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| Date | Value |
|---|---|
| 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 |