TriSalus Life Sciences (TLSI) Research & Development (2022 - 2026)
TriSalus Life Sciences (TLSI) posted Research & Development of $3.14 million for Q2 2026, down 14.5% from $3.67 million a year earlier and down 2.5% from the prior quarter.
TriSalus Life Sciences (TLSI) Research & Development (2022 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at TriSalus Life Sciences was $14.1 million, up 1.7% year-over-year; for FY2025, it came in at $14.97 million, down 15.4% from FY2024.
- Annual Research & Development shows a three-year compound annual growth rate of -11.2% (FY2022 to FY2025).
- In prior years, TriSalus Life Sciences' Research & Development was $17.69 million in FY2024 (-40.7%), $29.84 million in FY2023 (+39.7%) and $21.36 million in FY2022.
- Quarterly Research & Development has run from a low of $2.57 million in Q4 2025 to a high of $9.51 million in Q3 2023 over five years.
- On a year-over-year basis, Research & Development increased in two of the last eight quarters, with an average decline of 23.2%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q3 2023, with growth of 97.7%; the weakest was Q4 2024, with a decline of 61.9%.
- According to Business Quant data, Research & Development for the three prior quarters was $3.22 million (Q1 2026), $2.57 million (Q4 2025) and $5.18 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 265.71 Bn | 242.23 Bn | 5.13 Bn | 348.00 Mn |
| 2 | Abbott Laboratories | 189.37 Bn | 163.23 Bn | 7.39 Bn | 920.00 Mn |
| 3 | Danaher | 164.78 Bn | 144.43 Bn | 3.84 Bn | 433.00 Mn |
| 4 | Intuitive Surgical | 157.85 Bn | 138.13 Bn | 2.08 Bn | 408.30 Mn |
| 5 | Medtronic | 129.66 Bn | 94.91 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 121.82 Bn | 108.01 Bn | 4.25 Bn | 433.00 Mn |
| 7 | Boston Scientific | 63.42 Bn | 58.86 Bn | 3.43 Bn | 520.00 Mn |
| 8 | Edwards Lifesciences | 59.49 Bn | 42.69 Bn | 1.35 Bn | 281.40 Mn |
| 9 | Becton Dickinson | 58.38 Bn | 55.53 Bn | 2.32 Bn | 258.00 Mn |
| 10 | TriSalus Life Sciences | 143.70 Mn | -2.27 Mn | 9.90 Mn | 3.14 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.14 Mn |
| Mar 31, 2026 | 3.22 Mn |
| Dec 31, 2025 | 2.57 Mn |
| Sep 30, 2025 | 5.18 Mn |
| Jun 30, 2025 | 3.67 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 |
TriSalus Life Sciences 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=TLSI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TLSI", "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=TLSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();