BitVentures (BVC) Research & Development (2020 - 2023)

BitVentures (BVC) has reported Research & Development for 4 consecutive years, with $19.6 million the latest figure, recorded in Q2 2023.

• On a quarterly basis, Research & Development fell 7.51% year-over-year to $19.6 million in Q2 2023; TTM through Jun 2023 was $65.0 million, a 19.53% increase from a year earlier, with the FY2025 full-year figure at $530000.0, down 83.07% from the prior year.
• Research & Development was $19.6 million for Q2 2023 at BitVentures, down from $21.2 million in the prior quarter.
• Over five years, Research & Development peaked at $21.2 million in Q2 2022 and troughed at $8.9 million in Q1 2020.
• A 4-year average of $13.8 million and a median of $12.1 million in 2021 frame the typical range for Research & Development.
• Across the five-year window, Research & Development soared 70.98% in 2022 and slipped 7.51% in 2023, its largest moves.
• Over 4 years, Research & Development stood at $9.0 million in 2020, then jumped by 37.72% to $12.4 million in 2021, then surged by 70.98% to $21.2 million in 2022, then decreased by 7.51% to $19.6 million in 2023.
• The last three Research & Development figures came in at $19.6 million (Q2 2023), $21.2 million (Q2 2022), and $12.4 million (Q2 2021), per Business Quant data.