Grandstand GRSD
NASDAQ GRSD
$1.84 +0.00 (+0.27%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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