FinTrade Sherpa (FTSP) Research & Development (2020 - 2025)
FinTrade Sherpa (FTSP) posted Research & Development of $120.00 for Q4 2025, down 99.9% from the prior quarter.
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Analysis
FinTrade Sherpa (FTSP) Research & Development (2020 - 2025) Analysis & Trends
For FY2025, FinTrade Sherpa's Research & Development came in at $123,120.
- Annual Research & Development shows a five-year compound annual growth rate of 46.8% (FY2020 to FY2025).
- In prior years, FinTrade Sherpa's Research & Development was $274.00 in FY2022 (-99.0%) and $28,443 in FY2021 (+57.6%).
- The Q4 2025 figure stands as the lowest quarterly Research & Development in data going back to Q2 2020.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 779.00 Mn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 444.20 Mn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 225.00 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 567.48 Mn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 477.97 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 208.69 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 163.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 679.00 Mn |
| 10 | FinTrade Sherpa | 1.23 Mn | 1.22 Mn | - | 120.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 120.00 |
| Sep 30, 2025 | 123,000.00 |
| Sep 30, 2021 | 7,754.00 |
| Jun 30, 2021 | 13,158.00 |
| Mar 31, 2021 | 7,531.00 |
| Dec 31, 2020 | 7,981.00 |
| Sep 30, 2020 | 3,652.00 |
| Jun 30, 2020 | 6,410.00 |
API Access
FinTrade Sherpa 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=FTSP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "FTSP", "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=FTSP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();