Growth Metrics

TriSalus Life Sciences (TLSI) Research & Development (2022 - 2026)

TriSalus Life Sciences posted quarterly Research & Development of $3.2 million for Q1 2026, up 6.45% year-on-year from $3.0 million in Q1 2025, and up 25.14% on a QoQ basis from $2.6 million in Q4 2025.

TriSalus Life Sciences (TLSI) has 5 years of Research & Development data on file, last reported at $3.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 6.45% year-over-year to $3.2 million; the trailing twelve-month figure through Mar 2026 stood at $14.9 million (changed 0.13% YoY), and the FY2025 full-year result was $15.0 million, down 15.39% from the prior year.
  • Research & Development for Q1 2026 stood at $3.2 million, up from $2.6 million in the prior quarter.
  • Across five years, Research & Development topped out at $9.5 million in Q3 2023 and bottomed at $2.6 million in Q4 2025.
  • The 5-year median for Research & Development is $4.8 million (2022), against an average of $5.1 million.
  • The widest annual swing landed in 2023, when Research & Development jumped 97.71%; it then sank 61.91% in 2024.
  • A 5-year view of Research & Development shows it stood at $6.3 million in 2022, then rose by 23.97% to $7.8 million in 2023, then tumbled by 61.91% to $3.0 million in 2024, then fell by 13.15% to $2.6 million in 2025, then climbed by 25.14% to $3.2 million in 2026.
  • The last three Research & Development figures came in at $3.2 million (Q1 2026), $2.6 million (Q4 2025), and $5.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 767.00 Mn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 413.00 Mn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 722.00 Mn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 263.30 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -461.27 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 145.30 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 345.00 Mn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 28.80 Mn
10 TriSalus Life Sciences 187.09 Mn 130.54 Mn 7.67 Mn 3.22 Mn

Historic Data

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DateValue
Mar 31, 2026 3.22 Mn
Dec 31, 2025 2.57 Mn
Sep 30, 2025 5.18 Mn
Jun 30, 2025 3.92 Mn
Mar 31, 2025 3.02 Mn
Dec 31, 2024 2.96 Mn
Sep 30, 2024 4.22 Mn
Jun 30, 2024 4.67 Mn
Mar 31, 2024 5.84 Mn
Dec 31, 2023 7.77 Mn
Sep 30, 2023 9.51 Mn
Jun 30, 2023 6.89 Mn
Mar 31, 2023 5.64 Mn
Dec 31, 2022 6.27 Mn
Sep 30, 2022 4.81 Mn