Grandstand (GRSD) Research & Development (2020 - 2026)
Grandstand's (GRSD) quarterly Research & Development came in at -$16.1 million in Q2 2026, down 4.9% year-over-year from -$17.0 million in Q2 2025, and little changed quarter-over-quarter from -$16.2 million in Q1 2026.
Analysis
Grandstand (GRSD) Research & Development (2020 - 2026) Analysis & Trends
Grandstand has disclosed Research & Development across 7 years of filings, most recently posting -$16.1 million for Q2 2026.
- In Q2 2026, Research & Development fell 4.9% year-over-year to -$16.1 million; the TTM figure through Jun 2026 stood at -$65.2 million (down 24.9% YoY), while the FY2025 annual figure was -$63.0 million, down 50.38% from the prior year.
- Research & Development came in at -$16.1 million for Q2 2026 at Grandstand, roughly flat from -$16.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$7.4 million in Q1 2022 to a low of -$17.0 million in Q4 2025.
- Average Research & Development over 5 years is -$11.5 million, with a median of -$10.2 million recorded in 2023.
- Year-over-year, Research & Development plunged 172.26% in 2022 and fell 1.33% in 2023.
- Over 5 years, Research & Development stood at -$9.4 million in 2022, then retreated by 3.04% to -$9.7 million in 2023, then declined by 12.27% to -$10.9 million in 2024, then sank by 56.43% to -$17.0 million in 2025, then grew by 5.13% to -$16.1 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were -$16.1 million in Q2 2026, -$16.2 million in Q1 2026, and -$17.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Zeta Global Holdings | 7.48 Bn | 7.17 Bn | 261.77 Mn | 104.04 Mn |
| 2 | Klaviyo | 4.79 Bn | 3.96 Bn | 269.10 Mn | 139.30 Mn |
| 3 | Braze | 2.63 Bn | 2.24 Bn | 138.66 Mn | 89.19 Mn |
| 4 | LiveRamp Holdings | 2.28 Bn | 1.91 Bn | 150.94 Mn | 51.93 Mn |
| 5 | Sharplink | 856.09 Mn | 799.90 Mn | 11.27 Mn | - |
| 6 | Yext | 607.07 Mn | 520.24 Mn | 83.84 Mn | 26.31 Mn |
| 7 | Sprout Social | 541.18 Mn | 421.25 Mn | 96.09 Mn | 47.42 Mn |
| 8 | TechTarget | 280.56 Mn | 234.74 Mn | 64.48 Mn | 29.67 Mn |
| 9 | Marchex | 70.02 Mn | 61.87 Mn | 6.60 Mn | 2.30 Mn |
| 10 | Grandstand | 65.46 Mn | 56.65 Mn | 31.83 Mn | -16.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -16.14 Mn |
| Mar 31, 2026 | -16.19 Mn |
| Dec 31, 2025 | -17.01 Mn |
| Sep 30, 2025 | -15.91 Mn |
| Jun 30, 2025 | -15.39 Mn |
| Mar 31, 2025 | -15.16 Mn |
| Dec 31, 2024 | -10.88 Mn |
| Sep 30, 2024 | -10.82 Mn |
| Jun 30, 2024 | -10.71 Mn |
| Mar 31, 2024 | -9.61 Mn |
| Dec 31, 2023 | -9.69 Mn |
| Sep 30, 2023 | -8.64 Mn |
| Jun 30, 2023 | -8.74 Mn |
| Mar 31, 2023 | -8.26 Mn |
| Dec 31, 2022 | -9.40 Mn |
| Sep 30, 2022 | -8.52 Mn |
| Jun 30, 2022 | -8.45 Mn |
| Mar 31, 2022 | -7.36 Mn |
| Dec 31, 2021 | -4.63 Mn |
| Sep 30, 2021 | -3.59 Mn |