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
DateValue
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