Tenon Medical (TNON) Research & Development (2021 - 2026)
Tenon Medical (TNON) reported Research & Development of $768,000 for Q2 2026, up 52.7% from $503,000 a year earlier and up 16.0% from the prior quarter.
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Analysis
Tenon Medical (TNON) Research & Development (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Tenon Medical's Research & Development came in at $2.39 million, down 1.4% year-over-year; for FY2025, it was $2.15 million, down 17.4% from FY2024.
- Research & Development has a four-year compound annual growth rate of 5.8% (FY2021 to FY2025).
- By year, Research & Development came in at $2.6 million in FY2024 (-17.7%), $3.16 million in FY2023 (+11.8%), $2.83 million in FY2022 (+64.6%) and $1.72 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Research & Development since Q2 2023.
- Year over year, Research & Development gained in two of the last eight quarters, with an average decline of 6.0%.
- The high point for year-over-year Research & Development in five years was Q1 2022 (growth of 546.0%); the low point was Q3 2025 (a decline of 34.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $662,000 (Q1 2026), $527,000 (Q4 2025) and $428,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 278.90 Mn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 258.00 Mn |
| 10 | Tenon Medical | 895,440.01 | -12.59 Mn | 814,000.00 | 768,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 768,000.00 |
| Mar 31, 2026 | 662,000.00 |
| Dec 31, 2025 | 527,000.00 |
| Sep 30, 2025 | 428,000.00 |
| Jun 30, 2025 | 503,000.00 |
| Mar 31, 2025 | 691,000.00 |
| Dec 31, 2024 | 569,000.00 |
| Sep 30, 2024 | 657,000.00 |
| Jun 30, 2024 | 708,000.00 |
| Mar 31, 2024 | 669,000.00 |
| Dec 31, 2023 | 691,000.00 |
| Sep 30, 2023 | 737,000.00 |
| Jun 30, 2023 | 901,000.00 |
| Mar 31, 2023 | 834,000.00 |
| Dec 31, 2022 | 812,000.00 |
| Sep 30, 2022 | 797,000.00 |
| Jun 30, 2022 | 657,000.00 |
| Mar 31, 2022 | 562,000.00 |
| Dec 31, 2021 | 793,000.00 |
| Sep 30, 2021 | 601,000.00 |
API Access
Tenon Medical 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=TNON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TNON", "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=TNON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();