Dhi (DHX) Research & Development (2010 - 2026)
Dhi's Research & Development was $2.93 million in Q2 2026, down 6.6% from $3.14 million a year earlier and down 4.8% from the prior quarter.
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Analysis
Dhi (DHX) Research & Development (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Dhi's Research & Development was $11.88 million through Jun 30, 2026, down 27.3% year-over-year; for FY2025, it came in at $12.84 million, down 32.0% from FY2024.
- Research & Development shows a five-year compound annual growth rate of -2.9% (FY2020 to FY2025).
- In earlier years, Research & Development was $18.88 million in FY2024 (+6.2%), $17.78 million in FY2023 (+0.6%), $17.67 million in FY2022 (+10.3%) and $16.02 million in FY2021 (+7.6%).
- Quarterly Research & Development has moved between $2.88 million (Q3 2025) and $4.85 million (Q4 2021) over five years.
- Compared with a year earlier, Research & Development has declined for six straight quarters, with an average decline of 18.1% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was Q2 2022 (growth of 24.2%); the worst was Q3 2025 (a decline of 39.8%).
- Per Business Quant data, DHX's Research & Development in the three quarters before Q2 2026 was $3.08 million (Q1 2026), $2.99 million (Q4 2025) and $2.88 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 192.51 Mn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 2.40 Bn |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | -2.14 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 1.69 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 915.00 Mn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 265.90 Mn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 857.00 Mn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 23.10 Mn |
| 10 | Dhi | 199.28 Mn | 187.30 Mn | 25.04 Mn | 2.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.93 Mn |
| Mar 31, 2026 | 3.08 Mn |
| Dec 31, 2025 | 2.99 Mn |
| Sep 30, 2025 | 2.88 Mn |
| Jun 30, 2025 | 3.14 Mn |
| Mar 31, 2025 | 3.84 Mn |
| Dec 31, 2024 | 4.58 Mn |
| Sep 30, 2024 | 4.78 Mn |
| Jun 30, 2024 | 4.73 Mn |
| Mar 31, 2024 | 4.80 Mn |
| Dec 31, 2023 | 4.49 Mn |
| Sep 30, 2023 | 4.43 Mn |
| Jun 30, 2023 | 4.16 Mn |
| Mar 31, 2023 | 4.69 Mn |
| Dec 31, 2022 | 4.69 Mn |
| Sep 30, 2022 | 4.68 Mn |
| Jun 30, 2022 | 4.36 Mn |
| Mar 31, 2022 | 3.94 Mn |
| Dec 31, 2021 | 4.85 Mn |
| Sep 30, 2021 | 4.06 Mn |
API Access
Dhi 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=DHX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "DHX", "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=DHX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();