Alerus Financial (ALRS) Research & Development (2018 - 2026)
Alerus Financial (ALRS) posted quarterly Research & Development of $361000.0 for Q1 2026, down 62.59% year-over-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.
- In Q1 2026, Research & Development fell 62.59% year-over-year to $361000.0; the TTM figure through Mar 2026 stood at $140000.0 (down 88.92% YoY), while the FY2025 annual figure was $1.4 million, up 1.78% from the prior year.
- Research & Development for Q1 2026 stood at $361000.0, up from -$1.4 million in the prior quarter.
- The five-year high for Research & Development was $2.5 million in Q4 2022, with the low at -$1.4 million in Q4 2025.
- The 5-year median for Research & Development is $385000.0 (2025), against an average of $466764.7.
- The sharpest annual moves came in 2022 and 2024: Research & Development surged 1125.24% in 2022, then plunged 354.63% in 2024.
- Alerus Financial's Research & Development stood at $2.5 million in 2022, then tumbled by 87.6% to $313000.0 in 2023, then slumped by 354.63% to -$797000.0 in 2024, then slumped by 74.78% to -$1.4 million in 2025, then soared by 125.92% to $361000.0 in 2026.
- Business Quant data shows ALRS's Research & Development at $361000.0 in Q1 2026, -$1.4 million in Q4 2025, and $385000.0 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 250.00 Mn |
| 10 | Alerus Financial | 821.28 Mn | 657.73 Mn | - | 869,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 869,000.00 |
| 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 |