HeartBeam annual r&d spending
2020
2021
2022
2023
2024
2025
HeartBeam R&D Spending Growth & History (BEATW)
HeartBeam's r&d spending was $13.4M for fiscal 2025.
View full HeartBeam company overviewHeartBeam annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $13.4M | $2.4M | +21.71% |
| 2024 | 2024-12-31 | $11.1M | $4.3M | +62.56% |
| 2023 | 2023-12-31 | $6.8M | $1.1M | +19.75% |
| 2022 | 2022-12-31 | $5.7M | $5.4M | +2126.27% |
| 2021 | 2021-12-31 | $255,000 | $122,000 | +91.73% |
| 2020 | 2020-12-31 | $133,000 | — | — |
HeartBeam quarterly r&d spending
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.3M | −$998,000 | −30.01% |
| Q1 2026 | 2026-03-31 | $2.4M | −$1.1M | −32.13% |
| Q4 2025 | 2025-12-31 | $3.4M | $468,000 | +16.22% |
| Q3 2025 | 2025-09-30 | $3.3M | $385,000 | +13.31% |
| Q2 2025 | 2025-06-30 | $3.3M | $482,000 | +16.95% |
| Q1 2025 | 2025-03-31 | $3.5M | $1.1M | +43.82% |
| Q4 2024 | 2024-12-31 | $2.9M | $876,000 | +43.58% |
| Q3 2024 | 2024-09-30 | $2.9M | $1.3M | +78.25% |
| Q2 2024 | 2024-06-30 | $2.8M | $1.4M | +91.64% |
| Q1 2024 | 2024-03-31 | $2.4M | $747,000 | +44.44% |
| Q4 2023 | 2023-12-31 | $2.0M | $371,000 | +22.64% |
| Q3 2023 | 2023-09-30 | $1.6M | $61,000 | +3.91% |
| Q2 2023 | 2023-06-30 | $1.5M | −$258,000 | −14.81% |
| Q1 2023 | 2023-03-31 | $1.7M | $947,000 | +129.02% |
| Q4 2022 | 2022-12-31 | $1.6M | $1.5M | +1607.29% |
| Q3 2022 | 2022-09-30 | $1.6M | $1.5M | +1387.62% |
| Q2 2022 | 2022-06-30 | $1.7M | $1.7M | +6868.00% |
| Q1 2022 | 2022-03-31 | $734,000 | $705,000 | +2431.03% |
| Q4 2021 | 2021-12-31 | $96,000 | — | — |
| Q3 2021 | 2021-09-30 | $105,000 | $48,000 | +84.21% |
| Q2 2021 | 2021-06-30 | $25,000 | — | — |
| Q1 2021 | 2021-03-31 | $29,000 | — | — |
| Q3 2020 | 2020-09-30 | $57,000 | — | — |
HeartBeam r&d spending trends
Over the last five fiscal years, HeartBeam's r&d spending increased from $133,000 to $13.4M, a change of $13.3M. The latest reported quarter, Q2 2026, shows $2.3M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review HeartBeam source filings ↗