Sanara MedTech (SMTI) Research & Development (2020 - 2026)
Sanara MedTech's (SMTI) quarterly Research & Development came in at $759592.0 in Q1 2026, down 20.07% YoY from $950359.0 in Q1 2025, and down 62.69% on a QoQ basis from $2.0 million in Q4 2025.
Sanara MedTech (SMTI) Research & Development (2020 - 2026) Analysis & Trends
Sanara MedTech (SMTI) has 7 years of Research & Development data on file, last reported at $759592.0 in Q1 2026.
- Quarterly Research & Development fell 20.07% year-over-year to $759592.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.1 million (up 41.05% YoY) and the FY2025 annual result came in at $5.1 million, up 79.32% from the prior year.
- Research & Development slipped to $759592.0 in Q1 2026, from $2.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $2.0 million in Q4 2025 to a low of $204637.0 in Q1 2022.
- A 5-year average of $1.0 million and a median of $986454.0 in 2023 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development soared 2875.24% — and 2023, when it tumbled 36.99%.
- Tracing SMTI's Research & Development over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.49 Bn | 129.27 Bn | 1.96 Bn | 370.60 Mn |
| 2 | Becton Dickinson | 52.56 Bn | 51.70 Bn | 2.32 Bn | 258.00 Mn |
| 3 | Alcon | 35.74 Bn | 34.38 Bn | 1.68 Bn | 663.00 Mn |
| 4 | Resmed | 33.74 Bn | 32.27 Bn | 861.22 Mn | 105.73 Mn |
| 5 | Medline | 29.15 Bn | 26.47 Bn | 2.22 Bn | - |
| 6 | West Pharmaceutical Services | 25.03 Bn | 24.59 Bn | 329.20 Mn | 19.70 Mn |
| 7 | Solventum | 15.41 Bn | 15.01 Bn | 1.29 Bn | 178.00 Mn |
| 8 | Cooper Companies | 14.79 Bn | 14.66 Bn | 735.40 Mn | 42.50 Mn |
| 9 | Baxter International | 13.59 Bn | 11.44 Bn | 1.03 Bn | 129.00 Mn |
| 10 | Sanara MedTech | 297.61 Mn | 297.61 Mn | - | - |
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 |