DarkHorse Technologies DRK
NASDAQ DRK
$2.90 -0.18 (-5.84%)
At close: Sep 28, 2026 · 4:00 PM EDT

DarkHorse Technologies (DRK) Research & Development (2017 - 2023)

Updated

DarkHorse Technologies' Research & Development came in at $167,000 for Q4 2023, down 21.6% from $213,000 a year earlier and down 53.9% from the prior quarter.

Analysis

DarkHorse Technologies (DRK) Research & Development (2017 - 2023) Analysis & Trends

For FY2023, DarkHorse Technologies' Research & Development was $1.03 million, up 69.6% from FY2022.

  • Research & Development carries a five-year compound annual growth rate of -21.4% (FY2018 to FY2023).
  • Going back by year, Research & Development was $605,000 in FY2022 (-37.7%), $971,000 in FY2021 (-19.2%), $1.2 million in FY2020 (-41.4%) and $2.05 million in FY2019 (-40.1%).
  • The Q4 2023 figure represents the lowest quarterly Research & Development since Q3 2022.
  • Year-over-year, Research & Development increased in four of the last eight quarters, with growth averaging 26.5%.
  • The fastest year-over-year change in Research & Development over five years came in Q3 2023 (growth of 160.4%), and the weakest in Q4 2019 (a decline of 59.2%).
  • Business Quant data shows DRK's Research & Development at $362,000 (Q3 2023), $227,000 (Q2 2023) and $270,000 (Q1 2023) in the three quarters before Q4 2023.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Coinbase Global 50.59 Bn 7.40 Bn - 472.85 Mn
2 PayPal Holdings 46.79 Bn 5.01 Bn - 849.00 Mn
3 Block 44.05 Bn 15.31 Bn 3.17 Bn 608.66 Mn
4 Iren 31.74 Bn 19.34 Bn 103.89 Mn -
5 Corpay 26.01 Bn 16.21 Bn - -
6 Fiserv 24.47 Bn 21.17 Bn 2.90 Bn -
7 Global Payments 22.51 Bn 952.73 Mn 2.03 Bn -
8 Bitmine Immersion Technologies 15.56 Bn 12.94 Bn 40.81 Mn -
9 Guidewire Software 11.90 Bn 8.47 Bn 269.68 Mn 90.59 Mn
10 DarkHorse Technologies 14.98 Mn 7,809.89 165,000.00 -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 167,000.00
Sep 30, 2023 362,000.00
Jun 30, 2023 227,000.00
Mar 31, 2023 270,000.00
Dec 31, 2022 213,000.00
Sep 30, 2022 139,000.00
Jun 30, 2022 139,000.00
Mar 31, 2022 114,000.00
Dec 31, 2021 168,000.00
Sep 30, 2021 297,000.00
Jun 30, 2021 269,000.00
Mar 31, 2021 237,000.00
Dec 31, 2020 255,000.00
Sep 30, 2020 264,000.00
Jun 30, 2020 344,000.00
Mar 31, 2020 339,000.00
Dec 31, 2019 379,000.00
Sep 30, 2019 460,000.00
Jun 30, 2019 516,000.00
Mar 31, 2019 697,000.00
API Access

DarkHorse Technologies 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=DRK&period=max&api_key=YOUR_API_KEY