What is Vivani Medical's R&D?

Vivani Medical (VANI) reported R&D of $4.39M in Q1 2026.

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

Vivani Medical's R&D increased by 4.1% year-over-year, from $4.22M to $4.39M.

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

Over 4 years (2021 to 2025), Vivani Medical's R&D has grown at a 27.4% compound annual growth rate (CAGR), from $6.87M to $18.13M.

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

Vivani Medical VANI R&D

R&D at other companies

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$3.51B+28.4%

AmgenAMGN

$1.72B+15.7%

AltimmuneALT

$16.19M+2.3%

Viking TherapeuticsVKTX

$150.15M+263%

Wave Life SciencesWVE

$47.44M+16.8%

Prime MedicinePRME

$34.11M-15.9%

Other financials

Income statement

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Revenue-—

Gross profit$130.0K—

Operating income-$6.8M-4.0%

Net income-$6.8M-7.6%

EPS (diluted)-$0.08+27.3%

Balance sheet

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Cash & equivalents$19.0M+57.7%

Total debt$18.3M-3.5%

Total equity$19.1M+64.2%

Total assets$42.4M+19.5%

Cash flow

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Operating cash flow-$6.2M-20.0%

CapEx$3.0K-40.0%

Free cash flow-$6.2M-19.9%

Valuation

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Market cap$106.93M+40.0%

Enterprise value$106.17M+19.3%

Profitability

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Gross margin36.3%—

Operating margin-1,004.9%—

Net margin-994.1%—

FCF margin-832.3%—

Returns & leverage

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Return on equity-176.4%+175pp

Debt / equity1×-0.7×

Current ratio3.2×+0.8×

Where this comes from

Reported directly by Vivani Medical in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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

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Questions, answered.

What is Vivani Medical's R&D?: Vivani Medical (VANI) reported R&D of $4.39M in Q1 2026.
How has Vivani Medical's R&D changed year-over-year?: Vivani Medical's R&D increased by 4.1% year-over-year, from $4.22M to $4.39M.
What is the long-term trend for Vivani Medical's R&D?: Over 4 years (2021 to 2025), Vivani Medical's R&D has grown at a 27.4% compound annual growth rate (CAGR), from $6.87M to $18.13M.
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.