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
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 |