Gambling.com (GAMB) Research & Development (2020 - 2025)

Gambling.com's (GAMB) quarterly Research & Development came in at -$6.9 million in Q4 2025, down 76.08% year-on-year from -$28.7 million in Q4 2024, and down 13.67% quarter-over-quarter from -$6.0 million in Q3 2025.

Gambling.com (GAMB) Research & Development (2020 - 2025) Analysis & Trends

Gambling.com has disclosed Research & Development across 6 years of filings, most recently posting -$6.9 million for Q4 2025.

  • Research & Development for Q4 2025 came in at -$6.9 million, down 76.08% year-over-year; the trailing twelve-month figure through Dec 2025 was -$24.3 million (down 75.41% YoY), and the FY2025 annual result was $24.8 million, up 77.71% from the prior year.
  • Research & Development came in at -$6.9 million for Q4 2025 at Gambling.com, down from -$6.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of -$690000.0 in Q1 2021 to a low of -$6.9 million in Q4 2025.
  • The 5-year median for Research & Development is -$2.5 million (2023), against an average of -$3.0 million.
  • Across the five-year window, Research & Development retreated 25.57% in 2024 and plunged 98.48% in 2025, its largest moves.
  • Gambling.com's Research & Development stood at -$1.2 million in 2021, then slumped by 85.55% to -$2.2 million in 2022, then slumped by 38.5% to -$3.1 million in 2023, then slipped by 27.7% to -$3.9 million in 2024, then slumped by 76.08% to -$6.9 million in 2025.
  • The last three Research & Development figures came in at -$6.9 million (Q4 2025), -$6.0 million (Q3 2025), and -$6.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Flutter Entertainment 19.50 Bn 18.41 Bn 1.84 Bn 259.00 Mn
2 DraftKings 14.35 Bn 13.34 Bn 696.69 Mn 123.18 Mn
3 Churchill Downs 6.09 Bn 5.94 Bn 475.00 Mn -
4 Rush Street Interactive 3.02 Bn 2.85 Bn 132.17 Mn -
5 Brightstar Lottery 2.21 Bn 1.97 Bn 553.00 Mn 14.00 Mn
6 Accel Entertainment 1.09 Bn 823.10 Mn 109.94 Mn -
7 Codere Online Luxembourg 520.93 Mn 451.51 Mn - -
8 Bragg Gaming 252.59 Mn 244.84 Mn 18.22 Mn -575,037.50
9 Inspired Entertainment 243.39 Mn 199.89 Mn 54.60 Mn -
10 Gambling.com - - 39.34 Mn -6.88 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -6.88 Mn
Sep 30, 2025 -6.05 Mn
Jun 30, 2025 -6.14 Mn
Mar 31, 2025 -5.19 Mn
Dec 31, 2024 -3.91 Mn
Sep 30, 2024 -3.62 Mn
Jun 30, 2024 -3.09 Mn
Mar 31, 2024 -3.22 Mn
Dec 31, 2023 -3.06 Mn
Sep 30, 2023 -2.53 Mn
Jun 30, 2023 -2.46 Mn
Mar 31, 2023 -2.24 Mn
Dec 31, 2022 -2.21 Mn
Sep 30, 2022 -1.69 Mn
Jun 30, 2022 -1.50 Mn
Mar 31, 2022 -1.36 Mn
Dec 31, 2021 -1.19 Mn
Sep 30, 2021 -1.12 Mn
Jun 30, 2021 -944,000.00
Mar 31, 2021 -690,000.00