Cypherpunk Technologies (CYPH) Research & Development (2016 - 2025)
Cypherpunk Technologies recorded quarterly Research & Development of $975000.0 in Q4 2025, down 21.81% quarter-over-quarter from $1.2 million in Q3 2025, and down 92.56% year-over-year from $13.1 million in Q4 2024.
Cypherpunk Technologies' Research & Development history runs 10 years deep, the most recent figure standing at $975000.0 for Q4 2025.
- In Q4 2025, Research & Development fell 92.56% year-over-year to $975000.0; the TTM figure through Dec 2025 stood at $25.7 million (down 55.13% YoY), while the FY2025 annual figure was $25.7 million, down 55.13% from the prior year.
- Research & Development came in at $975000.0 for Q4 2025 at Cypherpunk Technologies, down from $1.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $29.6 million in Q1 2023 to a low of $975000.0 in Q4 2025.
- A 5-year average of $11.2 million and a median of $11.2 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 280.04% in 2023 and sank 92.56% in 2025, its largest moves.
- Cypherpunk Technologies' Research & Development stood at $8.1 million in 2021, then jumped by 36.73% to $11.0 million in 2022, then climbed by 5.9% to $11.7 million in 2023, then climbed by 12.21% to $13.1 million in 2024, then tumbled by 92.56% to $975000.0 in 2025.
- According to Business Quant data, Research & Development over the past three periods registered $975000.0, $1.2 million, and $10.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | - |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | - |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 637.00 Mn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | - |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Cypherpunk Technologies | 69.78 Mn | 69.78 Mn | - | 975,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 975,000.00 |
| Sep 30, 2025 | 1.25 Mn |
| Jun 30, 2025 | 10.54 Mn |
| Mar 31, 2025 | 12.91 Mn |
| Dec 31, 2024 | 13.11 Mn |
| Sep 30, 2024 | 14.92 Mn |
| Jun 30, 2024 | 17.89 Mn |
| Mar 31, 2024 | 11.30 Mn |
| Dec 31, 2023 | 11.69 Mn |
| Sep 30, 2023 | 11.50 Mn |
| Jun 30, 2023 | 11.10 Mn |
| Mar 31, 2023 | 29.58 Mn |
| Dec 31, 2022 | 11.03 Mn |
| Sep 30, 2022 | 12.10 Mn |
| Jun 30, 2022 | 14.05 Mn |
| Mar 31, 2022 | 7.78 Mn |
| Dec 31, 2021 | 8.07 Mn |
| Sep 30, 2021 | 10.08 Mn |
| Jun 30, 2021 | 7.21 Mn |
| Mar 31, 2021 | 6.81 Mn |
| Dec 31, 2020 | 5.10 Mn |
| Sep 30, 2020 | 5.37 Mn |
| Jun 30, 2020 | 5.35 Mn |
| Mar 31, 2020 | 4.60 Mn |
| Dec 31, 2019 | 5.67 Mn |
| Sep 30, 2019 | 5.77 Mn |
| Jun 30, 2019 | 6.14 Mn |
| Mar 31, 2019 | 6.79 Mn |
| Dec 31, 2018 | 6.91 Mn |
| Sep 30, 2018 | 6.46 Mn |
| Jun 30, 2018 | 4.23 Mn |
| Mar 31, 2018 | 4.23 Mn |
| Dec 31, 2017 | 4.42 Mn |
| Sep 30, 2017 | 6.80 Mn |
| Jun 30, 2017 | 4.88 Mn |
| Mar 31, 2017 | 6.40 Mn |
| Dec 31, 2016 | 7.42 Mn |
| Sep 30, 2016 | 5.66 Mn |
| Jun 30, 2016 | 6.12 Mn |
| Mar 31, 2016 | 4.09 Mn |