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Nephros (NEPH) R&D spending by quarter

Nephros' R&D spending was $331K in Q3 2026 (third quarter 2026), -10% from Q2 2026. Over the last 7 quarters it ranged from $295K (Q1 2025) to $395K (Q4 2025).

Nephros R&D spending by quarterNephros R&D spending by quarter$295KQ1 2025$311KQ2 2025$338KQ3 2025$395KQ4 2025$346KQ1 2026$366KQ2 2026$331KQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$331K-10%-2%
Q2 2026$366K+6%+18%
Q1 2026$346K-12%+17%
Q4 2025$395K+17%—
Q3 2025$338K+9%—
Q2 2025$311K+5%—
Q1 2025$295K——

Q3 2026 at a glance

Nephros, Q3 2026: revenue $5.6M (+18% year over year), operating margin 8.9%, net earnings $512K, operating cash flow −$150K. The chart follows the revenue to costs, profit and cash.

Questions

What is Nephros' R&D spending?

Nephros' R&D spending was $331K in Q3 2026 (third quarter 2026), -10% from Q2 2026.

How has Nephros' R&D spending changed?

Over the last 7 quarters it ranged from $295K (Q1 2025) to $395K (Q4 2025).

Q3 2026 results → · How Nephros makes money →