Bitdeer Technologies (BTDR) Research & Development (2022 - 2026)
Bitdeer Technologies (BTDR) reported Research & Development of -$36.05 million for Q2 2026, compared with -$20.57 million a year earlier.
Bitdeer Technologies (BTDR) Research & Development (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Bitdeer Technologies' Research & Development came in at -$130.54 million; for FY2025, it was -$153.88 million.
- By year, Research & Development came in at -$76.95 million in FY2024, -$29.53 million in FY2023, -$35.43 million in FY2022 and -$29.5 million in FY2021.
- Five-year quarterly Research & Development spans a low of -$59 million in Q1 2025 and a high of -$6.29 million in Q1 2023.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$20.2 million (Q1 2026), -$35.2 million (Q4 2025) and -$39.09 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 472.85 Mn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 849.00 Mn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 608.66 Mn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | - |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | - |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | - |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | - |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 90.59 Mn |
| 10 | Bitdeer Technologies | 2.60 Bn | 1.52 Bn | -8.53 Mn | -36.05 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -36.05 Mn |
| Mar 31, 2026 | -20.20 Mn |
| Dec 31, 2025 | -35.20 Mn |
| Sep 30, 2025 | -39.09 Mn |
| Jun 30, 2025 | -20.57 Mn |
| Mar 31, 2025 | -59.00 Mn |
| Dec 31, 2024 | -22.90 Mn |
| Sep 30, 2024 | -24.84 Mn |
| Jun 30, 2024 | -29.21 Mn |
| Mar 31, 2024 | -21.16 Mn |
| Dec 31, 2023 | -8.31 Mn |
| Sep 30, 2023 | -8.50 Mn |
| Jun 30, 2023 | -12.73 Mn |
| Mar 31, 2023 | -6.29 Mn |
| Dec 31, 2022 | -8.53 Mn |
| Sep 30, 2022 | -7.16 Mn |
| Jun 30, 2022 | -8.66 Mn |
| Mar 31, 2022 | -11.08 Mn |
Bitdeer Technologies 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=BTDR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "BTDR", "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=BTDR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();