Stereotaxis (STXS) Research & Development (2009 - 2026)
Stereotaxis (STXS) reported Research & Development of $3.52 million for Q3 2026, up 38.4% from $2.55 million a year earlier and up 47.4% from the prior quarter.
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Analysis
Stereotaxis (STXS) Research & Development (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Stereotaxis' Research & Development came in at $11.02 million, up 16.5% year-over-year; for FY2025, it came in at $9.38 million, down 3.9% from FY2024.
- Research & Development has declined for three consecutive years, though with a five-year compound annual growth rate of 2.9% (FY2020 to FY2025).
- By year, Research & Development came in at $9.76 million in FY2024 (-5.0%), $10.27 million in FY2023 (-2.7%), $10.56 million in FY2022 (+3.5%) and $10.2 million in FY2021 (+25.3%).
- The Q3 2026 figure ranks as the highest quarterly Research & Development since Q3 2011.
- Year over year, Research & Development has now increased in each of the last three quarters, with growth averaging 10.6% over the last eight quarters.
- The high point for year-over-year Research & Development in five years was Q3 2026 (growth of 38.4%); the low point was Q2 2025 (a decline of 21.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $2.39 million (Q2 2026), $2.4 million (Q1 2026) and $2.71 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 348.00 Mn |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 920.00 Mn |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 433.00 Mn |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 408.30 Mn |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 433.00 Mn |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 520.00 Mn |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 281.40 Mn |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | - |
| 10 | Stereotaxis | 83.17 Mn | 83.17 Mn | 3.96 Mn | 3.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.52 Mn |
| Jun 30, 2026 | 2.39 Mn |
| Mar 31, 2026 | 2.40 Mn |
| Dec 31, 2025 | 2.71 Mn |
| Sep 30, 2025 | 2.55 Mn |
| Jun 30, 2025 | 1.78 Mn |
| Mar 31, 2025 | 2.35 Mn |
| Dec 31, 2024 | 2.79 Mn |
| Sep 30, 2024 | 2.45 Mn |
| Jun 30, 2024 | 2.27 Mn |
| Mar 31, 2024 | 2.24 Mn |
| Dec 31, 2023 | 2.21 Mn |
| Sep 30, 2023 | 2.67 Mn |
| Jun 30, 2023 | 2.65 Mn |
| Mar 31, 2023 | 2.75 Mn |
| Dec 31, 2022 | 2.40 Mn |
| Sep 30, 2022 | 2.82 Mn |
| Jun 30, 2022 | 2.89 Mn |
| Mar 31, 2022 | 2.45 Mn |
| Dec 31, 2021 | 2.62 Mn |
API Access
Stereotaxis Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=STXS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "STXS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=STXS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();