Btcs (BTCS) Research & Development (2015 - 2026)
Btcs' Research & Development was $82,056 in Q2 2026, down 57.6% from $193,543 a year earlier.
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Analysis
Btcs (BTCS) Research & Development (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Btcs' Research & Development was $552,239 through Jun 30, 2026, down 34.9% year-over-year; for FY2025, it was $679,434, down 10.1% from FY2024.
- Research & Development shows a five-year compound annual growth rate of 71.8% (FY2020 to FY2025).
- In earlier years, Research & Development was $755,813 in FY2024 (+10.0%), $687,288 in FY2023 (+12.3%), $611,758 in FY2022 (-14.2%) and $712,736 in FY2021.
- The Q2 2026 figure marks the lowest quarterly Research & Development since Q3 2016.
- Compared with a year earlier, Research & Development was higher in four of the last seven quarters, with growth averaging 2.9%.
- The best year-over-year quarter for Research & Development over five years was Q1 2022 (growth of 64.9%); the worst was Q2 2026 (a decline of 57.6%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.41 Bn | 8.63 Bn | - | 849.00 Mn |
| 2 | Block | 47.18 Bn | 18.48 Bn | 3.17 Bn | 608.66 Mn |
| 3 | Coinbase Global | 46.93 Bn | 3.73 Bn | - | 472.85 Mn |
| 4 | Corpay | 26.11 Bn | 16.00 Bn | - | - |
| 5 | Fiserv | 25.35 Bn | 22.03 Bn | 2.90 Bn | - |
| 6 | Global Payments | 22.66 Bn | 447.70 Mn | 2.03 Bn | - |
| 7 | Guidewire Software | 14.24 Bn | 10.80 Bn | 269.68 Mn | 90.59 Mn |
| 8 | Bitmine Immersion Technologies | 12.32 Bn | 9.70 Bn | 40.81 Mn | - |
| 9 | Chime Financial | 11.32 Bn | 7.11 Bn | 594.87 Mn | 112.11 Mn |
| 10 | Btcs | 57.24 Mn | 50.32 Mn | 1.49 Mn | 82,056.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82,056.00 |
| 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 |
API Access
Btcs 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=BTCS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "BTCS", "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=BTCS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();