BingEx (FLX) Research & Development (2023 - 2026)
BingEx (FLX) recorded quarterly Research & Development of -$2.4 million in Q1 2026, up 7.44% quarter-over-quarter from -$2.6 million in Q4 2025, and up 41.23% on a YoY basis from -$1.7 million in Q1 2025.
BingEx (FLX) Research & Development (2023 - 2026) Analysis & Trends
BingEx's Research & Development history runs 4 years deep, the most recent figure standing at -$2.4 million for Q1 2026.
- In Q1 2026, Research & Development rose 41.23% year-over-year to -$2.4 million; the TTM figure through Mar 2026 stood at -$10.1 million (up 51.72% YoY), while the FY2025 annual figure was $12.1 million, down 38.71% from the prior year.
- Research & Development was -$2.4 million for Q1 2026 at BingEx, up from -$2.6 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$2.4 million in Q1 2026 to a low of -$11.0 million in Q4 2024.
- Historically, Research & Development has averaged -$3.6 million across 4 years, with a median of -$2.8 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Research & Development plunged 309.39% in 2024, then surged 76.57% in 2025.
- A 4-year view of Research & Development shows it stood at -$2.7 million in 2023, then slumped by 309.39% to -$11.0 million in 2024, then soared by 76.57% to -$2.6 million in 2025, then advanced by 7.44% to -$2.4 million in 2026.
- The last three Research & Development figures came in at -$2.4 million (Q1 2026), -$2.6 million (Q4 2025), and -$2.5 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | - |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | - |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | - |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | - |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | - |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | - |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | - |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | - |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | 3.79 Mn |
| 10 | BingEx | 461.15 Mn | -123.53 Bn | 15.34 Mn | -2.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.39 Mn |
| Dec 31, 2025 | -2.58 Mn |
| Sep 30, 2025 | -2.49 Mn |
| Jun 30, 2025 | -2.69 Mn |
| Mar 31, 2025 | -4.06 Mn |
| Dec 31, 2024 | -11.01 Mn |
| Sep 30, 2024 | -3.16 Mn |
| Jun 30, 2024 | -2.77 Mn |
| Mar 31, 2024 | -2.97 Mn |
| Dec 31, 2023 | -2.69 Mn |
| Sep 30, 2023 | -2.87 Mn |