Dhi (DHX) Research & Development (2010 - 2026)
Dhi (DHX) posted Research & Development of $9.3 million for Q2 2026, up 2.97% on a QoQ basis from $9.0 million in Q1 2026, and down 12.2% year-over-year from $10.5 million in Q2 2025.
Analysis
Dhi (DHX) Research & Development (2010 - 2026) Analysis & Trends
Dhi has reported Research & Development for 17 years, with the latest figure at $9.3 million in Q2 2026.
- On a quarterly basis, Research & Development fell 12.2% year-over-year to $9.3 million in Q2 2026; TTM through Jun 2026 was $36.4 million, a 17.89% decrease from a year earlier, with the FY2025 full-year figure at $39.8 million, down 15.96% from the prior year.
- Research & Development was $9.3 million for Q2 2026 at Dhi, up from $9.0 million in the prior quarter.
- The five-year high for Research & Development was $16.2 million in Q4 2022, with the low at $9.0 million in Q1 2026.
- Average Research & Development over 5 years is $12.3 million, with a median of $12.3 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Research & Development jumped 42.68% in 2022, then retreated 22.0% in 2023.
- Over 5 years, Research & Development stood at $16.2 million in 2022, then dropped by 22.0% to $12.6 million in 2023, then fell by 12.08% to $11.1 million in 2024, then fell by 18.15% to $9.1 million in 2025, then increased by 2.1% to $9.3 million in 2026.
- The last three Research & Development figures came in at $9.3 million (Q2 2026), $9.0 million (Q1 2026), and $9.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn | 265.90 Mn |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn | - |
| 3 | Paycom Software | 10.27 Bn | 10.07 Bn | 412.40 Mn | 51.90 Mn |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn | 103.70 Mn |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn | -63.45 Mn |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn | - |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn | 9.10 Mn |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn | 9.26 Mn |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.26 Mn |
| Mar 31, 2026 | 8.99 Mn |
| Dec 31, 2025 | 9.07 Mn |
| Sep 30, 2025 | 9.08 Mn |
| Jun 30, 2025 | 10.55 Mn |
| Mar 31, 2025 | 11.12 Mn |
| Dec 31, 2024 | 11.08 Mn |
| Sep 30, 2024 | 11.59 Mn |
| Jun 30, 2024 | 12.02 Mn |
| Mar 31, 2024 | 12.70 Mn |
| Dec 31, 2023 | 12.60 Mn |
| Sep 30, 2023 | 14.04 Mn |
| Jun 30, 2023 | 14.72 Mn |
| Mar 31, 2023 | 16.06 Mn |
| Dec 31, 2022 | 16.16 Mn |
| Sep 30, 2022 | 14.99 Mn |
| Jun 30, 2022 | 14.27 Mn |
| Mar 31, 2022 | 13.94 Mn |
| Dec 31, 2021 | 12.49 Mn |
| Sep 30, 2021 | 11.29 Mn |