IMDX (IMDX) reported R&D of $4.95M in Q1 2026.

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

IMDX's R&D increased by 69.4% year-over-year, from $2.92M to $4.95M.

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

Over 4 years (2021 to 2025), IMDX's R&D has grown at a 3.9% compound annual growth rate (CAGR), from $13.63M to $15.91M.

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

IMDX IMDX R&D

R&D at other companies

CareDxCDNA

$21.42M+15.6%

Guardant HealthGH

$91.04M+2.8%

Natera, Inc.NTRA

$210.7M+63.2%

Fulgent Genetics, Inc.FLGT

$14.18M+14.4%

Bio-Rad LaboratoriesBIO

$62.9M-14.4%

Agilent TechnologiesA

$126M+12.5%

Other financials

Income statement

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Revenue$32.0K-98.5%

Gross profit$15.0K-98.9%

Operating income-$4.4M+35.1%

Net income-$4.3M+35.7%

EPS (diluted)-$0.12+53.8%

Balance sheet

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Cash & equivalents$28.2M-9.1%

Total debt$2.9M-13.5%

Total equity-$10.7M-205%

Total assets$40.4M-33.0%

Cash flow

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Operating cash flow-$7.6M-30.8%

CapEx$613.0K+99.7%

Free cash flow-$8.3M-34.3%

Valuation

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Market cap$185.35M+92.3%

Enterprise value$160.03M+113%

P/S95.1×+72.5×

Profitability

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Gross margin51.3%-3.0pp

Operating margin-2,500.7%+4,459pp

Net margin-2,454.6%+4,017pp

FCF margin-1,409.7%-6,023pp

Returns & leverage

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Return on equity-532.9%-717pp

Debt / equity2.9×+2.8×

Current ratio2.5×-1.2×

Where this comes from

Reported directly by IMDX in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: IMDX’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is IMDX's R&D?: IMDX (IMDX) reported R&D of $4.95M in Q1 2026.
How has IMDX's R&D changed year-over-year?: IMDX's R&D increased by 69.4% year-over-year, from $2.92M to $4.95M.
What is the long-term trend for IMDX's R&D?: Over 4 years (2021 to 2025), IMDX's R&D has grown at a 3.9% compound annual growth rate (CAGR), from $13.63M to $15.91M.
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.