 11.35 Mn |
| Dec 31, 2024 | 12.62 Mn |
| Sep 30, 2024 | 12.97 Mn |
| Jun 30, 2024 | 12.73 Mn |
| Mar 31, 2024 | 12.27 Mn |
| Dec 31, 2023 | 11.17 Mn |
| Sep 30, 2023 | 13.23 Mn |
| Jun 30, 2023 | 14.15 Mn |
| Mar 31, 2023 | 14.47 Mn |
| Dec 31, 2022 | 12.63 Mn |
| Sep 30, 2022 | 11.56 Mn |
| Jun 30, 2022 | 10.87 Mn |
| Mar 31, 2022 | 10.73 Mn |
| Dec 31, 2021 | 8.22 Mn |
| Sep 30, 2021 | 7.75 Mn |
API Access
Seer 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=SEER&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SEER", "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=SEER&period=max&api_key=YOUR_API_KEY");
const data = await res.json();