Viemed Healthcare (VMD) Research & Development (2019 - 2026)
Viemed Healthcare's Research & Development was $504,000 in Q2 2026, down 40.5% from $847,000 a year earlier and down 13.0% from the prior quarter.
Powered by 
Analysis
Viemed Healthcare (VMD) Research & Development (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Viemed Healthcare's Research & Development was $2.46 million through Jun 30, 2026, down 23.3% year-over-year; for FY2025, it was $3.02 million, down 1.7% from FY2024.
- Research & Development shows a five-year compound annual growth rate of 22.7% (FY2020 to FY2025).
- In earlier years, Research & Development was $3.07 million in FY2024 (+10.3%), $2.78 million in FY2023 (+3.2%), $2.7 million in FY2022 (+27.8%) and $2.11 million in FY2021 (+94.8%).
- The Q2 2026 figure marks the lowest quarterly Research & Development since Q1 2021.
- Compared with a year earlier, Research & Development has declined for three straight quarters, with an average decline of 2.7% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was Q3 2021 (growth of 137.0%); the worst was Q2 2026 (a decline of 40.5%).
- Per Business Quant data, VMD's Research & Development in the three quarters before Q2 2026 was $579,000 (Q1 2026), $598,000 (Q4 2025) and $775,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 228.07 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | - |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | - |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 96.53 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 52.64 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | - |
| 10 | Viemed Healthcare | 346.98 Mn | 303.85 Mn | 45.05 Mn | 504,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 504,000.00 |
| Mar 31, 2026 | 579,000.00 |
| Dec 31, 2025 | 598,000.00 |
| Sep 30, 2025 | 775,000.00 |
| Jun 30, 2025 | 847,000.00 |
| Mar 31, 2025 | 797,000.00 |
| Dec 31, 2024 | 803,000.00 |
| Sep 30, 2024 | 757,000.00 |
| Jun 30, 2024 | 758,000.00 |
| Mar 31, 2024 | 750,000.00 |
| Dec 31, 2023 | 651,000.00 |
| Sep 30, 2023 | 593,000.00 |
| Jun 30, 2023 | 758,000.00 |
| Mar 31, 2023 | 780,000.00 |
| Dec 31, 2022 | 722,000.00 |
| Sep 30, 2022 | 670,000.00 |
| Jun 30, 2022 | 672,000.00 |
| Mar 31, 2022 | 632,000.00 |
| Dec 31, 2021 | 612,000.00 |
| Sep 30, 2021 | 576,000.00 |
API Access
Viemed Healthcare 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=VMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "VMD", "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=VMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();