HNGE (HNGE) reported R&D of $30.34M in Q1 2026.

How has HNGE's R&D changed year-over-year?

HNGE's R&D increased by 29.1% year-over-year, from $23.5M to $30.34M.

What is the long-term trend for HNGE's R&D?

Over 2 years (2023 to 2025), HNGE's R&D has grown at a 82.9% compound annual growth rate (CAGR), from $110.06M to $368.14M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

HNGE HNGE R&D

R&D at other companies

StrykerSYK

$413M+2.0%

SolventumSOLV

$189M-2.1%

Zimmer Biomet HoldingsZBH

$103.4M-6.5%

MedtronicMDT

$671M-1.9%

Intuitive SurgicalISRG

$361.9M+14.5%

Segments

By segment

See full

Reportable Segment$25.54M+15.9%

Other financials

Income statement

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Revenue$182.3M+47.2%

Gross profit$154.2M+53.9%

Operating income$32.1M+144%

Net income$35.1M+105%

EPS (diluted)$0.41-68.7%

Balance sheet

See full

Cash & equivalents$188.1M-35.2%

Total debt$7.0M—

Total equity$111.7M+136%

Total assets$728.8M—

Cash flow

See full

Operating cash flow$43.1M+775%

CapEx$83.0K+62.7%

Free cash flow$43.0M+782%

Valuation

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Market cap$5.37B—

Profitability

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Gross margin80.8%+1.5pp

Operating margin-85.8%—

Net margin-83.9%—

FCF margin32.3%—

Returns & leverage

See full

Debt / equity0.1×—

Current ratio1.3×—

Where this comes from

Reported directly by HNGE in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: HNGE’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is HNGE's R&D?: HNGE (HNGE) reported R&D of $30.34M in Q1 2026.
How has HNGE's R&D changed year-over-year?: HNGE's R&D increased by 29.1% year-over-year, from $23.5M to $30.34M.
What is the long-term trend for HNGE's R&D?: Over 2 years (2023 to 2025), HNGE's R&D has grown at a 82.9% compound annual growth rate (CAGR), from $110.06M to $368.14M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.