KMTS (KMTS) reported R&D of $4.97M in Q4 2025.

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

KMTS's R&D increased by 48.3% year-over-year, from $3.35M to $4.97M.

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

KMTS KMTS R&D

R&D at other companies

AbbottABT

$767M+7.1%

MedtronicMDT

$671M-1.9%

iRhythm Holdings, Inc. IRTC

$21.36M-0.7%

Merit Medical SystemsMMSI

$22.61M+0.6%

HaemoneticsHAE

$14.45M-21.1%

ICU MedicalICUI

$21.28M-8.6%

Other financials

Income statement

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Revenue$24.6M+62.7%

Gross profit$12.9M+97.1%

Operating income-$34.8M-68.8%

Net income-$34.2M-58.8%

EPS (diluted)-$0.61+51.2%

Balance sheet

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Cash & equivalents$291.3M+436%

Total debt$43.8M—

Total assets$379.3M—

Cash flow

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Operating cash flow-$18.4M-2.1%

CapEx$9.8M+141%

Free cash flow-$28.2M-27.7%

Valuation

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Market cap$1.29B+70.8%

Enterprise value$1.04B—

P/S15.4×—

Profitability

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Gross margin48.8%+15.1pp

Operating margin-171.5%+12.9pp

Net margin-173%+0.8pp

FCF margin-142.9%-25.3pp

Returns & leverage

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Current ratio7.3×—

Where this comes from

Reported directly by KMTS in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: KMTS’s 10-Q, filed March 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is KMTS's R&D?: KMTS (KMTS) reported R&D of $4.97M in Q4 2025.
How has KMTS's R&D changed year-over-year?: KMTS's R&D increased by 48.3% year-over-year, from $3.35M to $4.97M.
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.