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First National (FXNC) Research & Development: 2010-2025

Historic Research & Development for First National (FXNC) over the last 12 years, with Sep 2025 value amounting to $495,000.

  • First National's Research & Development rose 70.69% to $495,000 in Q3 2025 from the same period last year, while for Sep 2025 it was $2.5 million, marking a year-over-year increase of 140.35%. This contributed to the annual value of $1.4 million for FY2024, which is 34.10% up from last year.
  • As of Q3 2025, First National's Research & Development stood at $495,000, which was down 1.79% from $504,000 recorded in Q2 2025.
  • In the past 5 years, First National's Research & Development registered a high of $1.3 million during Q4 2021, and its lowest value of $163,000 during Q2 2024.
  • Its 3-year average for Research & Development is $382,909, with a median of $290,000 in 2024.
  • Per our database at Business Quant, First National's Research & Development surged by 548.47% in 2021 and then plummeted by 77.26% in 2022.
  • First National's Research & Development (Quarterly) stood at $1.3 million in 2021, then plummeted by 77.26% to $289,000 in 2022, then increased by 13.15% to $327,000 in 2023, then soared by 115.60% to $705,000 in 2024, then skyrocketed by 70.69% to $495,000 in 2025.
  • Its Research & Development stands at $495,000 for Q3 2025, versus $504,000 for Q2 2025 and $762,000 for Q1 2025.