Fusemachines (FUSE) Research & Development (2025 - 2026)
Fusemachines (FUSE) posted Research & Development of $286,000 for Q3 2026, up 73.3% from $165,000 a year earlier but down 2.1% from the prior quarter.
Fusemachines (FUSE) Research & Development (2025 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Research & Development at Fusemachines was $1.11 million; for FY2025, it came in at $720,000, down 1.6% from FY2024.
- In prior years, Fusemachines' Research & Development was $732,000 in FY2024.
- Quarterly Research & Development has run from a low of $159,000 in Q2 2025 to a high of $298,000 in Q1 2026 over five years.
- On a year-over-year basis, Research & Development has increased in each of the last three quarters.
- According to Business Quant data, Research & Development for the three prior quarters was $292,000 (Q2 2026), $298,000 (Q1 2026) and $231,000 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 246.93 Bn | 232.00 Bn | 2.30 Bn | 779.00 Mn |
| 2 | CrowdStrike Holdings | 234.18 Bn | 214.58 Bn | 1.10 Bn | 444.20 Mn |
| 3 | Snowflake | 103.91 Bn | 91.22 Bn | 1.04 Bn | 567.48 Mn |
| 4 | Fortinet | 90.88 Bn | 75.13 Bn | 1.64 Bn | 213.40 Mn |
| 5 | Datadog | 65.40 Bn | 45.94 Bn | 959.92 Mn | 491.57 Mn |
| 6 | Okta | 31.82 Bn | 21.91 Bn | 641.00 Mn | 163.00 Mn |
| 7 | Zscaler | 31.77 Bn | 17.92 Bn | 689.22 Mn | 241.48 Mn |
| 8 | MongoDB | 27.02 Bn | 17.49 Bn | 569.77 Mn | 213.87 Mn |
| 9 | Axon Enterprise | 24.20 Bn | 18.73 Bn | 546.45 Mn | 208.69 Mn |
| 10 | Fusemachines | 10.42 Mn | 2.60 Mn | 981,000.00 | 286,000.00 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 286,000.00 |
| Jun 30, 2026 | 292,000.00 |
| Mar 31, 2026 | 298,000.00 |
| Jun 30, 2025 | 159,000.00 |
| Mar 31, 2025 | 165,000.00 |
Fusemachines 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=FUSE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "FUSE", "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=FUSE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();