Sanara MedTech (SMTI) Research & Development (2020 - 2026)
Sanara MedTech posted quarterly Research & Development of $759592.0 for Q1 2026, down 20.07% year-on-year from $950359.0 in Q1 2025, and down 62.69% on a QoQ basis from $2.0 million in Q4 2025.
Sanara MedTech (SMTI) has 7 years of Research & Development data on file, last reported 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.
- Across five years, Research & Development topped out at $2.0 million in Q4 2025 and bottomed at $204637.0 in Q1 2022.
- The 5-year median for Research & Development is $986454.0 (2023), against an average of $1.0 million.
- The widest annual swing landed in 2022, when Research & Development soared 2875.24%; it then sank 36.99% in 2023.
- A 5-year view of Research & Development shows it stood at $1.0 million in 2022, then tumbled by 36.99% to $651519.0 in 2023, then soared by 35.59% to $883400.0 in 2024, then surged by 130.44% to $2.0 million in 2025, then tumbled 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 | 156.17 Bn | 151.78 Bn | 1.83 Bn | 361.90 Mn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 249.00 Mn |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 94.27 Mn |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 15.80 Mn |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 189.00 Mn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 44.30 Mn |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 98.66 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 139.00 Mn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | - |
| 10 | Sanara MedTech | 203.69 Mn | 190.09 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 |
| Mar 31, 2021 | 118,212.00 |
| Dec 31, 2020 | 29,168.00 |
| Sep 30, 2020 | 11,022.00 |
| Jun 30, 2020 | 41,516.00 |
| Mar 31, 2020 | 4,387.00 |