Galaxy Gaming (GLXZ) Research & Development (2010 - 2026)
Galaxy Gaming (GLXZ) reported Research & Development of $128,553 for Q2 2026, down 47.1% from $243,162 a year earlier and down 15.5% from the prior quarter.
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Analysis
Galaxy Gaming (GLXZ) Research & Development (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Galaxy Gaming's Research & Development came in at $605,980, down 46.9% year-over-year; for FY2025, it was $931,307, down 11.9% from FY2024.
- Research & Development has a five-year compound annual growth rate of 13.8% (FY2020 to FY2025).
- By year, Research & Development came in at $1.06 million in FY2024 (+28.4%), $823,189 in FY2023 (+40.8%), $584,513 in FY2022 (+12.3%) and $520,449 in FY2021 (+6.7%).
- Five-year quarterly Research & Development spans a low of $94,824 in Q4 2025 and a high of $362,776 in Q1 2025.
- Year over year, Research & Development has now declined in each of the last five quarters, with an average decline of 11.1% over the last eight quarters.
- The high point for year-over-year Research & Development in five years was Q4 2023 (growth of 80.2%); the low point was Q4 2025 (a decline of 65.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $152,058 (Q1 2026), $94,824 (Q4 2025) and $230,545 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | 1.01 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | -3.32 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn | 445.00 Mn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn | 1.04 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | - |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | -673.00 Mn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | 468.43 Mn |
| 10 | Galaxy Gaming | 40.57 Mn | 23.31 Mn | 7.86 Mn | 128,553.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 128,553.00 |
| Mar 31, 2026 | 152,058.00 |
| Dec 31, 2025 | 94,824.00 |
| Sep 30, 2025 | 230,545.00 |
| Jun 30, 2025 | 243,162.00 |
| Mar 31, 2025 | 362,776.00 |
| Dec 31, 2024 | 274,325.00 |
| Sep 30, 2024 | 261,493.00 |
| Jun 30, 2024 | 269,479.00 |
| Mar 31, 2024 | 251,886.00 |
| Dec 31, 2023 | 190,359.00 |
| Sep 30, 2023 | 226,405.00 |
| Jun 30, 2023 | 199,665.00 |
| Mar 31, 2023 | 206,760.00 |
| Dec 31, 2022 | 105,647.00 |
| Sep 30, 2022 | 127,774.00 |
| Jun 30, 2022 | 152,022.00 |
| Mar 31, 2022 | 199,070.00 |
| Dec 31, 2021 | 115,122.00 |
| Sep 30, 2021 | 156,768.00 |
API Access
Galaxy Gaming Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=GLXZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "GLXZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=GLXZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();