Xtant Medical Holdings (XTNT) Research & Development (2013 - 2025)
Xtant Medical Holdings' Research & Development was $634,000 in Q3 2025, down 9.6% from $701,000 a year earlier but up 12.0% from the prior quarter.
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Analysis
Xtant Medical Holdings (XTNT) Research & Development (2013 - 2025) Analysis & Trends
On a trailing twelve-month basis, Xtant Medical Holdings' Research & Development was $2.17 million through Sep 30, 2025, down 8.1% year-over-year; for FY2024, it came in at $2.39 million, up 78.5% from FY2023.
- Research & Development has now increased for four consecutive years, with a five-year compound annual growth rate of 20.7% (FY2019 to FY2024).
- In earlier years, Research & Development was $1.34 million in FY2023 (+46.0%), $915,000 in FY2022 (+5.2%), $870,000 in FY2021 (+32.4%) and $657,000 in FY2020 (-29.5%).
- Quarterly Research & Development has moved between $128,000 (Q4 2020) and $701,000 (Q3 2024) over five years.
- Compared with a year earlier, Research & Development has declined for three straight quarters, with growth averaging 72.6% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was Q2 2024 (growth of 253.3%); the worst was Q4 2020 (a decline of 50.2%).
- Per Business Quant data, XTNT's Research & Development in the three quarters before Q3 2025 was $566,000 (Q2 2025), $443,000 (Q1 2025) and $522,000 (Q4 2024).
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 | Xtant Medical Holdings | 50.41 Mn | 10.62 Mn | 17.75 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 634,000.00 |
| Jun 30, 2025 | 566,000.00 |
| Mar 31, 2025 | 443,000.00 |
| Dec 31, 2024 | 522,000.00 |
| Sep 30, 2024 | 701,000.00 |
| Jun 30, 2024 | 636,000.00 |
| Mar 31, 2024 | 527,000.00 |
| Dec 31, 2023 | 492,000.00 |
| Sep 30, 2023 | 490,000.00 |
| Jun 30, 2023 | 180,000.00 |
| Mar 31, 2023 | 174,000.00 |
| Dec 31, 2022 | 232,000.00 |
| Sep 30, 2022 | 229,000.00 |
| Jun 30, 2022 | 241,000.00 |
| Mar 31, 2022 | 213,000.00 |
| Dec 31, 2021 | 151,000.00 |
| Sep 30, 2021 | 262,000.00 |
| Jun 30, 2021 | 243,000.00 |
| Mar 31, 2021 | 214,000.00 |
| Dec 31, 2020 | 128,000.00 |
API Access
Xtant Medical Holdings 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=XTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "XTNT", "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=XTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();