Btcs BTCS
NASDAQ BTCS
$1.60 +0.21 (+15.11%)
At close: Sep 18, 2026 · 4:00 PM EDT

Btcs (BTCS) Research & Development (2011 - 2026)

Btcs' (BTCS) quarterly Research & Development came in at $82056.0 in Q2 2026, down 57.6% on a YoY basis from $193543.0 in Q2 2025, and down 37.38% quarter-over-quarter from $131048.0 in Q4 2025.

Analysis

Btcs (BTCS) Research & Development (2011 - 2026) Analysis & Trends

Btcs (BTCS) has reported Research & Development for 14 consecutive years, with $82056.0 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development fell 57.6% year-over-year to $82056.0; the trailing twelve-month figure through Jun 2026 stood at $552239.0 (down 34.9% YoY), and the FY2025 full-year result was $679434.0, down 10.11% from the prior year.
  • Research & Development slipped to $82056.0 in Q2 2026 per BTCS's latest filing, from $131048.0 in the prior quarter.
  • Across five years, Research & Development topped out at $232155.0 in Q4 2024 and bottomed at $82056.0 in Q2 2026.
  • Historically, Research & Development has averaged $165667.6 across 5 years, with a median of $163179.0 in 2022.
  • The sharpest annual moves came in 2022 and 2026: Research & Development jumped 64.85% in 2022, then slumped 57.6% in 2026.
  • Over 5 years, Research & Development stood at $163179.0 in 2022, then fell by 4.26% to $156235.0 in 2023, then surged by 48.59% to $232155.0 in 2024, then slumped by 43.55% to $131048.0 in 2025, then sank by 37.38% to $82056.0 in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $82056.0, $131048.0, and $145592.0 for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Coinbase Global 51.24 Bn 42.45 Bn 1.16 Bn 472.85 Mn
2 Bullish 5.78 Bn 5.72 Bn 15.53 Mn -
3 Cypherpunk Technologies 663.58 Mn 663.58 Mn - 197,000.00
4 Canton Strategic Holdings 498.79 Mn 498.79 Mn - -
5 Bakkt 387.06 Mn 336.37 Mn 2.21 Mn 1.70 Mn
6 Coincheck 264.39 Mn 162.79 Mn 11.20 Mn -
7 Wewards 214.97 Mn 214.97 Mn - -
8 Exodus Movement 205.10 Mn -149.98 Mn - -
9 Usbc 197.95 Mn 194.29 Mn - 276,000.00
10 Btcs 79.69 Mn -1.42 Mn 1.49 Mn 82,056.00
Historic Data

Historic Data

Download Data
DateValue
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