What is Sanara MedTech Inc.'s R&D?

Sanara MedTech Inc. (SMTI) reported R&D of $759.59K in Q1 2026.

How has Sanara MedTech Inc.'s R&D changed year-over-year?

Sanara MedTech Inc.'s R&D decreased by 20.1% year-over-year, from $950.36K to $759.59K.

What is the long-term trend for Sanara MedTech Inc.'s R&D?

Over 4 years (2021 to 2025), Sanara MedTech Inc.'s R&D has grown at a 75.3% compound annual growth rate (CAGR), from $558.7K to $5.27M.

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

Sanara MedTech Inc. SMTI R&D

R&D at other companies

Becton, Dickinson and CompanyBDX

$249M+7.3%

StrykerSYK

$413M+2.0%

IAR

Integra LifeSciencesIART

$23.5M-5.0%

SolventumSOLV

$189M-2.1%

Orthofix Medical Inc.OFIX

$15.32M-22.5%

ClearPoint NeuroCLPT

$4.52M+33.8%

Other financials

Income statement

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Revenue$27.8M+18.6%

Gross profit$25.9M+19.8%

Operating income$2.6M+221%

Net income$459.0K+113%

EPS (diluted)$0.05+112%

Balance sheet

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Cash & equivalents$13.6M-34.3%

Total debt$48.4M+8.2%

Total equity$7.0M-80.8%

Total assets$69.3M-28.1%

Cash flow

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Operating cash flow-$2.5M-23.3%

CapEx$43.8K-97.5%

Free cash flow-$2.5M+32.6%

Valuation

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Market cap$216.18M-9.7%

Enterprise value$250.95M-6.5%

P/S2×-0.5×

Profitability

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Gross margin92.9%+1.8pp

Operating margin6.1%+5.1pp

Net margin-31.2%-93.4pp

FCF margin-9.8%-3.5pp

Returns & leverage

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Return on equity-153.7%-199pp

Debt / equity6.9×+5.7×

Current ratio2.3×-0.5×

Where this comes from

Reported directly by Sanara MedTech Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Sanara MedTech Inc.’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sanara MedTech Inc.'s R&D?: Sanara MedTech Inc. (SMTI) reported R&D of $759.59K in Q1 2026.
How has Sanara MedTech Inc.'s R&D changed year-over-year?: Sanara MedTech Inc.'s R&D decreased by 20.1% year-over-year, from $950.36K to $759.59K.
What is the long-term trend for Sanara MedTech Inc.'s R&D?: Over 4 years (2021 to 2025), Sanara MedTech Inc.'s R&D has grown at a 75.3% compound annual growth rate (CAGR), from $558.7K to $5.27M.
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.