Sanara MedTech (SMTI) Research & Development (2020 - 2026)

Sanara MedTech (SMTI) reported Research & Development of $759592.0 for Q1 2026, down 20.07% on a YoY basis from $950359.0 in Q1 2025, and down 62.69% quarter-over-quarter from $2.0 million in Q4 2025.

Sanara MedTech (SMTI) Research & Development (2020 - 2026) Analysis & Trends

Sanara MedTech has reported Research & Development for 7 years, with the latest figure at $759592.0 in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development fell 20.07% year-over-year to $759592.0; the trailing twelve-month figure through Mar 2026 stood at $5.1 million (up 41.05% YoY), and the FY2025 full-year result was $5.1 million, up 79.32% from the prior year.
  • Research & Development for Q1 2026 stood at $759592.0, down from $2.0 million in the prior quarter.
  • The five-year high for Research & Development was $2.0 million in Q4 2025, with the low at $204637.0 in Q1 2022.
  • Historically, Research & Development has averaged $1.0 million across 5 years, with a median of $986454.0 in 2023.
  • Annual changes were most pronounced in 2022 — Research & Development soared 2875.24% — and 2023, when it tumbled 36.99%.
  • Sanara MedTech's Research & Development stood at $1.0 million in 2022, then plunged by 36.99% to $651519.0 in 2023, then surged by 35.59% to $883400.0 in 2024, then jumped by 130.44% to $2.0 million in 2025, then plunged by 62.69% to $759592.0 in 2026.
  • The last three Research & Development figures came in at $759592.0 (Q1 2026), $2.0 million (Q4 2025), and $1.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn 361.90 Mn
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn 249.00 Mn
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn -
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 94.27 Mn
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 15.80 Mn
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 189.00 Mn
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn 42.50 Mn
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 98.66 Mn
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn 139.00 Mn
10 Sanara MedTech 196.68 Mn 183.08 Mn 25.87 Mn 759,592.00

Historic Data

Download Data
DateValue
Mar 31, 2026 759,592.00
Dec 31, 2025 2.04 Mn
Sep 30, 2025 1.03 Mn
Jun 30, 2025 1.26 Mn
Mar 31, 2025 950,359.00
Dec 31, 2024 883,400.00
Sep 30, 2024 783,840.00
Jun 30, 2024 985,651.00
Mar 31, 2024 946,298.00
Dec 31, 2023 651,519.00
Sep 30, 2023 986,454.00
Jun 30, 2023 1.18 Mn
Mar 31, 2023 1.32 Mn
Dec 31, 2022 1.03 Mn
Sep 30, 2022 1.06 Mn
Jun 30, 2022 1.07 Mn
Mar 31, 2022 204,637.00
Dec 31, 2021 300,837.00
Sep 30, 2021 35,674.00
Jun 30, 2021 103,981.00