Cambium Networks (CMBMF) Research & Development (2018 - 2026)
Cambium Networks (CMBMF) posted Research & Development of $7.91 million for Q1 2026, down 15.5% from $9.36 million a year earlier and down 6.1% from the prior quarter.
Cambium Networks (CMBMF) Research & Development (2018 - 2026) Analysis & Trends
For the trailing twelve months through Mar 31, 2026, Research & Development at Cambium Networks was $31.42 million, down 17.0% year-over-year; for FY2025, it came in at $32.86 million, down 16.4% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of -6.7% (FY2020 to FY2025).
- In prior years, Cambium Networks' Research & Development was $39.29 million in FY2024 (-26.5%), $53.48 million in FY2023 (+7.2%), $49.87 million in FY2022 (-2.8%) and $51.32 million in FY2021 (+10.7%).
- Quarterly Research & Development has run from a low of $7.41 million in Q2 2025 to a high of $15.02 million in Q4 2021 over five years.
- On a year-over-year basis, Research & Development has declined in each of the last nine quarters, with an average decline of 20.4% over the last eight quarters.
- The strongest year-over-year quarter for Research & Development in the past five years was Q2 2021, with growth of 35.7%; the weakest was Q2 2024, with a decline of 30.9%.
- According to Business Quant data, Research & Development for the three prior quarters was $8.42 million (Q4 2025), $7.67 million (Q3 2025) and $7.41 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 11.73 Bn |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 2.43 Bn |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 1.11 Bn |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 348.20 Mn |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 348.00 Mn |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 188.00 Mn |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 284.00 Mn |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | - |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 1.16 Bn |
| 10 | Cambium Networks | 2.61 Mn | -40.08 Mn | 22.65 Mn | 7.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 7.91 Mn |
| Dec 31, 2025 | 8.42 Mn |
| Sep 30, 2025 | 7.67 Mn |
| Jun 30, 2025 | 7.41 Mn |
| Mar 31, 2025 | 9.36 Mn |
| Dec 31, 2024 | 10.07 Mn |
| Sep 30, 2024 | 9.28 Mn |
| Jun 30, 2024 | 9.15 Mn |
| Mar 31, 2024 | 10.80 Mn |
| Dec 31, 2023 | 12.96 Mn |
| Sep 30, 2023 | 13.02 Mn |
| Jun 30, 2023 | 13.24 Mn |
| Mar 31, 2023 | 14.26 Mn |
| Dec 31, 2022 | 12.87 Mn |
| Sep 30, 2022 | 12.61 Mn |
| Jun 30, 2022 | 11.44 Mn |
| Mar 31, 2022 | 12.94 Mn |
| Dec 31, 2021 | 15.02 Mn |
| Sep 30, 2021 | 12.08 Mn |
| Jun 30, 2021 | 12.62 Mn |
Cambium Networks 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=CMBMF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "CMBMF", "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=CMBMF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();