Forum Markets FRMM
NASDAQ FRMM
$5.31 -0.23 (-4.15%)
At close: Sep 4, 2026 · 4:00 PM EDT

Forum Markets (FRMM) Research & Development (2020 - 2025)

Forum Markets (FRMM) posted Research & Development of $182386.0 for Q2 2025, down 24.29% on a QoQ basis from $240905.0 in Q1 2025, and up 36.45% year-over-year from $133665.0 in Q2 2024.

Analysis

Forum Markets (FRMM) Research & Development (2020 - 2025) Analysis & Trends

Forum Markets has reported Research & Development for 6 years, with the latest figure at $182386.0 in Q2 2025.

  • On a quarterly basis, Research & Development rose 36.45% year-over-year to $182386.0 in Q2 2025; TTM through Jun 2025 was $971217.0, a 32.31% decrease from a year earlier, with the FY2024 full-year figure at $1.4 million, down 39.17% from the prior year.
  • Research & Development was $182386.0 for Q2 2025 at Forum Markets, down from $240905.0 in the prior quarter.
  • The five-year high for Research & Development was $2.3 million in Q4 2021, with the low at -$1.4 million in Q4 2022.
  • Average Research & Development over 5 years is $366968.3, with a median of $273963.0 recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Research & Development plunged 162.73% in 2022, then surged 920.64% in 2024.
  • Over 5 years, Research & Development stood at $2.3 million in 2021, then slumped by 162.73% to -$1.4 million in 2022, then surged by 97.45% to -$36112.0 in 2023, then soared by 920.64% to $296349.0 in 2024, then plunged by 38.46% to $182386.0 in 2025.
  • The last three Research & Development figures came in at $182386.0 (Q2 2025), $240905.0 (Q1 2025), and $296349.0 (Q4 2024), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Coinbase Global 48.70 Bn 39.92 Bn 1.16 Bn 472.85 Mn
2 Bullish 5.43 Bn 5.38 Bn 15.53 Mn -
3 Canton Strategic Holdings 494.45 Mn 494.45 Mn - -
4 Cypherpunk Technologies 446.07 Mn 446.07 Mn - 197,000.00
5 Coincheck 267.10 Mn 165.50 Mn 11.20 Mn -
6 Exodus Movement 226.48 Mn -128.60 Mn - -
7 Wewards 214.97 Mn 214.97 Mn - -
8 Usbc 194.07 Mn 190.41 Mn - 276,000.00
9 TON Strategy 187.68 Mn 187.66 Mn - -
10 Forum Markets 90.62 Mn 90.62 Mn 398,000.00 -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2025 182,386.00
Mar 31, 2025 240,905.00
Dec 31, 2024 296,349.00
Sep 30, 2024 251,577.00
Jun 30, 2024 133,665.00
Mar 31, 2024 365,186.00
Dec 31, 2023 -36,112.00
Sep 30, 2023 972,113.00
Jun 30, 2023 789,441.00
Mar 31, 2023 216,684.00
Dec 31, 2022 -1.42 Mn
Sep 30, 2022 583,177.00
Jun 30, 2022 446,358.00
Mar 31, 2022 658,939.00
Dec 31, 2021 2.26 Mn
Sep 30, 2021 316,473.00
Jun 30, 2021 246,613.00
Mar 31, 2021 99,899.00
Jun 30, 2020 351,005.00
Mar 31, 2020 472,862.00