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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |