BayFirst Financial (BAFN) Research & Development (2020 - 2026)

BayFirst Financial (BAFN) has 7 years of Research & Development data on file, last reported at $1.5 million in Q1 2026.

• Quarterly Research & Development fell 27.19% year-over-year to $1.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.3 million (up 1.01% YoY) and the FY2025 annual result came in at $7.9 million, up 16.52% from the prior year.
• Research & Development retreated to $1.5 million in Q1 2026 per BAFN's latest filing, from $1.7 million in the prior quarter.
• Across five years, Research & Development topped out at $2.1 million in Q2 2025 and bottomed at $1.1 million in Q2 2022.
• The 5-year median for Research & Development is $1.5 million (2023), against an average of $1.6 million.
• Peak annual rise in Research & Development reached 31.31% in 2022, while the deepest fall reached 58.2% in 2022.
• Tracing BAFN's Research & Development over 5 years: stood at $1.3 million in 2022, then climbed by 5.96% to $1.4 million in 2023, then advanced by 23.0% to $1.7 million in 2024, then fell by 3.54% to $1.7 million in 2025, then retreated by 11.74% to $1.5 million in 2026.
• Per Business Quant, the three latest BAFN Research & Development figures stand at $1.5 million (Q1 2026), $1.7 million (Q4 2025), and $2.0 million (Q3 2025).

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