Sanara MedTech (SMTI) Research & Development (2020 - 2026)
Sanara MedTech (SMTI) posted Research & Development of $759592.0 for Q1 2026, down 62.69% on a QoQ basis from $2.0 million in Q4 2025, and down 20.07% year-over-year from $950359.0 in Q1 2025.
Sanara MedTech (SMTI) Research & Development (2020 - 2026) Analysis & Trends
Sanara MedTech's Research & Development history runs 7 years deep, the most recent figure standing at $759592.0 for 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 was $759592.0 for Q1 2026 at Sanara MedTech, 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.
- 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 slumped 36.99%.
- Sanara MedTech's Research & Development stood at $1.0 million in 2022, then slumped by 36.99% to $651519.0 in 2023, then jumped by 35.59% to $883400.0 in 2024, then soared by 130.44% to $2.0 million in 2025, then slumped by 62.69% to $759592.0 in 2026.
- Business Quant data shows SMTI's Research & Development at $759592.0 in Q1 2026, $2.0 million in Q4 2025, and $1.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcon | 32,734,969.19 Bn | 32,734,967.53 Bn | 1.53 Bn | -245.00 Mn |
| 2 | Intuitive Surgical | 117.50 Bn | 112.41 Bn | 1.96 Bn | 370.60 Mn |
| 3 | Becton Dickinson | 42.93 Bn | 42.11 Bn | 2.15 Bn | 249.00 Mn |
| 4 | Medline | 30.82 Bn | 36.66 Bn | 1.84 Bn | - |
| 5 | Resmed | 27.90 Bn | 26.23 Bn | 890.98 Mn | 94.27 Mn |
| 6 | West Pharmaceutical Services | 26.76 Bn | 26.23 Bn | 329.20 Mn | 19.70 Mn |
| 7 | Cooper Companies | 15.30 Bn | 15.16 Bn | 735.40 Mn | 42.50 Mn |
| 8 | Solventum | 13.46 Bn | 12.90 Bn | 1.10 Bn | 189.00 Mn |
| 9 | Align Technology | 12.02 Bn | 10.96 Bn | 736.59 Mn | 98.66 Mn |
| 10 | Sanara MedTech | 233.71 Mn | 220.11 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 |