Nuwellis annual r&d spending
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Nuwellis R&D Spending Growth & History (NUWE)
Nuwellis's r&d spending was $2.7M for fiscal 2025.
View full Nuwellis company overviewNuwellis annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.7M | −$497,000 | −15.49% |
| 2024 | 2024-12-31 | $3.2M | −$2.2M | −40.82% |
| 2023 | 2023-12-31 | $5.4M | $1.1M | +24.87% |
| 2022 | 2022-12-31 | $4.3M | −$636,000 | −12.78% |
| 2021 | 2021-12-31 | $5.0M | $1.3M | +35.71% |
| 2020 | 2020-12-31 | $3.7M | −$1.0M | −21.49% |
| 2019 | 2019-12-31 | $4.7M | $1.6M | +53.03% |
| 2018 | 2018-12-31 | $3.1M | $1.6M | +106.14% |
| 2017 | 2017-12-31 | $1.5M | −$6.6M | −81.74% |
| 2016 | 2016-12-31 | $8.1M | −$9.6M | −54.11% |
| 2015 | 2015-12-31 | $17.7M | $798,000 | +4.73% |
| 2014 | 2014-12-31 | $16.9M | $3.4M | +24.96% |
| 2013 | 2013-12-31 | $13.5M | $5.5M | +68.74% |
| 2012 | 2012-12-31 | $8.0M | −$3.2M | −28.54% |
| 2011 | 2011-12-31 | $11.2M | — | — |
Nuwellis quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $942,000 | $267,000 | +39.56% |
| Q1 2026 | 2026-03-31 | $1.7M | $1.2M | +214.18% |
| Q4 2025 | 2025-12-31 | $884,000 | $53,000 | +6.38% |
| Q3 2025 | 2025-09-30 | $603,000 | $117,000 | +24.07% |
| Q2 2025 | 2025-06-30 | $675,000 | $117,000 | +20.97% |
| Q1 2025 | 2025-03-31 | $550,000 | −$784,000 | −58.77% |
| Q4 2024 | 2024-12-31 | $831,000 | −$541,000 | −39.43% |
| Q3 2024 | 2024-09-30 | $486,000 | −$631,000 | −56.49% |
| Q2 2024 | 2024-06-30 | $558,000 | −$947,000 | −62.92% |
| Q1 2024 | 2024-03-31 | $1.3M | −$94,000 | −6.58% |
| Q4 2023 | 2023-12-31 | $1.4M | $171,000 | +14.24% |
| Q3 2023 | 2023-09-30 | $1.1M | $189,000 | +20.37% |
| Q2 2023 | 2023-06-30 | $1.5M | $398,000 | +35.95% |
| Q1 2023 | 2023-03-31 | $1.4M | $322,000 | +29.11% |
| Q4 2022 | 2022-12-31 | $1.2M | $70,000 | +6.19% |
| Q3 2022 | 2022-09-30 | $928,000 | −$798,000 | −46.23% |
| Q2 2022 | 2022-06-30 | $1.1M | −$67,000 | −5.71% |
| Q1 2022 | 2022-03-31 | $1.1M | $159,000 | +16.79% |
| Q4 2021 | 2021-12-31 | $1.1M | $83,000 | +7.92% |
| Q3 2021 | 2021-09-30 | $1.7M | $855,000 | +98.16% |
| Q2 2021 | 2021-06-30 | $1.2M | $289,000 | +32.66% |
| Q1 2021 | 2021-03-31 | $947,000 | $83,000 | +9.61% |
| Q4 2020 | 2020-12-31 | $1.0M | $95,000 | +9.97% |
| Q3 2020 | 2020-09-30 | $871,000 | −$241,000 | −21.67% |
| Q2 2020 | 2020-06-30 | $885,000 | −$412,000 | −31.77% |
| Q1 2020 | 2020-03-31 | $864,000 | −$446,000 | −34.05% |
| Q4 2019 | 2019-12-31 | $953,000 | $7,000 | +0.74% |
| Q3 2019 | 2019-09-30 | $1.1M | $127,000 | +12.89% |
| Q2 2019 | 2019-06-30 | $1.3M | $654,000 | +101.71% |
| Q1 2019 | 2019-03-31 | $1.3M | $831,000 | +173.49% |
| Q4 2018 | 2018-12-31 | $946,000 | $467,000 | +97.49% |
| Q3 2018 | 2018-09-30 | $985,000 | $618,000 | +168.39% |
| Q2 2018 | 2018-06-30 | $643,000 | $316,000 | +96.64% |
| Q1 2018 | 2018-03-31 | $479,000 | $171,000 | +55.52% |
| Q4 2017 | 2017-12-31 | $479,000 | −$119,000 | −19.90% |
| Q3 2017 | 2017-09-30 | $367,000 | −$1.4M | −78.85% |
| Q2 2017 | 2017-06-30 | $327,000 | −$2.2M | −87.28% |
| Q1 2017 | 2017-03-31 | $308,000 | −$2.9M | −90.39% |
| Q4 2016 | 2016-12-31 | $598,000 | −$3.7M | −85.99% |
| Q3 2016 | 2016-09-30 | $1.7M | −$2.8M | −61.85% |
| Q2 2016 | 2016-06-30 | $2.6M | −$1.4M | −35.61% |
| Q1 2016 | 2016-03-31 | $3.2M | −$1.7M | −34.10% |
| Q4 2015 | 2015-12-31 | $4.3M | −$322,000 | −7.02% |
| Q3 2015 | 2015-09-30 | $4.5M | $740,000 | +19.43% |
| Q2 2015 | 2015-06-30 | $4.0M | −$422,000 | −9.56% |
| Q1 2015 | 2015-03-31 | $4.9M | $802,000 | +19.74% |
| Q4 2014 | 2014-12-31 | $4.6M | $409,000 | +9.78% |
| Q3 2014 | 2014-09-30 | $3.8M | $61,000 | +1.63% |
| Q2 2014 | 2014-06-30 | $4.4M | $1.3M | +40.10% |
| Q1 2014 | 2014-03-31 | $4.1M | $1.6M | +67.48% |
| Q4 2013 | 2013-12-31 | $4.2M | $1.9M | +85.99% |
| Q3 2013 | 2013-09-30 | $3.7M | $1.9M | +107.94% |
| Q2 2013 | 2013-06-30 | $3.1M | $1.4M | +76.27% |
| Q1 2013 | 2013-03-31 | $2.4M | $260,000 | +12.00% |
| Q4 2012 | 2012-12-31 | $2.2M | −$1.0M | −31.04% |
| Q3 2012 | 2012-09-30 | $1.8M | −$1.5M | −44.94% |
| Q2 2012 | 2012-06-30 | $1.8M | −$587,000 | −24.73% |
| Q1 2012 | 2012-03-31 | $2.2M | −$126,000 | −5.50% |
| Q4 2011 | 2011-12-31 | $3.3M | — | — |
| Q3 2011 | 2011-09-30 | $3.3M | — | — |
| Q2 2011 | 2011-06-30 | $2.4M | — | — |
| Q1 2011 | 2011-03-31 | $2.3M | — | — |
Nuwellis r&d spending trends
Over the last five fiscal years, Nuwellis's r&d spending decreased from $3.7M to $2.7M, a change of −$956,000. The latest reported quarter, Q2 2026, shows $942,000.
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 Nuwellis source filings ↗