DarkHorse Technologies (DRK) Research & Development (2017 - 2023)
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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.08 Bn | 8.30 Bn | - | 849.00 Mn |
| 2 | Block | 46.71 Bn | 18.00 Bn | 3.17 Bn | 608.66 Mn |
| 3 | Coinbase Global | 45.00 Bn | 1.80 Bn | - | 472.85 Mn |
| 4 | Corpay | 26.84 Bn | 16.72 Bn | - | - |
| 5 | Fiserv | 25.68 Bn | 22.36 Bn | 2.90 Bn | - |
| 6 | Global Payments | 22.94 Bn | 732.47 Mn | 2.03 Bn | - |
| 7 | Guidewire Software | 15.52 Bn | 12.08 Bn | 269.68 Mn | 90.59 Mn |
| 8 | Bitmine Immersion Technologies | 12.62 Bn | 10.00 Bn | 40.81 Mn | - |
| 9 | Chime Financial | 11.56 Bn | 7.35 Bn | 594.87 Mn | 112.11 Mn |
| 10 | DarkHorse Technologies | 10.49 Mn | -4.49 Mn | 165,000.00 | - |
Historic Data
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "DRK", "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=DRK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();