TherapeuticsMD TXMD
NASDAQ TXMD
$1.74 +0.06 (+3.57%)
At close: Nov 10, 2026 · 4:00 PM EST

TherapeuticsMD (TXMD) Research & Development (2011 - 2022)

Updated

TherapeuticsMD (TXMD) reported Research & Development of $1.11 million for Q3 2022, down 30.7% from $1.61 million a year earlier and down 29.6% from the prior quarter.

Analysis

TherapeuticsMD (TXMD) Research & Development (2011 - 2022) Analysis & Trends

Over the twelve months ended Sep 30, 2022, TherapeuticsMD's Research & Development came in at $5.51 million, down 31.6% year-over-year; for FY2021, it was $7.09 million, down 32.1% from FY2020.

  • Research & Development has declined for six consecutive years, with a five-year compound annual growth rate of -33.4% (FY2016 to FY2021).
  • By year, Research & Development came in at $10.43 million in FY2020 (-47.3%), $19.79 million in FY2019 (-27.5%), $27.3 million in FY2018 (-19.4%) and $33.85 million in FY2017 (-37.2%).
  • The Q3 2022 figure ranks as the lowest quarterly Research & Development since Q2 2012.
  • Year over year, Research & Development has now declined in each of the last 16 quarters, with an average decline of 31.9% over the last eight quarters.
  • The high point for year-over-year Research & Development in five years was Q4 2017 (growth of 6.1%); the low point was Q3 2020 (a decline of 50.3%).
  • Per Business Quant data, the three quarters before Q3 2022 came in at $1.58 million (Q2 2022), $1.4 million (Q1 2022) and $1.42 million (Q4 2021).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Eli Lilly 1,348.13 Bn 1,321.74 Bn 20.46 Bn 4.25 Bn
2 Johnson & Johnson 675.90 Bn 595.76 Bn 17.30 Bn 4.65 Bn
3 AbbVie 519.45 Bn 487.50 Bn 13.12 Bn 2.57 Bn
4 Merck 364.95 Bn 327.95 Bn 13.19 Bn 4.54 Bn
5 Novartis Ag 311.58 Bn 285.16 Bn - -
6 Astrazeneca 289.34 Bn 262.94 Bn 13.26 Bn 3.89 Bn
7 Amgen 251.64 Bn 203.30 Bn 7.58 Bn 2.11 Bn
8 Gilead Sciences 212.05 Bn 187.07 Bn 6.73 Bn 1.61 Bn
9 Pfizer 167.35 Bn 115.00 Bn 12.56 Bn 3.02 Bn
10 TherapeuticsMD 20.14 Mn -12.07 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2022 1.11 Mn
Jun 30, 2022 1.58 Mn
Mar 31, 2022 1.40 Mn
Dec 31, 2021 1.42 Mn
Sep 30, 2021 1.61 Mn
Jun 30, 2021 2.01 Mn
Mar 31, 2021 2.05 Mn
Dec 31, 2020 2.39 Mn
Sep 30, 2020 2.03 Mn
Jun 30, 2020 2.74 Mn
Mar 31, 2020 3.27 Mn
Dec 31, 2019 4.43 Mn
Sep 30, 2019 4.08 Mn
Jun 30, 2019 4.96 Mn
Mar 31, 2019 6.32 Mn
Dec 31, 2018 6.75 Mn
Sep 30, 2018 6.71 Mn
Jun 30, 2018 6.80 Mn
Mar 31, 2018 7.04 Mn
Dec 31, 2017 10.97 Mn
API Access

TherapeuticsMD 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=TXMD&period=max&api_key=YOUR_API_KEY