Circle8 (CIRC) Research & Development (2020 - 2024)
Circle8 (CIRC) reported Research & Development of $316,263 for Q1 2024, down 59.3% from $776,720 a year earlier and down 34.6% from the prior quarter.
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Analysis
Circle8 (CIRC) Research & Development (2020 - 2024) Analysis & Trends
Over the twelve months ended Mar 31, 2024, Circle8's Research & Development came in at $1.79 million, down 10.8% year-over-year; for FY2023, it was $2.25 million, up 43.7% from FY2022.
- Research & Development has increased for three consecutive years, with a three-year compound annual growth rate of 89.5% (FY2020 to FY2023).
- By year, Research & Development came in at $1.57 million in FY2022 (+195.9%), $530,076 in FY2021 (+60.2%) and $330,979 in FY2020.
- The Q1 2024 figure ranks as the lowest quarterly Research & Development since Q3 2021.
- Year over year, Research & Development gained in five of the last seven quarters, with growth averaging 74.5%.
- The high point for year-over-year Research & Development in five years was Q4 2021 (growth of 668.3%); the low point was Q1 2024 (a decline of 59.3%).
- Per Business Quant data, the three quarters before Q1 2024 came in at $483,584 (Q4 2023), $411,332 (Q3 2023) and $581,718 (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 118.39 Bn | 78.80 Bn | 6.13 Bn | - |
| 2 | Cintas | 79.13 Bn | 78.31 Bn | 1.48 Bn | - |
| 3 | Iron Mountain | 33.17 Bn | 32.69 Bn | 1.07 Bn | - |
| 4 | APi | 16.75 Bn | 13.79 Bn | 703.00 Mn | - |
| 5 | Rollins | 14.67 Bn | 14.22 Bn | 569.95 Mn | - |
| 6 | Aramark | 14.35 Bn | 12.37 Bn | 430.34 Mn | - |
| 7 | UL Solutions | 13.11 Bn | 11.89 Bn | 417.00 Mn | - |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | - |
| 9 | Rentokil Initial | 10.12 Bn | 3.46 Bn | - | - |
| 10 | Circle8 | 37.78 Mn | -2.45 Mn | 23.80 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 316,263.00 |
| Dec 31, 2023 | 483,584.00 |
| Sep 30, 2023 | 411,332.00 |
| Jun 30, 2023 | 581,718.00 |
| Mar 31, 2023 | 776,720.00 |
| Dec 31, 2022 | 438,980.00 |
| Sep 30, 2022 | 428,771.00 |
| Jun 30, 2022 | 365,845.00 |
| Mar 31, 2022 | 334,670.00 |
| Dec 31, 2021 | 397,002.00 |
| Sep 30, 2021 | 90,658.00 |
| Jun 30, 2021 | 24,461.00 |
| Mar 31, 2021 | 17,955.00 |
| Dec 31, 2020 | 51,671.00 |
| Sep 30, 2020 | 30,368.00 |
API Access
Circle8 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=CIRC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "CIRC", "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=CIRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();