Empery Digital (EMPD) Research & Development (2021 - 2026)
Empery Digital (EMPD) reported Research & Development of $170,505 for Q2 2026, up 146.2% from $69,250 a year earlier and up 36.5% from the prior quarter.
Empery Digital (EMPD) Research & Development (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Empery Digital's Research & Development came in at $84,375, down 84.4% year-over-year; for FY2025, it came in at $398,605, down 78.5% from FY2024.
- Research & Development has declined for four consecutive years, with a five-year compound annual growth rate of -0.5% (FY2020 to FY2025).
- By year, Research & Development came in at $1.86 million in FY2024 (-76.4%), $7.87 million in FY2023 (-6.9%), $8.46 million in FY2022 (-19.2%) and $10.47 million in FY2021.
- Five-year quarterly Research & Development spans a low of -$392,747 in Q4 2025 and a high of $3.02 million in Q3 2021.
- Year over year, Research & Development gained in 1 of the last six quarters, with an average decline of 35.2%.
- The high point for year-over-year Research & Development in five years was Q2 2026 (growth of 146.2%); the low point was Q2 2025 (a decline of 91.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $124,946 (Q1 2026), -$392,747 (Q4 2025) and $181,671 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - | 256.00 Mn |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - | - |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - | - |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | - |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | - |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - | - |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - | - |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - | - |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn | - |
| 10 | Empery Digital | 83.77 Mn | 83.77 Mn | -68,184.00 | 170,505.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 170,505.00 |
| Mar 31, 2026 | 124,946.00 |
| Dec 31, 2025 | -392,747.00 |
| Sep 30, 2025 | 181,671.00 |
| Jun 30, 2025 | 69,250.00 |
| Mar 31, 2025 | 234,652.00 |
| Dec 31, 2024 | -291,456.00 |
| Sep 30, 2024 | 528,352.00 |
| Jun 30, 2024 | 805,550.00 |
| Mar 31, 2024 | 814,945.00 |
| Dec 31, 2023 | 1.93 Mn |
| Sep 30, 2023 | 2.98 Mn |
| Jun 30, 2023 | 1.17 Mn |
| Mar 31, 2023 | 1.79 Mn |
| Dec 31, 2022 | 1.68 Mn |
| Sep 30, 2022 | 2.18 Mn |
| Jun 30, 2022 | 2.10 Mn |
| Mar 31, 2022 | 2.50 Mn |
| Dec 31, 2021 | 2.87 Mn |
| Sep 30, 2021 | 3.02 Mn |
Empery Digital 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=EMPD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "EMPD", "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=EMPD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();