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
DateValue
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