Aware (AWRE) Research & Development (2009 - 2026)
Aware's Research & Development was $2.3 million in Q3 2026, up 7.7% from $2.13 million a year earlier but down 9.4% from the prior quarter.
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Analysis
Aware (AWRE) Research & Development (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Aware's Research & Development was $10.34 million through Sep 30, 2026, up 31.7% year-over-year; for FY2025, it was $8.3 million, up 7.0% from FY2024.
- Research & Development shows a five-year compound annual growth rate of -1.8% (FY2020 to FY2025).
- In earlier years, Research & Development was $7.76 million in FY2024 (-15.0%), $9.12 million in FY2023 (-1.2%), $9.23 million in FY2022 (-0.3%) and $9.26 million in FY2021 (+1.8%).
- Quarterly Research & Development has moved between $1.84 million (Q4 2024) and $3.22 million (Q1 2026) over five years.
- Compared with a year earlier, Research & Development has increased for six straight quarters, with growth averaging 14.9% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was Q1 2026 (growth of 67.7%); the worst was Q2 2024 (a decline of 17.6%).
- Per Business Quant data, AWRE's Research & Development in the three quarters before Q3 2026 was $2.53 million (Q2 2026), $3.22 million (Q1 2026) and $2.29 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 265.98 Bn | 251.06 Bn | 2.30 Bn | 779.00 Mn |
| 2 | CrowdStrike Holdings | 231.16 Bn | 211.60 Bn | 1.10 Bn | 444.20 Mn |
| 3 | Snowflake | 104.28 Bn | 91.59 Bn | 1.04 Bn | 567.48 Mn |
| 4 | Fortinet | 90.77 Bn | 75.03 Bn | 1.64 Bn | 213.40 Mn |
| 5 | Datadog | 64.41 Bn | 44.95 Bn | 959.92 Mn | 491.57 Mn |
| 6 | Zscaler | 31.78 Bn | 17.94 Bn | 689.22 Mn | 241.48 Mn |
| 7 | Okta | 29.81 Bn | 21.96 Bn | 641.00 Mn | 163.00 Mn |
| 8 | Baidu | 27.12 Bn | -46.32 Bn | 1.80 Bn | 679.00 Mn |
| 9 | MongoDB | 26.74 Bn | 17.21 Bn | 569.77 Mn | 213.87 Mn |
| 10 | Aware | 19.45 Mn | 2.22 Mn | 3.98 Mn | 2.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.30 Mn |
| Jun 30, 2026 | 2.53 Mn |
| Mar 31, 2026 | 3.22 Mn |
| Dec 31, 2025 | 2.29 Mn |
| Sep 30, 2025 | 2.13 Mn |
| Jun 30, 2025 | 1.96 Mn |
| Mar 31, 2025 | 1.92 Mn |
| Dec 31, 2024 | 1.84 Mn |
| Sep 30, 2024 | 1.87 Mn |
| Jun 30, 2024 | 1.87 Mn |
| Mar 31, 2024 | 2.18 Mn |
| Dec 31, 2023 | 2.22 Mn |
| Sep 30, 2023 | 2.26 Mn |
| Jun 30, 2023 | 2.27 Mn |
| Mar 31, 2023 | 2.38 Mn |
| Dec 31, 2022 | 2.30 Mn |
| Sep 30, 2022 | 2.28 Mn |
| Jun 30, 2022 | 2.23 Mn |
| Mar 31, 2022 | 2.42 Mn |
| Dec 31, 2021 | 2.19 Mn |
API Access
Aware Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=AWRE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "AWRE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=AWRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();