Btcs (BTCS) Research & Development (2011 - 2025)
Btcs' (BTCS) quarterly Research & Development came in at $131048.0 in Q4 2025, down 43.55% YoY from $232155.0 in Q4 2024, and down 9.99% on a QoQ basis from $145592.0 in Q3 2025.
Btcs (BTCS) Research & Development (2011 - 2025) Analysis & Trends
Btcs (BTCS) has 13 years of Research & Development data on file, last reported at $131048.0 in Q4 2025.
- Quarterly Research & Development fell 43.55% year-over-year to $131048.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $679434.0 (down 10.11% YoY) and the FY2025 annual result came in at $679434.0, down 10.11% from the prior year.
- Research & Development slipped to $131048.0 in Q4 2025, from $145592.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $273909.0 in Q3 2021 to a low of $82933.0 in Q1 2021.
- A 5-year average of $172351.4 and a median of $163478.0 in 2022 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 64.85% in 2022, down 53.69% in 2022.
- Tracing BTCS's Research & Development over 5 years: stood at $110558.0 in 2021, then surged by 47.6% to $163179.0 in 2022, then dropped by 4.26% to $156235.0 in 2023, then soared by 48.59% to $232155.0 in 2024, then plunged by 43.55% to $131048.0 in 2025.
- The last three Research & Development figures came in at $131048.0 (Q4 2025), $145592.0 (Q3 2025), and $193543.0 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 1.20 Bn |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 635.00 Mn |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | - |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | -65.09 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 256.00 Mn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | - |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | - |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 26.20 Mn |
| 10 | Btcs | 35.51 Mn | 33.39 Mn | 879,072.00 | 131,048.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 131,048.00 |
| Sep 30, 2025 | 145,592.00 |
| Jun 30, 2025 | 193,543.00 |
| Mar 31, 2025 | 209,251.00 |
| Dec 31, 2024 | 232,155.00 |
| Sep 30, 2024 | 213,332.00 |
| Jun 30, 2024 | 163,777.00 |
| Mar 31, 2024 | 146,549.00 |
| Dec 31, 2023 | 156,235.00 |
| Sep 30, 2023 | 148,525.00 |
| Jun 30, 2023 | 180,903.00 |
| Mar 31, 2023 | 201,625.00 |
| Dec 31, 2022 | 163,179.00 |
| Sep 30, 2022 | 126,857.00 |
| Jun 30, 2022 | 185,004.00 |
| Mar 31, 2022 | 136,718.00 |
| Dec 31, 2021 | 110,558.00 |
| Sep 30, 2021 | 273,909.00 |
| Jun 30, 2021 | 245,336.00 |
| Mar 31, 2021 | 82,933.00 |