Kamada annual r&d spending
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Kamada R&D Spending Growth & History (KMDA)
Kamada's r&d spending was $13.0M for fiscal 2025.
View full Kamada company overviewKamada annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $13.0M | −$2.2M | −14.42% |
| 2024 | 2024-12-31 | $15.2M | $1.3M | +8.99% |
| 2023 | 2023-12-31 | $13.9M | $761,000 | +5.78% |
| 2022 | 2022-12-31 | $13.2M | $1.8M | +15.98% |
| 2021 | 2021-12-31 | $11.4M | −$2.3M | −16.55% |
| 2020 | 2020-12-31 | $13.6M | $550,000 | +4.21% |
| 2019 | 2019-12-31 | $13.1M | $3.3M | +33.98% |
| 2018 | 2018-12-31 | $9.7M | −$2.2M | −18.59% |
| 2017 | 2017-12-31 | $12.0M | −$4.3M | −26.30% |
| 2016 | 2016-12-31 | $16.2M | −$285,000 | −1.72% |
| 2015 | 2015-12-31 | $16.5M | — | — |
Kamada quarterly r&d spending
Q3.20
Q2.21
Q3.21
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 | $2.2M | −$1.0M | −31.66% |
| Q1 2026 | 2026-03-31 | $2.2M | −$2.1M | −48.63% |
| Q4 2025 | 2025-12-31 | $2.9M | $221,000 | +8.27% |
| Q3 2025 | 2025-09-30 | $2.6M | −$778,000 | −22.79% |
| Q2 2025 | 2025-06-30 | $3.2M | −$1.6M | −32.98% |
| Q1 2025 | 2025-03-31 | $4.2M | −$49,000 | −1.14% |
| Q4 2024 | 2024-12-31 | $2.7M | −$566,000 | −17.47% |
| Q3 2024 | 2024-09-30 | $3.4M | $234,000 | +7.36% |
| Q2 2024 | 2024-06-30 | $4.8M | $520,000 | +12.14% |
| Q1 2024 | 2024-03-31 | $4.3M | $1.1M | +32.93% |
| Q4 2023 | 2023-12-31 | $3.2M | $248,000 | +8.29% |
| Q3 2023 | 2023-09-30 | $3.2M | $62,000 | +1.99% |
| Q2 2023 | 2023-06-30 | $4.3M | $1.6M | +62.05% |
| Q1 2023 | 2023-03-31 | $3.2M | −$1.2M | −26.90% |
| Q4 2022 | 2022-12-31 | $3.0M | — | — |
| Q3 2022 | 2022-09-30 | $3.1M | $573,000 | +22.51% |
| Q2 2022 | 2022-06-30 | $2.6M | −$93,000 | −3.40% |
| Q1 2022 | 2022-03-31 | $4.4M | — | — |
| Q3 2021 | 2021-09-30 | $2.5M | −$820,000 | −24.37% |
| Q2 2021 | 2021-06-30 | $2.7M | — | — |
| Q3 2020 | 2020-09-30 | $3.4M | — | — |
Kamada r&d spending trends
Over the last five fiscal years, Kamada's r&d spending decreased from $13.6M to $13.0M, a change of −$614,000. The latest reported quarter, Q2 2026, shows $2.2M.
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 Kamada source filings ↗