Bragg Gaming (BRAG) Research & Development (2020 - 2025)

Bragg Gaming's (BRAG) quarterly Research & Development came in at -$575037.5 in Q4 2025, down 36.23% year-on-year from -$901794.4 in Q4 2024, and down 79.52% quarter-over-quarter from -$320321.1 in Q3 2025.

Bragg Gaming (BRAG) Research & Development (2020 - 2025) Analysis & Trends

Bragg Gaming has disclosed Research & Development across 6 years of filings, most recently posting -$575037.5 for Q4 2025.

  • Research & Development for Q4 2025 came in at -$575037.5, down 36.23% year-over-year; the trailing twelve-month figure through Dec 2025 was -$1.7 million (down 50.66% YoY), and the FY2025 annual result was -$1.7 million, down 50.16% from the prior year.
  • Research & Development came in at -$575037.5 for Q4 2025 at Bragg Gaming, down from -$320321.1 in the prior quarter.
  • In the past five years, Research & Development ranged from a high of -$33719.6 in Q2 2021 to a low of -$575037.5 in Q4 2025.
  • The 5-year median for Research & Development is -$233567.8 (2024), against an average of -$260484.0.
  • Across the five-year window, Research & Development plunged 794.21% in 2021 and soared 35.57% in 2023, its largest moves.
  • Bragg Gaming's Research & Development stood at -$73115.8 in 2021, then plunged by 156.5% to -$187539.0 in 2022, then sank by 122.6% to -$417464.7 in 2023, then fell by 1.11% to -$422095.2 in 2024, then slumped by 36.23% to -$575037.5 in 2025.
  • The last three Research & Development figures came in at -$575037.5 (Q4 2025), -$320321.1 (Q3 2025), and -$490138.5 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Flutter Entertainment 19.50 Bn 18.41 Bn 1.84 Bn 259.00 Mn
2 DraftKings 14.35 Bn 13.34 Bn 696.69 Mn 123.18 Mn
3 Churchill Downs 6.09 Bn 5.94 Bn 475.00 Mn -
4 Rush Street Interactive 3.02 Bn 2.85 Bn 132.17 Mn -
5 Brightstar Lottery 2.21 Bn 1.97 Bn 553.00 Mn 14.00 Mn
6 Accel Entertainment 1.09 Bn 823.10 Mn 109.94 Mn -
7 Codere Online Luxembourg 520.93 Mn 451.51 Mn - -
8 Bragg Gaming 252.59 Mn 244.84 Mn 18.22 Mn -575,037.50
9 Inspired Entertainment 243.39 Mn 199.89 Mn 54.60 Mn -
10 High Roller Technologies 54.05 Mn 51.39 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 -575,037.50
Sep 30, 2025 -320,321.10
Jun 30, 2025 -490,138.54
Mar 31, 2025 -348,173.75
Dec 31, 2024 -422,095.18
Sep 30, 2024 -261,376.24
Jun 30, 2024 -233,684.60
Mar 31, 2024 -233,567.78
Dec 31, 2023 -417,464.68
Sep 30, 2023 -120,833.54
Jun 30, 2023 -221,051.65
Mar 31, 2023 -202,861.60
Sep 30, 2022 -187,539.03
Jun 30, 2022 -196,338.43
Mar 31, 2022 -90,909.36
Sep 30, 2021 -73,115.81
Jun 30, 2021 -33,719.60
Sep 30, 2020 -8,176.54