Treace Medical Concepts (TMCI) Research & Development (2020 - 2026)
Treace Medical Concepts (TMCI) posted Research & Development of $4.6 million for Q1 2026, down 87.59% on a QoQ basis from $37.3 million in Q4 2025, and down 16.9% year-over-year from $5.6 million in Q1 2025.
Treace Medical Concepts (TMCI) Research & Development (2020 - 2026) Analysis & Trends
Treace Medical Concepts' Research & Development history runs 7 years deep, the most recent figure standing at $4.6 million for Q1 2026.
- Quarterly Research & Development fell 16.9% year-over-year to $4.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $79.6 million (down 1.96% YoY) and the FY2025 annual result came in at $140.9 million, up 584.25% from the prior year.
- Research & Development was $4.6 million for Q1 2026 at Treace Medical Concepts, down from $37.3 million in the prior quarter.
- Across five years, Research & Development topped out at $40.3 million in Q1 2024 and bottomed at -$60.9 million in Q4 2022.
- A 5-year average of $13.6 million and a median of $5.2 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development tumbled 1903.17% — and 2024, when it soared 1081.95%.
- Treace Medical Concepts' Research & Development stood at -$60.9 million in 2022, then surged by 165.56% to $39.9 million in 2023, then tumbled by 86.95% to $5.2 million in 2024, then soared by 615.03% to $37.3 million in 2025, then tumbled by 87.59% to $4.6 million in 2026.
- Business Quant data shows TMCI's Research & Development at $4.6 million in Q1 2026, $37.3 million in Q4 2025, and $4.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 145.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -461.27 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Treace Medical Concepts | 261.60 Mn | 209.75 Mn | 37.41 Mn | 4.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.62 Mn |
| Dec 31, 2025 | 37.25 Mn |
| Sep 30, 2025 | 4.68 Mn |
| Jun 30, 2025 | 33.08 Mn |
| Mar 31, 2025 | 5.56 Mn |
| Dec 31, 2024 | 5.21 Mn |
| Sep 30, 2024 | 32.78 Mn |
| Jun 30, 2024 | 37.68 Mn |
| Mar 31, 2024 | 40.33 Mn |
| Dec 31, 2023 | 39.92 Mn |
| Sep 30, 2023 | 33.54 Mn |
| Jun 30, 2023 | 3.53 Mn |
| Mar 31, 2023 | 3.41 Mn |
| Dec 31, 2022 | -60.89 Mn |
| Sep 30, 2022 | 3.80 Mn |
| Jun 30, 2022 | 2.98 Mn |
| Mar 31, 2022 | 3.05 Mn |
| Dec 31, 2021 | 3.38 Mn |
| Sep 30, 2021 | 2.54 Mn |
| Jun 30, 2021 | 2.42 Mn |