Gdev GDEV
NASDAQ GDEV
$11.76 +0.30 (+2.69%)
As of: Sep 9, 2026 · 10:54 AM EDT

Gdev (GDEV) Research & Development (2020 - 2026)

Gdev's (GDEV) quarterly Research & Development came in at -$32.7 million in Q2 2026, up 37.76% year-over-year from -$23.7 million in Q2 2025, and up 11.68% quarter-over-quarter from -$37.0 million in Q1 2026.

Analysis

Gdev (GDEV) Research & Development (2020 - 2026) Analysis & Trends

Gdev (GDEV) has reported Research & Development for 7 consecutive years, with -$32.7 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development rose 37.76% year-over-year to -$32.7 million in Q2 2026; TTM through Jun 2026 was -$134.7 million, a 30.4% increase from a year earlier, with the FY2025 full-year figure at -$159.4 million, up 23.79% from the prior year.
  • Research & Development was -$32.7 million for Q2 2026 at Gdev, up from -$37.0 million in the prior quarter.
  • Over five years, Research & Development peaked at -$20.9 million in Q3 2022 and troughed at -$226.0 million in Q4 2023.
  • A 5-year average of -$57.8 million and a median of -$47.0 million in 2024 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development tumbled 148.35% in 2023 and surged 79.2% in 2024, its largest moves.
  • Over 5 years, Research & Development stood at -$91.0 million in 2022, then plunged by 148.35% to -$226.0 million in 2023, then surged by 79.2% to -$47.0 million in 2024, then gained by 25.53% to -$35.0 million in 2025, then grew by 6.63% to -$32.7 million in 2026.
  • The last three Research & Development figures came in at -$32.7 million (Q2 2026), -$37.0 million (Q1 2026), and -$35.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Electronic Arts 52.84 Bn 50.56 Bn 1.71 Bn 743.00 Mn
2 Take Two Interactive Software 39.35 Bn 37.53 Bn 882.50 Mn 369.70 Mn
3 Roblox 31.91 Bn 28.90 Bn 1.18 Bn 420.00 Mn
4 NetEase 13.75 Bn 3.61 Bn 3.13 Bn -542.19 Mn
5 The9 2.75 Bn 2.75 Bn 319,000.00 -443,000.00
6 Playtika Holding 860.16 Mn 421.66 Mn 538.20 Mn 252.60 Mn
7 DoubleDown Interactive 631.31 Mn 77.55 Mn 71.22 Mn -13.86 Mn
8 Gravity 505.46 Mn 505.03 Mn 34,891.11 1,967.09
9 Sohu.com 381.86 Mn -451.11 Mn 133.81 Mn 68.89 Mn
10 Gdev 213.22 Mn 130.98 Mn - -32.68 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -32.68 Mn
Mar 31, 2026 -37.00 Mn
Dec 31, 2025 -35.00 Mn
Sep 30, 2025 -30.00 Mn
Jun 30, 2025 -52.50 Mn
Mar 31, 2025 -42.00 Mn
Dec 31, 2024 -47.00 Mn
Sep 30, 2024 -52.00 Mn
Jun 30, 2024 -47.37 Mn
Mar 31, 2024 -63.00 Mn
Dec 31, 2023 -226.00 Mn
Sep 30, 2023 -43.00 Mn
Jun 30, 2023 -50.79 Mn
Mar 31, 2023 -78.00 Mn
Dec 31, 2022 -91.00 Mn
Sep 30, 2022 -20.91 Mn
Jun 30, 2022 -35.00 Mn
Dec 31, 2021 -270.00 Mn
Sep 30, 2021 -63.68 Mn
Jun 30, 2021 -90.75 Mn