Alerus Financial (ALRS) Research & Development: 2018-2025
Historic Research & Development for Alerus Financial (ALRS) over the last 7 years, with Sep 2025 value amounting to $1.1 million.
- Alerus Financial's Research & Development rose 39.92% to $1.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $3.9 million, marking a year-over-year increase of 29.52%. This contributed to the annual value of $3.2 million for FY2024, which is 7.33% up from last year.
- As of Q3 2025, Alerus Financial's Research & Development stood at $1.1 million, which was up 35.83% from $787,000 recorded in Q2 2025.
- Alerus Financial's 5-year Research & Development high stood at $1.1 million for Q3 2025, and its period low was $600,000 during Q1 2022.
- Over the past 3 years, Alerus Financial's median Research & Development value was $764,000 (recorded in 2024), while the average stood at $814,455.
- Its Research & Development has fluctuated over the past 5 years, first dropped by 18.30% in 2023, then spiked by 40.88% in 2025.
- Quarterly analysis of 5 years shows Alerus Financial's Research & Development stood at $872,000 in 2021, then grew by 19.95% to $1.0 million in 2022, then declined by 15.11% to $888,000 in 2023, then rose by 18.13% to $1.0 million in 2024, then soared by 39.92% to $1.1 million in 2025.
- Its Research & Development was $1.1 million in Q3 2025, compared to $787,000 in Q2 2025 and $965,000 in Q1 2025.