Firy (FIRY) Research & Development (2020 - 2026)
Firy (FIRY) posted Research & Development of $17.3 million for Q1 2026, down 10.55% on a QoQ basis from $19.3 million in Q4 2025, and up 258.79% year-over-year from $4.8 million in Q1 2025.
Firy (FIRY) Research & Development (2020 - 2026) Analysis & Trends
Firy's Research & Development history runs 7 years deep, the most recent figure standing at $17.3 million for Q1 2026.
- Quarterly Research & Development rose 258.79% year-over-year to $17.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $46.9 million (up 61.39% YoY) and the FY2025 annual result came in at $71.1 million, down 6.86% from the prior year.
- Research & Development was $17.3 million for Q1 2026 at Firy, down from $19.3 million in the prior quarter.
- Across five years, Research & Development topped out at $232.2 million in Q4 2022 and bottomed at -$71.4 million in Q4 2023.
- A 5-year average of $34.3 million and a median of $17.3 million in 2026 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development soared 1511.44% — and 2023, when it sank 130.74%.
- Firy's Research & Development stood at $232.2 million in 2022, then sank by 130.74% to -$71.4 million in 2023, then soared by 121.33% to $15.2 million in 2024, then increased by 26.93% to $19.3 million in 2025, then retreated by 10.55% to $17.3 million in 2026.
- Business Quant data shows FIRY's Research & Development at $17.3 million in Q1 2026, $19.3 million in Q4 2025, and $5.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 52.46 Bn | 49.60 Bn | 1.76 Bn | 1.95 Bn |
| 2 | Take Two Interactive Software | 48.15 Bn | 47.69 Bn | 938.70 Mn | 958.70 Mn |
| 3 | Roblox | 33.85 Bn | 30.63 Bn | 1.15 Bn | 422.00 Mn |
| 4 | Gdev | 2.31 Bn | 2.31 Bn | 85.00 Mn | -37.00 Mn |
| 5 | NetEase | 2.16 Bn | -7,331,731.34 Bn | 3.06 Bn | -496.85 Mn |
| 6 | Playtika Holding | 1.35 Bn | 575.11 Mn | 552.50 Mn | 360.60 Mn |
| 7 | Gravity | 418.32 Mn | 418.18 Mn | 35,341.61 | 775.20 |
| 8 | Meridian Holdings | 152.70 Mn | 138.17 Mn | 28.14 Mn | - |
| 9 | Firy | 128.08 Mn | -57.32 Mn | 25.51 Mn | 17.28 Mn |
| 10 | CTW Cayman | 118.94 Mn | 99.19 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.28 Mn |
| Dec 31, 2025 | 19.32 Mn |
| Sep 30, 2025 | 5.44 Mn |
| Jun 30, 2025 | 4.84 Mn |
| Mar 31, 2025 | 4.82 Mn |
| Dec 31, 2024 | 15.22 Mn |
| Sep 30, 2024 | 4.74 Mn |
| Jun 30, 2024 | 4.27 Mn |
| Mar 31, 2024 | 4.62 Mn |
| Dec 31, 2023 | -71.36 Mn |
| Sep 30, 2023 | 31.93 Mn |
| Jun 30, 2023 | 32.67 Mn |
| Mar 31, 2023 | 34.92 Mn |
| Dec 31, 2022 | 232.17 Mn |
| Sep 30, 2022 | 51.48 Mn |
| Jun 30, 2022 | 73.73 Mn |
| Mar 31, 2022 | 117.35 Mn |
| Dec 31, 2021 | 155.40 Mn |
| Sep 30, 2021 | 13.07 Mn |
| Jun 30, 2021 | 10.14 Mn |