Quick Answer
EBR Systems, Inc. reported R&D Expense of $23.94 million for fiscal year 2025.
EBR Systems, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $23.94M | -11.5% |
| 2024 | $27.07M | -0.3% |
| 2023 | $27.15M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $6.24M | -0.9% | +4.9% |
| June 30, 2025 | $5.95M | -20.3% | +9.8% |
| March 31, 2025 | $5.42M | -15.4% | -14.0% |
| September 30, 2024 | $6.30M | -9.5% | -15.7% |
| June 30, 2024 | $7.47M | — | +16.7% |
| March 31, 2024 | $6.40M | — | -8.0% |
| September 30, 2023 | $6.96M | — | — |
- EBR Systems, Inc. showed a decrease of -11.5% in R&D Expense compared to the prior fiscal year.
- Over the 2023–2025 period, EBR Systems, Inc.’s r&d expense has declined by 11.8% (from $27.15 million to $23.94 million).
- The most recent figure is from EBR Systems, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 18, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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