Utah Medical Products (UTMD) Research & Development (2009 - 2026)
Utah Medical Products' Research & Development was $154,000 in Q2 2026, up 14.1% from $135,000 a year earlier and unchanged from the prior quarter.
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Analysis
Utah Medical Products (UTMD) Research & Development (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Utah Medical Products' Research & Development was $687,000 through Jun 30, 2026, up 18.0% year-over-year; for FY2025, it was $668,000, down 17.8% from FY2024.
- Research & Development shows a five-year compound annual growth rate of 6.6% (FY2020 to FY2025).
- In earlier years, Research & Development was $813,000 in FY2024 (+45.2%), $560,000 in FY2023 (+13.6%), $493,000 in FY2022 (-6.3%) and $526,000 in FY2021 (+8.2%).
- Quarterly Research & Development has moved between $112,000 (Q3 2022) and $266,000 (Q1 2024) over five years.
- Compared with a year earlier, Research & Development was higher in three of the last eight quarters, with growth averaging 0.6%.
- The best year-over-year quarter for Research & Development over five years was Q2 2024 (growth of 91.7%); the worst was Q2 2025 (a decline of 47.1%).
- Per Business Quant data, UTMD's Research & Development in the three quarters before Q2 2026 was $154,000 (Q1 2026), $212,000 (Q4 2025) and $167,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 348.00 Mn |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 920.00 Mn |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 433.00 Mn |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 408.30 Mn |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 433.00 Mn |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 520.00 Mn |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 281.40 Mn |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | - |
| 10 | Utah Medical Products | 228.50 Mn | -117.39 Mn | 4.84 Mn | 142,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 142,000.00 |
| Jun 30, 2026 | 154,000.00 |
| Mar 31, 2026 | 154,000.00 |
| Dec 31, 2025 | 212,000.00 |
| Sep 30, 2025 | 167,000.00 |
| Jun 30, 2025 | 135,000.00 |
| Mar 31, 2025 | 154,000.00 |
| Dec 31, 2024 | 121,000.00 |
| Sep 30, 2024 | 172,000.00 |
| Jun 30, 2024 | 255,000.00 |
| Mar 31, 2024 | 266,000.00 |
| Dec 31, 2023 | 146,000.00 |
| Sep 30, 2023 | 138,000.00 |
| Jun 30, 2023 | 133,000.00 |
| Mar 31, 2023 | 144,000.00 |
| Dec 31, 2022 | 123,000.00 |
| Sep 30, 2022 | 112,000.00 |
| Jun 30, 2022 | 135,000.00 |
| Mar 31, 2022 | 123,000.00 |
| Dec 31, 2021 | 141,000.00 |
API Access
Utah Medical Products 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=UTMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "UTMD", "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=UTMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();