First National (FXNC) Research & Development (2010 - 2026)

First National (FXNC) has reported Research & Development for 17 consecutive years, with $435000.0 the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Research & Development fell 13.69% year-over-year to $435000.0; the trailing twelve-month figure through Jun 2026 stood at $1.8 million (down 19.28% YoY), and the FY2025 full-year result was $2.3 million, up 61.11% from the prior year.
• Research & Development rose to $435000.0 in Q2 2026 per FXNC's latest filing, from $394000.0 in the prior quarter.
• Across five years, Research & Development topped out at $762000.0 in Q1 2025 and bottomed at $163000.0 in Q2 2024.
• Historically, Research & Development has averaged $362833.3 across 5 years, with a median of $289500.0 in 2022.
• The sharpest annual moves came in 2022 and 2025: Research & Development sank 77.26% in 2022, then surged 209.76% in 2025.
• Over 5 years, Research & Development stood at $289000.0 in 2022, then advanced by 13.15% to $327000.0 in 2023, then soared by 115.6% to $705000.0 in 2024, then decreased by 28.94% to $501000.0 in 2025, then slipped by 13.17% to $435000.0 in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $435000.0, $394000.0, and $501000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.