Alerus Financial (ALRS) Research & Development (2018 - 2026)
Alerus Financial's (ALRS) quarterly Research & Development came in at $361000.0 in Q1 2026, down 62.59% year-on-year from $965000.0 in Q1 2025, and up 125.92% quarter-over-quarter from -$1.4 million in Q4 2025.
Alerus Financial (ALRS) Research & Development (2018 - 2026) Analysis & Trends
Alerus Financial's Research & Development history runs 9 years deep, the most recent figure standing at $361000.0 for Q1 2026.
- On a quarterly basis, Research & Development fell 62.59% year-over-year to $361000.0 in Q1 2026; TTM through Mar 2026 was $140000.0, a 88.92% decrease from a year earlier, with the FY2025 full-year figure at $1.4 million, up 1.78% from the prior year.
- Research & Development advanced to $361000.0 in Q1 2026 per ALRS's latest filing, from -$1.4 million in the prior quarter.
- Across five years, Research & Development topped out at $2.5 million in Q4 2022 and bottomed at -$1.4 million in Q4 2025.
- The 5-year median for Research & Development is $385000.0 (2025), against an average of $466764.7.
- Across the five-year window, Research & Development surged 1125.24% in 2022 and sank 354.63% in 2024, its largest moves.
- Year by year, Research & Development stood at $2.5 million in 2022, then slumped by 87.6% to $313000.0 in 2023, then sank by 354.63% to -$797000.0 in 2024, then sank by 74.78% to -$1.4 million in 2025, then jumped by 125.92% to $361000.0 in 2026.
- Per Business Quant, the three latest ALRS Research & Development figures stand at $361000.0 (Q1 2026), -$1.4 million (Q4 2025), and $385000.0 (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 1.10 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 554,000.00 |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | - |
| 10 | Alerus Financial | 816.47 Mn | 685.89 Mn | - | 361,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 361,000.00 |
| Dec 31, 2025 | -1.39 Mn |
| Sep 30, 2025 | 385,000.00 |
| Jun 30, 2025 | 787,000.00 |
| Mar 31, 2025 | 965,000.00 |
| Dec 31, 2024 | -797,000.00 |
| Sep 30, 2024 | 764,000.00 |
| Jun 30, 2024 | 332,000.00 |
| Mar 31, 2024 | 685,000.00 |
| Dec 31, 2023 | 313,000.00 |
| Sep 30, 2023 | 750,000.00 |
| Jun 30, 2023 | 306,000.00 |
| Mar 31, 2023 | 248,000.00 |
| Dec 31, 2022 | 2.52 Mn |
| Sep 30, 2022 | 291,000.00 |
| Jun 30, 2022 | 814,000.00 |
| Mar 31, 2022 | 600,000.00 |
| Dec 31, 2021 | 206,000.00 |
| Sep 30, 2021 | 174,000.00 |
| Jun 30, 2021 | 769,000.00 |